The Impact of Information Technology in Corporate Financial Management Francis Pol Lim AMA University, Quezon City, Philippines limfrancispol19@gmail.com Abstract. Information technology is a wide field which has influenced other fields of knowledge and has applied its practical applications to make things effective and efficient. This paper aims to describe the influence of information technology in the field of corporate financial management. This 5.2article discusses the basic principles and the key individuals in financial management. A review of related studies regarding IT in finance will be also tackled. Keywords: Information Technology, Financial Management 1 Introduction Financial management is one of the important key functions in a company which has a great impact on the success of the company. This is concerned with the acquisition, financing, and management of assets with some overall goal in mind [1]. Its decision function includes areas such as investment, financing, and asset management decisions. Investment decision happens when the firm has determined the amount of assets needed to be held by the business entity to support its operations. After deciding on what assets or securities needed to be acquired by the business, it’s now time to decide on how to finance these assets. The company may utilize funds from their equity or incur liabilities from external sources. Assets acquired must then be managed effectively and efficiently in order to increase its returns. In addition, related aspects of financial management may include, fund-raising, fund usage, activity planning, implementations controlling and future developments with the help of financial accounting, cost accounting, budgeting and business statistics [2]. Generally, the objectives of financial management may be broadly divided into two parts - profit maximization and wealth maximization [3]. Profit Maximization is a process that companies undergo to determine the best output and price levels in order to maximize its return [1]. The company will usually adjust influential factors such as production costs, sale prices, and output levels as a way of reaching its profit goal [3]. On the other hand, wealth maximization is the concept of increasing the value of a business in order to increase the value of the shares held by stockholders. The concept requires a company's management team to continually search for the highest possible returns on funds invested in the business, while mitigating any associated risk of loss Advanced Science and Technology Letters Vol.146 (FGCN 2017), pp.114-119 http://dx.doi.org/10.14257/astl.2017.146.20 ISSN: 2287-1233 ASTL Copyright © 2017 SERSC