Dfference between financial management and planning (1 Viewer)

[rabsta89]

hey, could anyone please give me some tips and help on how they would write a report about the difference between financial management and planning.

how sould you structure it or what would u talk about?

 

[kokodamonkey]

why would you be asked a question about that? lol?
umm planning refers to PLANNING THINGS. i.e. the 8step financial planning step cycle thingie.
financial management refers to looking after everything i.e. liquidity,solvency,profitability,efficiency, working capital, etc

 

[du4luv]

hey, could anyone please give me some tips and help on how they would write a report about the difference between financial management and planning.

how sould you structure it or what would u talk about?

Look at it this way, what is the difference between planning and managment?
Try to answer that and than incorporate financial into managment. Example: how to manage funds, inflow and outflow... etc