answersLogoWhite

0

When you are asked to draw up an organizational chart that highlights the financial function of the company, you should trace the money flow from department to department. You can start by linking the accounting department to some of the functional areas within the business.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What is the function of the accounts office?

To ensure that financial events are accurately and appropriately recorded in the company's financial and or financial statements.


What is the function of the account officer?

To ensure that financial events are accurately and appropriately recorded in the company's financial and or financial statements.


Who is Lee Mercer and what is his role in the company?

Lee Mercer is the Chief Financial Officer (CFO) of the company. He is responsible for overseeing the financial operations and strategies of the organization.


Who is John Stalfos and what is his role in the company?

John Stalfos is the Chief Financial Officer (CFO) of the company. He is responsible for overseeing the financial activities and strategies of the organization, including budgeting, financial planning, and financial reporting.


Is USAA a non-profit company?

No, USAA is not a non-profit company. It is a financial services company that operates as a for-profit organization.


How can one determine the net assets of a company or organization?

To determine the net assets of a company or organization, you subtract its total liabilities from its total assets. This calculation gives you a measure of the organization's financial health and value.


What are financial forecasts and financial projections?

Financial forecasts and financial projections are estimated future financial statements of the company that presents its expected financial position. Financial forecasts assume that the company will continue to function in the same manner as it is currently functioning and in financial projections there are few hypothetical assumptions about a company's future course of action.


What are audits and why are they carried out?

An audit is an accounting procedure where financial records of a company are inspected to verify that they are accurate. The audit keeps a company honest and reassures employees and investors as to the financial status of the organization.


What is an apex organization?

An apex organization is a lending company that provides various funding to smaller firms. This term is usually used in relation to financial institutions.


Impact of information system on organization?

An impact of information system on an organization is that it improves the efficiency of the organization. It saves the organization a lot of time.


What is the religious domination associated with Thrivent?

The company Thrivent is a company that is considered a financial services organization. It is stated that Thrivent is associated with the Lutheran religion.


What do you mean by finance function?

Finance function is the function which determines and brings the future financial resources need for the company from different sources like banks and financial institutions such as profit and loss account balance sheet and trial balance