This report, prepared for Skanska PLC, critically evaluates the significance of accounting and finance functions within the company. It begins with an introduction to financial decision-making and its importance in business operations. The main body delves into the roles and responsibilities of accounting and finance functions, including systematic record-keeping, communication of financial results, compliance with laws, and ensuring efficient resource management. The report then moves on to a financial analysis of Skanska PLC, calculating key ratios such as Return on Capital Employed (ROCE), Net Profit Margin (NPM), Current Ratio, and Average Receivable Days, and Average Payable Days for the years 2018 and 2019. The analysis includes graphical representations and commentary on Skanska PLC's financial performance, highlighting trends and providing insights into areas for improvement. The report concludes by summarizing the key findings and emphasizing the importance of effective financial management for the company's success. This report is available on Desklib, a platform providing AI-based study tools.