Any manufacturing space or
company includes a host of working departments that function to meet the
day-to-day goals effectively. While all the departments are segregated based on
service, they are united by a linking thread called the Accounting and Finance
department. This department deals with the company’s finance and is divided
into two major sub-categories: Financial Reporting and Management Reporting.
While both the types of
Reporting are highly significant to manufacturing space, Financial Reporting is
of utmost importance as it is what records the daily workings for diverse
stakeholders in an organization. This is concerned with exposing important information
to stakeholders about the company’s overall financial performance and its
position in the market. If you want to know more about this business
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