Financial management refers to the act of planning, organizing, directing and controlling financial activities such as obtaining and using an enterprise's funds. In other words, it is the application of public administration principles to an enterprise's financial resources or acquisition. This activity is vital to the Organization's health. It is necessary to plan, organize  and control financial resources with a view to achieving organizational goals and objectives. It is ideal for an enterprise to control its financial activities when it comes to buying money, using, accounting payments,.