Why procurement should not report to finance Operational efficiency, Procurement and finance are separate functions within an organization, each with its own distinct objectives and responsibilities. While it is common for procurement and finance departments to collaborate closely, there are valid reasons why procurement should not directly report to finance. Here are a few… Read More »
Project finance reporting Project finance reporting is generally carried out by multiple stakeholders who are involved in the project. Here are some key entities that may be responsible for project finance reporting: 1.Project Sponsors: Project sponsors are the entities or individuals who initiate and oversee the project. They are often responsible for providing updates… Read More »
Company profitability from balance sheet While a company’s balance sheet provides useful information about its financial position, it may not provide a direct indication of profitability. To determine a company profitability, one should look at its income statement, which shows revenue, expenses, and net income. To visit https://www.gst.gov.in/ However, the balance sheet can provide some… Read More »
