Financial and Asset Management: Techniques for Performance Improvement

Financial and Asset Management 1
Financial and Asset Management

Financial and Asset Management 2
Introduction
The main aim of this report is to carry out the financial and asset management with including the
theories, principles and methodologies of accounting and the financial management so that the
business problems can be resolved and performance can be boosted in successful manner. With
reference to this financial analysis, Oman Cement Company has been elected for using the
financial methods applications and business can be controlled in considerable manner. In
addition to this, the budgetary techniques have been examined and investigated for the purpose
of measuring performance of business. This report also covers the cost volume profit analysis
techniques through which the changes in cost and volume, the impact can be overseen on the
operating income. Moreover, cost control and earned value techniques have also been applied
over the chosen business in order to assessing the performance of construction business.

Financial and Asset Management 3
Background information about Oman Cement Company
The Oman Cement company has been operating since 1983 and it is committed towards the
development of construction industry and it has also given the strengths to the construction
industry into a new shape (OCC 2018). This construction company is situated in Oman. The
Oman Cement Company is in commission of construction industry and it is also certified with
the ISO: 9001 because its core values are customer satisfaction and adorable quality of buildings
and construction projects. The Oman Cement Company is the pioneer in the realm of innovative,
creative technology integration in beautiful designing and architecting of infrastructure in global
market. The Oman Cement Company has generated the profit for the year 2017 as Omani Rial
9,591,853 (OCC 2017).