Financial Management focuses on the financial aspects of providing IT services, including making the IT organization profitable.  The IT organization generates income by charging for IT services via a charging policy.  The goal is to help the IT organization reach its financial targets. 

Costs are shared by all IT customers through a defined cost model. 

IT customers are allocated charges via a charging policy.  Specific charges are defined as cost elements. 

The financial health of the IT organization is also affected by controlling IT expenses.