What are the functions of finance?
The five basic corporate finance functions are described as those functions related to; 1) raising capital to support company operations and investments (aka, financing functions); 2) selecting those projects based on risk and expected return that are the best use of a company's resources (aka, capital budgeting functions); 3) management of company cash flow and balancing the ratio of debt and equity financing to maximize company value (aka, financial management function); 4) developing a company governance structure to encourage ethical behavior and actions that serve the best interests of its stockholders (aka, corporate governance function); and 5) management of risk exposure to maintain optimum risk-return trade-off that maximizes shareholder value (aka, risk management function).
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The main functions of finance are: to raise capital to operate abusiness; to make the best use of resources to reach objectives andexpect returns; to manage the cash flow of t…he company between itsliabilities and assets; to perform good financial management, etc.Finance and its proper management is the backbone of any business.
Some functions of international finance include provision ofcapital flows between countries and multinationals. There is aspecial focus of investment and risk management, such… as in foreigncurrencies.
Functional finance is an economic theory. It believes that thegovernment should finance, but not necessarily control, areas likethe achievement of full employment for a countr…y.
Finance function of a corporation is related with procurement of funds, their allocation, proper utilization, and their proper management. It can be said as financial manageme…nt.
prepare a budget
funtion of finance department include budgeting, auditing, revenue and taxation wings.
There are 4 key roles in any organization in present day scenario: Steward -- control over assets of the organization Operator -- creates strategic framework to monitor …the efficiency of finance process Strategist -- acting as a strategic advisor to align the organizational goals Catalyst -- acting as change agent to execute and monitor necessary changes to achieve the overall strategic objectives of the organization
is concerned with providing funds to cover the financial effect of unexpected losses experienced by a firm. Traditional forms of finance include risk transfer, funded retentio…n by way of reserves (often called self http://www.answers.com/topic/risk-finance# ) and risk pooling. Alternative risk finance is the use of products and solutions which have grown out of the convergence of the banking and insurance http://www.answers.com/topic/risk-finance# . They include captive insurance companies and catastrophic bonds, and finite risk products such loss portfolio transfers and adverse development covers. Professor http://www.answers.com/topic/lawrence-a-cunningham of George Washington University suggests adapting cat bonds to the risks that large auditing firms face in cases asserting massive securities law damages. http://www.answers.com/topic/risk-finance#cite_note-0 http://www.answers.com/topic/risk-finance#cite_note-1 Read more: http://www.answers.com/topic/risk-finance#ixzz1ms7Bi2KS
the various function done by finance department is:- Budget preparation. Budget administration. Cost allocation. Accounts payable. Payroll. Fringe benefits. Grants a…dministration. Monitoring service providers. Technical assistance to service providers. Contract administration.
Finance is basically in charge of all of the money in thecorporation. They decide how to spend the money in the smartestway.
Supervision of cash receipts and payments. . Safeguarding of cash balances. . Safeguarding of securities, insurance policies and other valuable papers. . Taking proper care… of mechanical details of financing. . Record keeping and reporting. . Credit Management
The finance department in a manufacturing company is responsiblefor reviewing and analyzing financial information. This may includefunding for the company, profit and loss sta…tements, and employeepayroll information.
finance mean.from where money has come and how to spend correctly to get profit
The function of the finance manager is to identify and determine the finance resources and the best possible way to utilize the finances for the organisational objectives with… the maximum rate of return of the finance resources utilized in the most effective and efficient way. He also formulates the future growth plans with the availability of finance and can apply leverage to the company finance by short term or long term plans.His objective is maximum profitability in the returns of the investments by the owners (equity holders) and well as long term growth of the organization.
The main functions of international finance corporation is tomobilize capital in the international financial market. It alsooffers advise on asset management and investment to… developingcountries.
( Work with issues regarding taxes and SocialSecurity. )