Functioning Of A

Commercial Organisation
 FINANCE

Finance
Manager

Financial
Planning

Portfolio Credit Cash

Management Management Management
ACCOUNTS

Accounts
Manager

Financial
Accounting

Cost Internal
Taxation Budgeting Taxation
Account Auditing
 Financial Planning: It estimates the total financial needs of the firm keeping in mind both short term
and long term requirements.
Sources Of Funds: The department decides the capital structure of the firm after estimating the capital
requirement.
Investments Of Funds: The department decides judicious investments in fixed and current assets.
Dividend Policy: The profits of the business may be distributed as dividend among shareholders and
retained for further investment in business.
Miscellaneous Functions: The department performs several functions like analysing the companys
financial statements, supplying necessary information to investors and government agencies , assisting
top management in the valuation of proposal for takeovers and mergers, etc.