Financial resources, it is a term which refers to financial funds of the organization. Financial resources are from an economic perspective part of the assets (property) of the organization. Sometimes it is reffered to as Finance, often with some attributes (such as Business finance, Personal finance, Public finance).
Finance is one type of resource, respectively, that inputs into the production process.
In terms of finance control, financial resources are structured as follows:
-
Business funds- cash, deposits with financial institutions and cash equivalents (securities, checks …)
- Corporate capital - the sum of all money invested in the organization’s total assets (equity capital + foreign capital)
- Other financial resources - resources of funds creation and corporate capital (flow variable - the sum of “inflow” of money into the company for a certain period)
For a designation of financial resources is also used the concept of financial assets, that can have various forms of securities, which organizations own, or other form of receivables:
- Money and Gold
- Shares
- Bonds
- Promissory notes
- Checks
Managerial activity (field) focused on finance is financial management.
Related terms and methods:
Related management field:
Note: Term Finance is not clearly defined in the theory.
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