Basically the key area of an financial manager are divide into four main areas which are following:- 1.Planing of fund. 2.Acquisation of fund. 3.Allocation of fund. 4.Reinvestment of fund.
the roles of financial accountant
KRA (Key Responsibility Area/Key Results Area):"Key Result Areas" or KRAs refer to general areas of outcomes or outputs for which the department's role is responsible. A typical role targets three to five KRA.Value of KRAs:Identifying KRAs helps individuals: · Clarify their roles · Align their roles to the organisation's business or strategic plan · Focus on results rather than activities · Communicate their role's purposes to others · Set goals and objectives · Prioritize their activities, and therefore improve their time/work management · Make value-added decisionsDescription of KRAs:Key result areas (KRAs) capture about 80% of the department's work role. The remainder of the role is usually devoted to areas of shared responsibility (e.g., helping team members, participating in activities for the good of the organisation).
An abbreviation for accountant is acct. A certified public accountant is often referred to as a CPA which is one of the more common abbreviations.
Key result areas (KRAs) for a finance manager typically include financial reporting and analysis, budgeting and forecasting, cash flow management, and compliance and risk management. They are responsible for ensuring accurate financial records, developing financial strategies to meet organizational goals, optimizing resource allocation, and ensuring adherence to regulatory requirements. Additionally, effective communication with stakeholders and strategic decision-making are crucial to support the company's financial health and growth.
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Areas for grading your performance as a sales personnel.
performance management
office maintenance
To satisfy the consumer needs.
monitoring all deliveries daily scheduling of deliveries and pullout
Peter Drucker's "Key Results Areas" (KRAs):Customer SatisfactionInnovationInternal ProductivityResources (Human & Financial)Employee Attitude & PerformanceManagement Development & PerformanceSocial Responsibility
OR,ER, admession office , quality center
Key Result areaIn this phrase key means a vital, crucial element. Key Result Area refers to general areas of outputs or outcomes for which the departments role is responsible.in simple terms may be defined as primary responsibility of an individual ,the core area which each person is accountable
The key result area of an accountant includes the accurate recording and reporting of financial transactions, ensuring compliance with relevant regulations and standards. This involves preparing financial statements, managing budgets, and conducting audits to provide insights into the organization's financial health. Additionally, accountants play a critical role in tax planning and advising on financial strategies to enhance profitability and efficiency. Ultimately, their work supports informed decision-making and strategic planning within the organization.
A chartered accountant can work in a number of areas. Some of the very well paid areas include financial accounting, cost accounting, auditing, tax management, banking and consultancy.
Key Result areaIn this phrase key means a vital, crucial element. Key Result Area refers to general areas of outputs or outcomes for which the departments role is responsible.in simple terms may be defined as primary responsibility of an individual ,the core area which each person is accountable