... the stakeholders. The role of the financial manager assist and enables other managers with the management of assets, costs and as well as other strategic planning for new and existing products and services (Catanach, 1999). SEC requires that financial managers, under law, are to ensure that the shareholders receive timely and accurate information related to the financial stability of the company. In terms of the shareholders, they have a need to know the value of their investments (Bushman & Smith, 2003). The finance manager stands between the firm's operations and the financial markets where investors hold the financial asset issued by the firm. The financial manager's role starts from flow of cash from investors to the firm and back to investor again. Financial manager is a person responsible for a significant investment and financing decision. The manager as a stock holder's agent is instructed to find and invest in all ...

See this essay or coursework document in full right now