Finance is regarded as the lifeblood of a business enterprise. the subject management is of immense interest to every financial analyzer. It needs special attention because of complexities involves to managing cash to present day industrial function.
A main aspect is the estimation of how mush of finance need for a business organization requires and too what repose.
“Business finance is that business activity which is concerned with the acquisition and conversation of capital funds in meeting financial needs and overall objectives of a business enterprise”.
The activity of the finance can defined as planning, raising, controlling and administering of funds in the business.
The important thing in an organizations financial management is to analyses the financial performance of the firm. Here the financial performance of vijaya bank has to be analyzed. By which the researcher can find the short term solvency, working capital management for vijaya bank. This is going to be a valuable thing and which will help the concern to survive with great value. Financial management is mainly concerned with the proper management of funds.
Financial analysis an overview:
The basis of financial planning, analysis and decision making is the financial information. Financial information is needed to predict, compare and evaluate the firm’s earnings ability. It is also required to aid in economic decision making, investment and finding decision making. The financial information of the enterprise is contained in the financial statement or accounting reports. Accounting system of the firm is the main sources of financial information. The accounting system helps to accumulate, measure and communicates financial information in clued owner, creditors, manager, employee, customer, supplier, government and society.
The financial statement balance sheet and profit and loss account is the basis instrument of an accounting system to communicate financial information