CIMA Financial Management Magazine (1)

There is absolutely no need to make a person aware of the significance of managing his personal finance today. Since strategic financial management is all about maintaining focus on attaining a company’s long-term business goals, it necessarily includes developing and putting in place regular procedures for review and evaluation of how well the company is doing in terms of staying on track.Finance Management

This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; financial control functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability and treasury risk management for the Bank Group.Finance Management

Emanating from the risks faced in agency theory, researchers on small business financial management contend that in many small enterprises the agency relationship between owners and managers may be absent because the owners are also managers; and that the predominantly nature of SMEs make the usual solutions to agency problems such as monitoring and bonding costly thereby increasing the cost of transactions between various stakeholders (Emery et al.1991).

Clearly, it is time to recognise that considerations of the different sides of the question as to what reform methods to adopt or whether Public Finance Management is, or should be, driven principally by the disbursement conditionalities set by donors; or arrived at through much wider debate and careful consideration by the citizenry and leadership of developing countries might lead to quite different conclusions.Finance Management

If your English language skill is currently below an IELTS score of 6.0 with a minimum of 5.5 in all skills we recommend you consider a Sheffield Hallam University Pre-sessional English course which will enable you to achieve an equivalent English qualification.