This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 1st Function To Prepare the Budget It is duty of finance department of company to make the budget before actual providing money to any department. It will be helpful to fulfill each department with minimum cost. Finance department can take the past records from respective department. It will be useful for making better budget. 2nd Financial Management In this function finance department gets money from capital market at very low risk and cost. Finance department analyzes all the resources of funds and create a good financial structure of company. In this structure, finance department analyze whether it will decrease the overall cost of capital on Average basis or not. 3nd Management of Investments of Company After making financial structure, finance department invests debenture holders and shareholders money in best projects for getting...
View Full Document
This note was uploaded on 10/19/2011 for the course FINANCE 302 taught by Professor Staff during the Fall '10 term at East West University, Chicago.
- Fall '10