Finance Analysis - Internet Article - Summary - David Trejo

Finance Analysis - Internet Article - Summary - David Trejo...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Finance Analysis 1 Running Head: FINANCE ANALYSIS – INTERNET ARTICLE - SUMMARY Finance Analysis – Internet Article - Summary David Trejo December 3, 2009 FIN370/University of Phoenix Instructor: Niki Silver
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Finance Analysis 2 Finance Analysis – Internet Article Summary This summary report was taken from an anonymous writer whose writing (the article) was printed in the May 2009 CPA Journal. The article holds that slowness and lack of flexibility puts a hamper on corporate finance departments. In today’s fast-paced business environment, a slow reacting and inflexible organization might put itself in jeopardy of being outpaced by the competition. The article states that two-thirds of the companies studied “are not highly adaptive in their financial planning processes” (Anonymous, 2008). A survey of 340 professionals in the finance field discovered that the lack of speed and flexibility in an organization causes the finance departments to be painful, slow, and inaccurate at forecasting, budgeting, and reporting (Anonymous, 2008). Of those financial professionals
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

Finance Analysis - Internet Article - Summary - David Trejo...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online