Financial Information plays a salient role on the path to achieving the goals of an organization. In any industry, whether manufacturing or service, there are multiple departments, which function day in day out to achieve organizational goals.
The functioning of these departments may or may not be interdependent, but at the end they all have one important role to play – Accounting for assignments entrusted on their departments. The accounting & financial aspects of each and every department are recorded and are reported to various stakeholders.
There are two major of financial reports – Financial reports for various stakeholders & Management Reports for internal Management of an organization. Both reports are important and forms an integral part of Accounting & reporting system of an organization. At Foldav Global, Organizational productivity, Analysis, measurement and benchmarking, and decision making are integral part of our role as advisors in the area of Financial and Accounting advisory services. Foldav Global plays the important role of proffering quick and strategic routes to achieving the major essence of management accounting