CIMA E1 Syllabus A. Role of the finance function - Roles Of The Finance Function Of An Organisation - Notes ^{4 / 4}

The Finance Function

plays three key roles in how an organisation creates and preserves value

The 3 key roles are:

• Enabling an organisation to create and preserve value through:

  - planning, 
  - forecasting and 
  - resource allocation.

• Shaping how an organisation creates and preserves value through:

  - Performance management and
  - Control

• Narrates how an organisation creates and preserves value through

  - Financial (Corporate) Reporting. Preparing statutory reports helps a business to inform the investors how profitable the business is.