This document provides an overview of financial management. It discusses the scope and importance of financial management, including its objectives and functions. Financial management deals with procuring and effectively utilizing funds for business. The objectives of financial management have traditionally been profit maximization, but a modern approach emphasizes wealth or net present value maximization to improve shareholder value over time while considering risk. Key functions of a financial manager include forecasting financial requirements, making investment, dividend, and cash management decisions, engaging in financial negotiations, and performing market impact analysis.