Role of Accounting and Finance in an Organization

Financial Decision Making

Contents
INTRODUCTION...........................................................................................................................................3
TASK 1..........................................................................................................................................................3
Description of role of accounting and finance in an organisation by suitable examples..........................3
TASK 2..........................................................................................................................................................6
Calculation of the ratios to analyze company performance:....................................................................6
Interpretation and analysis of financial ratios:.........................................................................................7
CONCLUSION.............................................................................................................................................10
REFERENCES..............................................................................................................................................12

INTRODUCTION
The phrase "financial decision-making" can be characterized as a procedure of making
choices about overall shareholders, obligations and other economic transactions within a limited
company. It is fundamentally necessary for firms to produce financial decisions efficiently as any
incorrect decisions will influence growth of the business (Alziyadat and Ahmed, 2019). In fact,
on the grounds of careful review of financial reports, companies make economic choices. The
assignment report is divided into two sections where the first assignment outlines the function of
company accounting and financing. While the second task is to measure and interpret provided
Alpha Limited business information. Selfridges firm is also managed to obtain mission one.
Situated in London UK, this company that specializes in the distribution of fashion and beauty
items for men and women.
TASK 1.
Description of role of accounting and finance in an organisation by suitable examples.
Organization overview: Camden Ltd is a United kingdom-based organization that was founded
by Patrick Lavery and Camden in 1983 and is planned for longevity, maximum effect on quality
and, of necessity, energy and security. They have made investments in uPVC recycling, and are
an eco sustainable enterprise. Our first inline position system repurposed by 80 per cent can be
built for us. It ensures that they can get the maximum bid when any doors and windows are from
Camden, and help us build the best performance.
Importance of finance and accounting department
The Finance department offers the corporate strategy with information in making
business choices including the sectors or ventures to undertake, payback times for major
infrastructure acquisitions, and decisions about what can be paid as dividends out from the
company's profits and where to replant into another enterprise (Bauer, 2016).
It is critical that Camden Ltd's accounting department focuses on strategic plan of the
organization. Details available accounting is highly important for the management or making
available of an agency. The supervisors cannot consent to follow up their position with concrete
details. This has to be centered on concrete facts and statistics to come to a conclusion. Data is