This report delves into the intricacies of financial decision-making within organizations, emphasizing the roles of accounting and finance departments. It examines the importance of these functions, detailing revenue and cost tracking, accounts receivable and payable management, payroll management, and financial reporting. The report analyzes the financial performance of Alpha Limited, a manufacturing company, using various financial ratios such as liquidity, profitability, and efficiency ratios, and interprets the results. The report also explores the investment, dividend, financing, and working capital functions of the finance department, highlighting their significance in achieving organizational goals. Furthermore, the report discusses the structure of financial statements, including income statements, balance sheets, and cash flow statements, and their roles in providing a comprehensive view of a company's financial health. The report concludes by providing a detailed analysis of financial ratios, offering insights into the company's efficiency and profitability, and providing a summary of the financial performance of Alpha Limited.