IMPACT OF FINANCIAL MANAGEMENT IN ORGANIZATIONAL GOAL

Student: Gloria Chinaza Kanu
Supervisor: Mr Livingstone Njemanze
HOD: Dr Francis Amaramiro
Department of ACCOUNTANCY
SCHOOL OF BUSINESS AND MANAGEMENT TECHNOLOGY
Abia State Polytechnic, Aba, Abia State

Abstract

This research work examined impact of financial management on organization goal with P.Z as the case study. Absence of sound financial decision has resulted in the collapse of many firms. The study relied on a sample size of 80 from the population under study. In the course of the project work, primary and secondary sources of data collection were used. These include the use of questionnaires, interviews as well as journals, textbooks and newspapers. Data collected were presented using tables and analyzed using percentages. The chi-square was used in testing the hypothesis formulated in this work. The study revealed that a significant relationship existed between the role of the financial manager and the attainment of organizational goals. Among the recommendations made in the study is that financial manager should exercise great care in the discharge of their duties in finance which represents the life blood of the firm. Therefore, sound financial decision must be taken by financial managers.

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