FINANCE

 

1. Finance – money management processes, i.e. providing, use and return of money
 - Economic operation
 - Material accounting (entry, management and monitoring of inventories and their adjustment in order to have correct balance).
 - Incomes and expenditures 
 -  Receivables
 -  Liabilities
 -  Profit

2. Company’s financial goals
The company’s financial goals are as follows:
 maximizing profits (cost-effectiveness) and maintaining a satisfactory level of current liquidity.

3. Fund management
       - Fund analysis and planning (annual plan of costs and revenues)
      -  Organization of tasks,
      - Records and
      – Control

4. Costs
A) Costs are expenditures of assets and labour expressed in money being an integral part of effect cost price - Fixed costs, variable and total costs.
- Cost systems (linking costs with certain activities)
- Cost price
B) Cost objects    
 - Activities, Products or Services

5. Projects
- Assistance in drafting project proposals (from financial aspect), economic viability of project proposals.
    - Realization of projects, monitoring of initiated projects, cost control and adjustment, monthly balance sheet breakdown.