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Why would management want a financial statement?
-to know whether/not you can pay fees
Why would you want a report for investors?
-to know what theyâre investing in
-follow rules of the SEC
Budgeting Applications aka âfinancial planâ
Functional Systems = ISOLATED; solution = cross-purpose, integrated systems
Transition from functional to integrate is difficult becauseâ¦
-departments need to coordinate activities
-expensive
Cash management?
-deals with cash payments, receipts, and planningâcash flows
-cash needs vs...
        
        
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Why would management want a financial statement?
-to know whether/not you can pay fees
Why would you want a report for investors?
-to know what theyâre investing in
-follow rules of the SEC
Budgeting Applications aka âfinancial planâ
Functional Systems = ISOLATED; solution = cross-purpose, integrated systems
Transition from functional to integrate is difficult becauseâ¦
-departments need to coordinate activities
-expensive
Cash management?
-deals with cash payments, receipts, and planningâcash flows
-cash needs vs...
        
        
            Essay fragment
        
    
                
            General points of the essay
            
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