What are the main functions of Finance division? Describe them in detail.?
482814
Cash flow management, negotiating for loans and advances, managing cash paymets, controlling expenditures, and many more. wanna know in detail contact me @ +92 333 6503341. I am a Finance Manager in a 5* hotel in Pakistan.
233403
Please read through these pages to get a thorough understanding on the fundamentals of accounting..\n\n\nhttp://www.futureaccountant.com/accounting-process/study-notes/\n\n\nhttp://www.futureaccountant.com/\nhttp://www.schoolingkids.com/
525805
Marketing management encompasses a wide variety of functions and activities, although the marketing department itself may be responsible for only a subset of these. If, for example, the finance department of a given company makes pricing decisions (for deals, proposals, contracts, etc.), that finance department has responsibility for an important component of marketing management -- pricing.\n\nRegardless of the organizational unit of the firm responsible for managing them, marketing management functions and activities include the following:\n\n\nMarketing research and analysis\n\nIn order to make fact-based decisions regarding marketing strategy and design effective, cost-efficient implementation programs, firms must possess a detailed, objective understanding of their own business and the market in which they operate. Traditionally, such analysis was structured into three areas: Customer analysis, company analysis, and competitor analysis (so-called "3Cs" analysis). More recently, it has become fashionable in some marketing circles to divide these further into five "Cs": Customer analysis, Company analysis, Collaborator analysis, Competitor analysis, and analysis of the industry Context.\n\nTo perform accurate analysis in these areas, marketers often find it necessary to invest in research and collect the data required to examine these issues objectively. As such, they often conduct market research (alternately marketing research) to obtain this information.\n\n\nMarketing strategy\n\nOnce the company has obtained an adequate understanding of the customer base and its own competitive position in the industry, marketing managers are able to make key strategic decisions designed to maximize the revenues and profits of the firm. The selected strategy may aim for any of a variety of strategic objectives, including optimizing short-term unit margins, revenue growth, market share, long-term profitability, or other goals.\n\nTo achieve the desired objective, marketers typically identify one or more target market segments which they intend to pursue. The company will then allocate more resources to aquire and retain customers in the target segment(s) relative to other (non-targeted) customers.\n\nAdditionally, marketing managers will identify the desired positioning they want the company, product, or brand to occupy in the customer's mind. This positioning is often an encapsulation of a key benefit the company's product or service offers that is differentiated and superior to the benefit offered by competitive products. For example, Volvo has traditionally positioned its products in order to be perceived as the leader in "safety" in the automobile market in North America.\n\n\nImplementation planning\n\nAfter the firm's strategic objectives have been identified, the target market selected, and the desired positioning for the company, product or brand has been determined, marketing managers focus on how to best implement the chosen strategy. Traditionally, this has involved implementation planning across the "4Ps" of marketing: Product management, Pricing, Place (i.e. sales and distribution channels), and Promotion.\n\nIn many cases, managers will develop a marketing plan to specify the key implementation intiatives that the company should pursue to execute the chosen strategy and achieve the specified marketing objective.\n\n\nProcess and project management\n\nOnce the key implementation initiatives have been identified, marketing managers work to oversee the execution of these projects. Typically, this involves designing and improving the effectiveness of core marketing processes, such as product development and pricing, along with the oversight and management of specific marketing projects, such as sales force management initiatives, channel marketing programs and the execution of public relations and advertising campaigns.\n\n\nOrganizational management and leadership\n\nMarketi
1094636
Sorry, need more information from your post. \n\nItemizing basic marketing functions depends on the marketing dept and industry you are in. \n\nTypically a marketing dept needs the following:\n1) Marketing Communications (design and Brand) - field marketing\n2) Interactive \n3) Analysis and Reporting\n4) Industry and Primary Research\n5) Direct Marketing and Lead Generation (optional)\n6) Business Development/Partnership marketing\n7) Event Marketing (optional)
332196
its the :\n- sales ledger + sales day book\n- purchase ledger + purchase day book\n- invoice\n- assets accounts\n- p/l a/c\n- balance sheet\n- vender account\n- bank book\n- cash book
614999
The department functions in accordance with the Rules of Executive business of the State of Meghalaya , framed under Clause 2 & 3 of Article 166 of the Constitution of India. The Administrative roles, powers and functions are also guided by the Meghalaya Secretariat Manual of Office procedure, the General Handbook of circulars, the Fundamental Rules, Subsidiary Rules 1984, and other Rules and Regulations adapted/enacted from time to time in the Government and such subordinate Legislations as may be relevant to the functioning of the Department, including the Delegation of Financial Power Rules 1981.
748935
It is talking about the design and use of the company's accounting system.\nThis system should be designed so that it provides all the necessary management information to help decision making.\nSales should be analysed so that meaningful information can be gained about which customers are buying which products.\nPurchases should be analysed so that departmental costs and profit/loss are available,, etc
170971
Learn About:\n\nStandard Deviation\nAsset Price Forecasting\n& Risk Mngt.\n\nIt will help you when you talk to professional money managers.
1182382
Management is the function of planning , organising, staffing, leading and controlling of an organization resources. Resources mainly consists of Money , Man and Material and the last one is impotant being the part of resources. Material management bring s efficiency and effectiveness and thus is important in todays globalisation , It reduces your cost and increase ultimately your profit and having so meand prosperity in business.
535195
Stock- It enables companies to raise money thru sharing equity and it enables the public to participate in the well being and management of a company.\n\nBond- It enables companies to raise money thru borrowing money and it enables the public to buy debt instruments at a better yield than US Government bonds.\n\nOption- It enables the buyer to participate in the price move of an underlying security for a smaller entry cost than buying the security itself. It enables the seller to generate slight income from an otherwise static position.\n\nFuture- It enables suppliers to lock in sales prices of commodities at some future date...turning a variable revenue into a fixed revenue. It enables buyers to lock in a price paid at some future date...turning a variable expense into a fixed expense.\n\nEssentially financial instruments enable the transfer of capital and risk to occur.
107457
Financial accountancy (or financial accounting) is the branch of accountancy concerned with the preparation of financial statements for external decision makers, such as stockholders, suppliers, banks and government agencies. The fundamental need for financial accounting is to reduce principal-agent problem by measuring and monitoring agents' performance.\n\nThe accounting equation (Assets = Liabilities + Owners' Equity) and financial statements are the main topics of financial accounting.\n\nA financial accountant must equal assets with liabilities and owner’s equity. The balance sheet (or the statement of financial position) is the financial statement that summarizes the assets, liabilities, and owners’ equity of the company.\n\nMergers and Acquisitions - M&A\nA general term used to refer to the consolidation of companies. A merger is a combination of two companies to form a new company, while an acquisition is the purchase of one company by another with no new company being formed.\n\nInvestopedia Says: An example of a major merger is the merging of JDS Fitel Inc and Uniphase Corp in 1999 to form JDS Uniphase. An example of a major acquisition is Manulife Financial Corporation's 2004 acquisition of John Hancock Financial Services Inc. \n\nThe term M&A also refers to the department at financial institutions that deals with mergers and acquisitions.\n\n\n\nhttp://www.answers.com/topic/mergers-and-acquisitions?method=22
46802
Financial restructuring is the process of analyzing an organization's current financial structure, and determining the best capital structure to meet current and future needs.
450954
Income statement: Shows how net revenue turns into the net income.\n\nBalance sheet: Shows assets and liabilities.\n\nCash flow statement: Shows incoming and outgoing money.
21742
The term finance may thus incorporate any of the following:\n\n1.The study of money and other assets \n2.The management and control of those assets \n3.Profiling and managing project risks \n4.As a verb, "to finance" is to provide funds for business.
292485
Finance studies and addresses the ways in which individuals, businesses and organizations raise, allocate and use monetary resources over time, taking into account the risks entailed in their projects. The term finance may thus incorporate any of the following:\n\nThe study of money and other assets \nThe management and control of those assets \nProfiling and managing project risks \nAs a verb, "to finance" is to provide funds for business.
703515
G'day Usman,\n\nThank you for your question.\n\nMobile finances.\n\nRegards
126146
net income\ncash flow\nquick ratio\nshareholders or owners equity\nrevenues\naudited statement vs. compilation\ndisclosures\nnotes to financial statements\nany warnings in auditors letter re: going concern or other potential problems