Financial strategy refers to a plan or approach that an organization or individual uses to manage their financial resources effectively to achieve specific financial goals. This encompasses techniques for budgeting, investing, financing, and resource allocation. A robust financial strategy involves analyzing current financial positions, forecasting future financial conditions, assessing risks, and making informed decisions to maximize profitability and ensure sustainability. It serves as a roadmap that guides financial decisions and helps in navigating market changes, optimizing cash flow, managing expenses, and achieving long-term financial objectives.
The UAE Ministry of Finance and ACCA have launched a cutting-edge certification program centered on International Public Sector Accounting Standards (IPSAS). From February 17 to 21, 2025, Dubai will host…