Sunday 24 February 2008

Role and Importance of Finance Department

Why is Finance important?

• ensure that there are adequate funds available to acquire the resources needed to help the
organisation achieve its objectives;

• ensure costs are controlled;

• ensure adequate cash flow;
• establish and control profitability levels.

One of the major roles of the finance department is to identify appropriate financial information prior to communicating this information to managers and decision-makers, in order that they may make informed judgements and decisions.

Finance also prepares financial documents and final accounts for managers to use and for reporting purposes (AGM etc)

29 comments:

Unknown said...

Thanks...this is really very good information.

Ewayemisi said...

Thank you so much for this is a great Training......appreciated
Thanks!

ah joo said...

very comprehensive!

lotoya said...

thanks a lot, because of this information my s.b.a.is more understanding to me...

Unknown said...

Hey Friends how are you I am share with you some business grow up tips hope you like it. The main deterrent to starting a small business for most people is money. Even if they have a nest egg set aside and can afford the start up costs, they know that their new business isn't going to bring in any appreciable amount of money for a while and don't know how they're going to pay their bills in the meantime.Getting a small business loan is an option for some, but small business loans are often earmarked for specific uses. (The Canada Small Business Financing Program is one such program that offers small business loans with restrictions on what can be done with the money.)While you may be able to get a small business loan for purchasing property or equipment for your new business, getting a small business loan to cover your living expenses may well be impossible. (See 10 Things You Need to Know About Small Business Funding for more about business start up funding.) Starting your new business part-time solves this problem neatly. You're still able to pay your bills and can afford to bankroll your new business because you've got money coming in.
North and Loans

Unknown said...

Can you just add more info. for us?thanks v/much ..

Unknown said...

Can you just add more info. for us?thanks v/much ..

Unknown said...

ThANKS A LOT ) VERY HELPFUL

Mohamed Ali said...

$$$ GENUINE LOAN WITH LOW INTEREST RATE APPLY $$$
Do you need finance to start up your own business or expand your business, Do you need funds to pay off your debt? We give out loan to interested individuals and company's who are seeking loan with good faith. Are you seriously in need of an urgent loan contact us.

Email: shadiraaliuloancompany1@gmail.com
Phone No: +919873186890

Unknown said...

Most of the time I don’t make comments on websites, but I'd like to say that this article really forced me to do so. Really nice post!
Milton barbarosh

Unknown said...

Friend, this web site might be fabolous, i just like it.
Wausau

Unknown said...

Do you need Personal Loan?
Business Cash Loan?
Unsecured Loan
Fast and Simple Loan?
Quick Application Process?
Approvals within 24-72 Hours?
No Hidden Fees Loan?
Funding in less than 1 Week?
Get unsecured working capital?
Contact Us At :mrhamdnloanoffer@gmail.com
LOAN SERVICES AVAILABLE INCLUDE:
================================
*Commercial Loans.
*Personal Loans.
*Business Loans.
*Investments Loans.
*Development Loans.
*Acquisition Loans .
*Construction loans.
*Business Loans And many More:
Contact Us At :mrhamdnloanoffer@gmail.com

yaklibber924 said...

I am often to running a blog and i actually recognize your content. The article has actually peaks my interest. I'm going to bookmark your web site and preserve checking for brand spanking new information. online casino

Standard Online Finance said...

Do you need Personal Loan?
Business Cash Loan?
Unsecured Loan
Fast and Simple Loan?
Quick Application Process?
Approvals within 8-10 Hours?
Funding in less than 1 day?
Get unsecured working capital?
Contact Us At: standardonlineinvestment@gmail.com

LOAN SERVICES AVAILABLE INCLUDE:
================================
*Commercial Loans.
*Personal Loans.
*Business Loans.
*Investments Loans.
*Development Loans.
*Acquisition Loans .
*Construction loans.
*Credit Card Clearance Loan
*Debt Consolidation Loan
*Business Loans And many More:

LOAN APPLICATION FORM:
=================
Full Name:................
Loan Amount Needed:.
Purpose of loan:.......
Loan Duration:..
Gender:.............
Marital status:....
Location:..........
Home Address:..
City:............
Country:......
Phone:..........
Mobile / Cell:....
Occupation:......
Monthly Income:....Contact Us At: standardonlineinvestment@gmail.com
Thanks and look forward to your prompt reply.
Regards,
Muqse

Unknown said...

Do you need a loan ?Here is a legit lender who you can take out loan from .You can contact Steven Ryan finance via: whatsapp/call : +971 52 961 5981
Email: stevenryanfinance@gmail. com

Dolores Delgado said...

Hi!!! Am so happy I got mine from Mike Fisher. My blank ATM card can raise €2 000 daily. I got it from him last week and now I have €14 000 free. Empty ATM will withdraw money from any ATM machines and there is no name for it, it is not traceable and now I have money in business and enough money for me and my family to live. I'm really happy that I met Mike Fisher because I met two people before him and they took my money without knowing that they were scams. But I'm happy now. Mike Fisher sent a card through DHL and I got it in two days. Get your own card from him now he is not like any other scammer to pretend to have an ATM card, he gives it free to help people even if it is illegal but it helps a lot and nobody ever gets caught. I am grateful to Mike Fisher because he changed my story suddenly. The card works in all countries except Mali and Nigeria. Mike Fisher's email address is: blankatm002@gmail.com

FAST LOAN OFFER whats-App +918929509036 said...

Dearest Esteems,

We are Offering best Global Financial Service rendered to the general public with maximum satisfaction,maximum risk free. Do not miss this opportunity. Join the most trusted financial institution and secure a legitimate financial empowerment to add meaning to your life/business.

Contact Dr. James Eric Firm via
Email: fastloanoffer34@gmail.com
Best Regards,
Dr. James Eric.
Executive Investment
Consultant./Mediator/Facilitator

Suraj said...

Nice information on here, I would like to share with you all my experience trying to get a loan to expand my Clothing Business here in Malaysia. It was really hard on my business going down due to my little short time illness then when I got heal I needed a fund to set it up again for me to begin so I came across Mr Benjamin a loan consultant officer at Le_Meridian Funding Service He asked me of my business project and I told him i already owned One and i just needed loan of 200,000.00 USD he gave me form to fill and I did also he asked me of my Valid ID in few days They did the transfer and my loan was granted. I really want to appreciate there effort also try to get this to anyone looking for business loan or other financial issues to Contact Le_Meridian Funding Service On Email: lfdsloans@lemeridianfds.com / lfdsloans@outlook.com He also available on WhatsApp Contact:+1-9893943740.

Alan Curtis said...

I want to share with you all here on how I get my loan from Mr Benjamin who help me with loan of 400,000.00 Euro to improve my business, It was easy and swift when i apply for the loan when things was getting rough with my business Mr Benjamin grant me loan without delay. here is Mr Benjamin email/whatsapp contact: +1 989-394-3740, lfdsloans@outlook.com.

Unknown said...

Are you looking for a business loan, personal loans, mortgage loans, car loans, student loans, unsecured loans for consolidation, project finance etc ... Or simply refuse loans from a bank or financial institution for one or more reasons? We are the right solutions for credit! We offer loans to companies and individuals with a low and affordable 2% interest rate. Therefore, if you are interested in an urgent and secured loan. For more information, please email us today: Via: Elegantloanfirm@hotmail.com.

Unknown said...


WE INVITE YOU TO JOIN THE GREAT ILLUMINATI HOOD TO BE RICH, FAMOUS AND ACHIEVE YOUR DREAMS AND GOALS IN LIFE.



The Illuminati is an elite organization of business authorities, innovators, artists, and other influential members of this planet. Our coalition unites influences of all political, religious, and geographical backgrounds to further the prosperity of the human species as a whole.

DO YOU WANT TO BE A GREAT AND A FAMOUS

Footballer, Tennis player, Basketballer, e.t.c

Artists, Actor, Atress, a Producer or a Pastor e.t.c

Politician, Farmer, Business Man/woman. etc.

Or if you want to setup a big business/company or you want to cure your sickness and bring back your love ones.

If you are interested in any of this or more contact the GRAND MASTER on whatsapp +15672057060 or illuminatiteemple@gmail.com or click on the link https://chat.whatsapp.com/BjeItSnGY4LHmcp6EM4sLa


THANKS



adek said...

Wielu kredytobiorców zadaje sobie pytanie - jak dostać kredyt? Ja polecam kredytolsztyn.com - idealna firma pośrednicząca między mną w bankiem. Warunki współpracy doskonałe! Sprawdź kredyty hipoteczne Olsztyn

Unknown said...

My name is Mrs Nadia Albert from Russia, And i am a happy woman today through the help of a Loan lender, Mr Russ Harry. I will refer any person that is looking for loan to this Loan firm. He gave  happiness to me and my family, i was in need of a loan of $500,000.00 to start my life all over as i am a single mother with 2 kids I met this honest and GOD fearing man loan lender that help me with a loan of $500,000.00 US Dollar, at a low Rate. He is a God fearing man, if you are in need of loan and you will pay back the loan please contact him Via E-mail-Elegantloanfirm@hotmail.com /Whatsapp number+393511617486

Andrason said...

I want to appreciate Karin Sabine loans for me a loan of € 9000. if you need an urgent loan then avoid getting scammed by fake lenders and apply through real loan firm by email sabinhelps@gmail.com whatsapp +79267494861

Mrs. McCarthy Juan said...

TESTIMONY ON HOW I GOT MY LOAN FROM A GENUINE FINANCE COMPANY LAST WEEK. Email for immediate response: drbenjaminfinance@gmail.com

I am Mrs,Leores Jazbel by name, I live in United State Of America, who have been a scam victim to so many fake lenders online between November last year till July this year but i thank my creator so much that he has finally smiled on me by directing me to this new lender who put a smile on my face this year 2020 and he did not scam me and also by not deceiving or lying to me and my friends but however this lending firm is BENJAMIN LOAN INVESTMENTS FINANCE (drbenjaminfinance@gmail.com) gave me 2% loan which amount is $900,000.00 united states dollars after my agreement to their company terms and conditions and one significant thing i love about this loan company is that they are fast and unique. {Dr.Benjamin Scarlet Owen} can also help you with a legit loan offer. He Has also helped some other colleagues of mine. If you need a genuine loan without cost/stress he his the right loan lender to wipe away your financial problems and crisis today. BENJAMIN LOAN INVESTMENTS FINANCE holds all of the information about how to obtain money quickly and painlessly via Call/Text: +1(415)630-7138 Email: drbenjaminfinance@gmail.com

When it comes to financial crisis and loan then BENJAMIN LOAN INVESTMENTS FINANCE is the place to go please just tell him I Mrs. Leores Jazbel direct you Good Luck.......................

jeffrey cage said...


Cool way to have financial freedom!!! Are you tired of living a poor life, here is the opportunity you have been waiting for. Get the new ATM BLANK CARD that can hack any ATM MACHINE and withdraw money from any account. You do not require anybody’s account number before you can use it. Although you and I knows that its illegal,there is no risk using it. It has SPECIAL FEATURES, that makes the machine unable to detect this very card,and its transaction can’t be traced .You can use it anywhere in the world. With this card,you can withdraw nothing less than $4,500 a day. So to get the card,reach the hackers via email address : besthackersworld58@gmail.com or whatsapp him on +1(323)-723-2568

Rebecca Michaelson said...

HELLO, I am Rebecca Michaelson by name living in Europe. Here is a good news for those interested. There is away you can earn money without stress contact (THOMAS FREDDIE) for a blank [ATM CARD] today and be among the lucky once who are benefiting from this cards. This PROGRAMMED blank ATM card is capable of hacking into any ATM machine anywhere in the world. I got my master card from a good Hacker on the internet, with this ATM Card I am able to collect $5000 dollars every day via contacts:
+1 (985)-465-8370 {thomasunlimitedhackers@gmail.com}
I was very poor but this card have made me rich and happy, If you want to get this opportunity to become rich and establish your business then apply for this Master card, I am so happy about this because i got mine last week and I have used it to get $240,000.00 dollars from THOMAS FREDDIE UNLIMITED Hackers is giving out the card just to help the poor and needy and they ALSO OFFER FINANCIAL ASSISTANCE. get yours from THOMAS FREDDIE UNLIMITED HACKERS today. Kindly contact them by Email thomasunlimitedhackers@gmail.com

Thank You and God bless

Scott Tucker said...

Dear Sir / Madam

Do you need funds to start up your own business? Do you need loan to settle your debt or pay off your bills or start a nice business? Do you need funds to finance your project? We Offers guaranteed loan services of any amount and to any part of the world for (Individuals, Companies, Realtor and Corporate Bodies) interest rate of 2% within 1 year to 50 years repayment duration period to any part of the world. We give out loans within the range of $1,000 to $100,000,000 USD. Our loans are well insured for maximum security is our priority.

For application and more information send replies to the following

Lender's Name: Scott Tucker
Lender's Email: scotttuckerloanfund@gmail.com
What app Number: +16182279611

Anonymous said...

I am super excited today, all thanks Lapo Micro Finance for giving me a loan. I was deceived several times trying to get a loan until I came across Lapo Micro Finance who provided me with a loan worth $ 23,000 to care for my sick child. If you need a real lender today contact Lapo .Contact email: lapofunding960@gmail.com
Whatsapp +447883183014