Financial Decision Making

FINANCIAL
DECISION MAKING

EXECUTIVE SUMMARY
The project report outlines the collective activities of all forms of corporate units in the
accounting and finance divisions. In addition to allowing best use of resources financial capital,
each division is critical. A corporation does not envision living for longer stretches in the lack of
both roles. Although the second section of the study summarizes that Skanska plc's fiscal
stability has been decreased in 2019 relative to 2018. That's because of poor control of the
financial capital and operations accessible.

Contents
EXECUTIVE SUMMARY.................................................................................................................................2
INTRODUCTION...........................................................................................................................................4
MAIN BODY.................................................................................................................................................4
Task 1......................................................................................................................................................4
Task 2......................................................................................................................................................7
CONCLUSION.............................................................................................................................................11
REFERENCES..............................................................................................................................................12

INTRODUCTION
Financial decision-making can be classified as a form of process or strategy wherein the
disposition of assets, debts, inventory and many others can be determined on the financial part of
the business (Gamble, Boyle and Bennett, 2015). This really is important for enterprises to make
correct financial choices so that they can support themselves in a global marketplace. The study
is based on a corporation called Skanska plc. This business is headquartered in the United
Kingdom and works in the form of building ventures. This corporation was launched in 1984 and
aims to improve its activities in the next ten years in many other European nations.
MAIN BODY
Task 1
Accounting and Finance Department: Both the accounting & financial departments are
connected to one another in every type of trade. This is how the accounting department is tied to
the compilation, review and documentation of financial statements in business books. This is one
of the key procedures that each corporate organization has to obey. In company resources, any
type of error will lead to a number of problems and uncertainty. Another main feature of the
finance department is the recognition of which kinds of company activities have to be reported
and what is not.
The Department of Finance can be interpreted as a type of organization connected to the
planning at the end of the fiscal years of different kinds of financial reports (Petersen, Kushwaha
and Kumar, 2015). During a given accounting cycle, this committee is known for learning about
the firm's earnings wellbeing. Via the previous paragraph accounting department, this
department maintains numerous forms of main financial data and this unit documents data in a
structured way and can be used to file financial reports.
Role of accounting and finance department for Skanska plc: The two divisions referred to it
above play a crucial role from the above market aspect. The accounting department is valuable
for tracking all monetary-related operations, such as land transactions, construction costs and