logo

FINANCIAL DECISION MAKING.

   

Added on  2022-11-17

20 Pages3748 Words1 Views
Financial
Decision Making

FINANCIAL DECISION MAKING 1
Executive summary
The main aim of this report is to understand the concept of financial analysis. The report is
classifies in two parts. In the first part, the functions of financial and accounting department
of Bestway Group has been discussed. It has been analysed that the function of financial and
accounting department is effective. In the second part, the discussion is made on the financial
ratio of Alpha Limited. As per the analysis, it is observed that Camden Limited cannot
provide the loan to the company as its financial position is not good.

FINANCIAL DECISION MAKING 2
Contents
Task 1.........................................................................................................................................2
Overview of the organisation.................................................................................................2
Importance of Finance and Accounting department..............................................................2
Accounting department.......................................................................................................2
Finance department:............................................................................................................2
Task 2.........................................................................................................................................2
Financial ratios.......................................................................................................................3
Conclusion..................................................................................................................................3
References..................................................................................................................................4

FINANCIAL DECISION MAKING 3
Introduction
Financial analysis is the process of evaluating the financial position of the organisation by
evaluating business, projects, and the other finance-related entities. In this report, the two
tasks have been done on the basis of financial analysis. In the first task, the discussion is
made on the functions of accounting and finance department of Bestway Group. In the
second task, financial ratio will be evaluated in order to analyse the financial position of
Alpha Limited.
Task 1
Overview of the organisation
Bestway Group is a British Multinational Conglomerate Company which is operated in
London, United Kingdom. It is also owned the UK second largest Wholesaler serving 125000
independent retailers and caterers from 64 warehouses nationwide (Bestway Group, 2018a).
It also runs the third largest pharmacy chain in UK which is based in Manchester. In the
country of Pakistan, it is the largest shareholder of United Bank while its subsidiary company
with name of Bestway Cement is the largest cement maker in Pakistan with a total capacity of
more than 8 million tons per annum. The company operated in three businesses such as
Pharmacy, Cement, and Banking (Bestway Group, 2018b).
Importance of Finance and Accounting department
Accounting department
Accounting department is the part of the company as it prepare the financial statements,
maintaining the general ledgers, paying bills, billing customers, financial analysis, and the
others.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Financial Decision Making: Accounting and Finance Functions of Alpha Ltd
|14
|4016
|473

Financial Decision Making: Role of Accounting and Finance in Managing Company's Financial Activities
|13
|3549
|93

Financial Decision Making Report for ALPHA Limited
|12
|4224
|158

Importance of Accounting and Financial Function in Skanska PLC
|12
|3476
|453

Financial Decision Making: Understanding Accounting and Finance Departments and Calculating Ratios for Alpha Ltd
|14
|4021
|252

(PDF) Financial Decision Making Assessment
|12
|3748
|104