Dr Ajaz Ahmad Bhat I have completed my Ph.D at the age of 28 years from barkatuallh university Bhopal, India and now working as a assistant professor in Jammu university since 2020, and I have 27 publications and two books also in the reputed journals, like scopus, Copernicus, ugc care listed and peer reviewed too.
Finance management is in high priority to maximise the overall strength of the outsiders of the company, like investors and shareholders, basically profit maximization is the core objective of any business concern in order to distribute the same among the equity shareholders. Financial management is actually mean planning, organising, controlling and directing financial resources of the business concern in the manner of right way to secure the future and overcome the new market challenges as-well, basically it is well-known function of financial manager to allocate and procure the funds of company and this is the only reason behind the success of any business concern but most importantly it needs a deep knowledge of internal and external environment of the business as-well and in this research study I will highlight the importance of financial management with the help of sampling area, the data will be collected through the proper questionnaire and will be distributed among the respondents and statistical tools will be applied for sake of data analysis this study will enriches the Quality of information about the financial management in order to provide the clear understanding about the said subject among the readers.
Dr. Kamesh is a finance and accounting professional with more than 20 years of experience in diversified fileds. Dr. Kamesh has exceptional knowledge of more than a decade in Research, Mentoring, Finance & Accounting, and Information Technology. He has a great brink of working in different diversified industry classes like Construction, IT solutions, Education, Interior Designing, Food solutions, Project Supplies, and Project Management with an in-depth understanding of business operations. Dr. Kamesh, in his last role, has been consistently demonstrating his managerial skills and achieved expertise in the risk-based audit of operations, financials, and MIS in a high-end ERP-driven environment. Dr. Kamesh has performed exceptionally well as a Project Leader in the various complex implementation of ERP solutions (Oracle Financials) and Business Intelligence systems (Oracle Hyperion Planning & Essbase) for a globally reputed business conglomerate. His areas of expertise are IFRS, Finalization of Accounts, Internal Audit, ERP & BI consultant. He is currently undergoing a Management Development Program in Strategic Finance from the Indian Institute of Management (IIM), Lucknow, to expand his skills portfolio in the areas of M&A, FPNA, Business valuations, Corporate Strategies etc.
Internal audit is an independent activity carried out with utmost good faith and integrity to identify the organization's uncertainties. Project management is a systematic process of managing and administrating a project within a pre-defined time frame and cost brackets. Construction projects are exposed to a high degree of risk in terms of their statutes and legal obligations. The project's possible risks can be classified into quantitative and qualitative risks, which have a considerable influence on the execution of the project. Internal audit predominantly depends on the showcase of fair knowledge on project operations, financials, legal and statutory responsibilities. An internal auditor is expected to gain expertise in conducting a critical review of project financials by the International Financial Reporting Standards (FRS). Using his professional ethics, the internal auditor should demonstrate his integrity and honesty and submit a fair and unbiased report on the happenings of the project. Internal auditors shall not be limited to a specific audit area and spread their vigilance in other areas of operations. This presentation aims to evaluate the role of an internal auditor in assisting the board in blowing the whistle in abnormal transactions.