10.2. Traditional Finance
The financial organization is charged with many of the traditional functions you normally think of in association with finance. These include general accounting, revenue recognition, financial consolidation, and external reporting.
Other controls that fall under the finance umbrella include cash management and disbursements, including payroll and treasury management. Treasury management is critical to a solid foundation for company growth. Among the key treasury management responsibilities are designing the company's capital structure by balancing corporate debt with stock issuance and share repurchases. Treasury management also helps manage risk for the company in areas such as foreign currency risk management, and ...
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