Humans by their very nature are beings who expect a return, and the majority of their actions are inspired by a motive, a motive for the fulfillment of desires through the obtainment of something of need.
How many types of Finance are there?
– Personal Finance– Corporate Finance– Public Finance– Investment Management– Risk Management– Quantitative Finance
What are some major advantages of Finance?
– The flexibility is greater– The cash flow improves– Existing credit lines are preserved– Reduction of total ownership cost– Enhancement of financial ratio– Cash forecasting is improved– Benefits align with payments– Sales boost
The major concerns with public finance are:
– Entity’s revenue source
– Required expenditure identification for a public entity
– Process of budgeting
– Issuance of sovereign debt or public works projects municipal bonds