Understanding an organization’s finances is essential for decision-making. Key areas include:
Financial Statements & Metrics – P&L, balance sheet, cash flow, and KPIs.
Budgeting & Forecasting – Allocating funds, predicting trends, and adjusting plans.
Revenue & Cost Management – Understanding income sources, expenses, and profitability.
Financial Health & Sustainability – Monitoring debt, investments, and long-term viability.
Transparency & Reporting – Compliance, communication, and alignment with business strategy.
Data-Driven Decisions – Using financial insights to drive growth and efficiency.
A solid grasp of these aspects helps in making informed financial decisions.
