In order to achieve a financial strategy that meets the management objectives it is essential to have reliable data. The financial manager of the company is responsible for supervising the compilation and preparation of the reports containing this valuable information.
The objective of financial management is the maximization of shareholders’ wealth. To satisfy this objective a company requires a long term course of action. The Inter-American Investment Corporation (IIC) reveals the importance of implementing an adequate financial management strategy for meeting this objective.
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