The role of any business financial manager is to ensure the business develops its investment activities to their maximum potential, whether this is in share dealings or if it is investment in plant, machinery or production capabilities. The purpose of maximizing investment potential is to generate maximum profits to reward shareholders. This is often done by implementing cash management strategies to ensure that the company has money to grow and is investing (or divesting) in …
showed first 75 words of 840 total

showed last 75 words of 840 total
…so that changes in procedures can be established and implemented. Finance and accounting play vital roles in every company. They help the company stay afloat by keeping good records to transactions and what are or can be the result of decisions made by management. Although they perform different tasks within the organization, their activities help support each other. Accounting is the accurate recording of all financial transactions and finance is the transposition of that data.