Financial Managment Course Project Topic Essay Example | Topics and Well Written Essays - 250 words

Financial Managment Course Project Topic - Essay Example In normative way company can explain what should do for maintain accounts and finance in an accurate way and in positive way company can explain that what they are doing at present for maintain financial records. These theories help to make economic decision in the business. Financial theories provide a set of principles and focus on certain relationships which explain observed practices and these theories are also able to highlight the unobserved practices also. These theories also help to focus on an important factor and that is the procedure which a company is applying to utilize its financial resources (Kimmel, Weygandt and Kieso, 2010). If all the financial resources are not utilized properly or these resources are not utilized for the purpose of business then the business owner can get information by applying proper financial theories. Financial statements are main parts in any company to maintain the financial and accounting records. These statements are prepared by using rele vant financial theories. Above mentioned reasons are the motivational factors for doing such practices in every organization (Banerjee,