Role of financial management in the management of the business (based on Business Media Network case)

Abstract

The work is devoted to analysis of financial management in business management. The work summarizes theoretical and practical information about role of financial management, its objectives, scope, as well as practical case of the existing company, and other small and medium businesses in Ukraine operating during war. Author identified the main aspects of financial management, such as financial decisions, financial statements, planning, budgeting, and financial control of all business activities. A comparative analysis of financial activities of small and medium businesses during war crisis in Ukraine based on surveys was conducted.