ABSTRACT

We present the tools and techniques in three financial management categories: finance, internal reporting, and external reporting. The finance category relates to resource allocation, management, acquisition, and investment. The internal reporting category is accounting-related and is concerned with providing information to management for internal decision making. The external reporting category is also accounting-related and is directed toward providing information to outsiders, such as shareholders, financial analysts, creditors, prospective investors and employees, social activists, and the public in general.