Use Ridgley, cooper, and ross as examples. RCR employees need to have a solid foundation in financial management to succeed in the accounting industry.
In order for the "organization to have the necessary resources to carry out its objective as adequately as possible," which is frequently defined as increasing the value of the company for stockholders, financial management is the part of business that deals with profitability, expenses, cash, and credit.
Financial managers typically monitor an organization's financial situation and work to ensure its long-term viability. They oversee crucial tasks like managing expenses, assessing profitability, keeping tabs on cash flow, and produce and sell financial data.
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