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Financial Management System: Prepared For: Miss Mima Razana Prepared By: Juladi Bin Murkim

The document discusses financial management systems, which are tools that collect and analyze financial data to help make good financial decisions for businesses. It provides definitions of financial management functions like planning, controlling funds, and investment. Finally, it lists some common financial management software modules and the roles that typically use financial management systems, such as accountants, financial analysts, and chief financial officers.

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Adi Nur
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© Attribution Non-Commercial (BY-NC)
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55 views

Financial Management System: Prepared For: Miss Mima Razana Prepared By: Juladi Bin Murkim

The document discusses financial management systems, which are tools that collect and analyze financial data to help make good financial decisions for businesses. It provides definitions of financial management functions like planning, controlling funds, and investment. Finally, it lists some common financial management software modules and the roles that typically use financial management systems, such as accountants, financial analysts, and chief financial officers.

Uploaded by

Adi Nur
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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FINANCIAL MANAGEMENT SYSTEM

College MCS

Prepared for : Miss Mima Razana

Prepared by : Juladi Bin Murkim


Definition financial information system

 Term for a system that accumulates and analyzes


financial data in order to make good financial
management decisions in running the business.

Reference---->http://www.allbusiness.com/glossaries/financial-information-system/4951590-1.html
Financial Management Function
 Financial management is to study and implement, the functions of the financial sector are to
reduce risk in economic life by providing insurance protection, to assist the government in
stabilizing the economy , to create mechanisms for payments for goods and services . The
other function is :

1) financial planning and controlling

2) deciding financial policy

3) acquisition of funds

4) investment of funds

5) helping in evaluating decisions

6) maintaining proper liquidity

7) understanding the capital market

Reference--- > http://wiki.answers.com/Q/What_financial_managers_do


Financial Management Diagram
FIS Module Overview

BRS
General Ledger
Fixed Assets
Budget

Accounts Payable Cash Management


CASHNet

Projects /Grants
eForms Accounts
Accounting
Receivable

HRIS Payroll
Labor
Distribution
Human Resources

STARS

Purchasing Consumable
Inventory
Who Use Financial Management System
 Assistant Vice President, Financial Controls

 Accounting Policy (IFRS) – Banking

 Financial Planning & Analysis Manager (Financial Services)

 Financial Planning & Analysis - Global Bank

 Product Manager

 Chief Financial Officer

Reference----- > http://jobs.efinancialcareers.sg/Accounting_Finance.htm


Financial Software

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