Financial affairs play very important roles in all aspects of company management.

The financial officers generally have four major responsibilities.

They're all carried out at the basis of careful financial analysis.

To put it more specifically, the four responsibilities are organizing, coordinating¹, executeing and measuring.

In many companies, all the functions fall on the responsibility of the chief financial officer.

They should be responsible for planning and carrying out the financial policies of the company.

I'm not quite familiar with the financial terms.

It deals with the everyday income and expenditure² of the company.

The customers pay each month for the goods supplied the previous month.

The credit control system ensures that the monthly limit isn't exceeded.

What shall we do if customers don't pay?

For large sum we take legal steps to recover the money.

Your department looks after this.

The management accounting³ is concerned with supplying information to management.

We only accept payment by L/C for large orders.

They wouldn't accept other payment terms this time.

Most banks require companies to submit financial statements before they extend credit.

The statement is prepared under the direction of our controller who is a CPA.

We need a detailed⁴ financial report before Friday.

CPA refers to the accountants who have passed a qualifying licensing⁵ examination.

上一篇：公司竞争 下一篇：存款和取款