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Employees in the finance
department may interpret financial data for the senior and middle
mangers to ensure that decision making is based on the most up to date
information available. They also provide financial information about
the company to important external bodies. Accountants analyse the cost
incurred by the business and compute standard costs associated with
various aspects of the firms activity...
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The financial function is vital
to the wellbeing of all organisations. The consequences of failure of
the financial function to carry out its duties efficiently are
significant and potentially disastrous. Accurate financial information
is essential in allowing an organisation to maximise profits, achieve
sustained growth, maximise revenue from sales and meet other business
objectives...
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