explain why financial management is a difficult task within an organisation, and give examples as well as the risks associated with financial management

what are real world issues and problems faced by the financial managers

How does the financial strength of an organization influence decision making and outcomes?

analys the risks related to financial business decisions.

Discuss the implications of material errors on financial statements and the potential consequences for an organization. How can these errors affect the organization's reputation and stakeholders' trust?

What is the significance of Financial Management? What are the advantages and disadvantages of Financial Management?

What are the commonly accepted goal of financial management?

How do the various functional departments of an organization use financial planning (i.e. marketing, operations, sales, executive management, finance, etc.)?

Using the following table as a guide, describe for each function (see Figure 11.1): A risk (an event or action that will cause the organization to fail to meet its goals/objectives). A control/process or use of technology that will address the risk. Function Risks Controls and Technology Marketing     Finance     Billing       AR (debit)         Sales (credit)     Collections       Cash (debit)         AR (credit)

Management accountants help the management of an organization in their planning function through ________.A. monitoring anti-theft systemsB. strategic planningC. evaluating costsD. analyzing profits