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The Finance Department

The Finance Department. Statistics & Risk Management. Finance Management. The CFO is primarily responsible for managing and growing an organization’s assets Finance Department Accounting Department . Primary Goals. Gather Raw Data Process Statistics Present Findings .

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The Finance Department

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  1. The Finance Department Statistics & Risk Management

  2. Finance Management • The CFO is primarily responsible for managing and growing an organization’s assets • Finance Department • Accounting Department

  3. Primary Goals Gather Raw Data Process Statistics Present Findings

  4. Who is Interested? Executives and Management Stockholders Lenders Taxing Bodies Governmental Agencies What do you think each of these groups would be interested in?

  5. Interested in What? Industry Trends Past Sales/Profits (Losses) Assets (Including Cash) Liabilities Innovations and Projections What do you think is the most important area to analyze?

  6. Truth, Nothing But the Truth. A loss in trust is hard to recover from. Customers want to buy from successful, honest firms. Supplier-Partners want to service reliable, honest firms. Why do you think that is true?

  7. Rules in Business Finance Those who need financing the most will have the most difficult time acquiring financing. Lenders already in for a “penny” will probably lend a “pound”. Too Big to Fail………………..

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