Financial management is a scientific discipline whose aim is to manage the financial resources of an entity or company in an effective and efficient manner.Financial management includes various activities such as budgeting, financial planning, cash management, investment management, financing, cost control and financial performance analysis.The main objective of financial management is to ensure that the company has sufficient financial resources to finance its operations, as well as maximize the value of the company for stakeholders (stakeholders).In a business context, financial management aims to maximize profits and reduce financial risks.Financial management is also related to investment and financing decision making. This includes making decisions regarding the right type of investment, optimal financing sources, and effective financial risk management.