The term “finance” covers all sub-areas that deal with the topic of finance.
There is a distinction between public and private finance. Public finance, also known as finance, deals with government budgetary regulations.
What do the individual sub-areas of finance do?
All sub-areas provide a complete picture of finance. Each sub-area has its own function and task.
Finance: Deals with the topic of how a company makes money and then uses it to make money again.
Liquidity protection: Ensuring the availability of sufficient funds.
Controlling: Coordination and control concept that checks the target orientation of processes and is intended to ensure their effectiveness.
Treasury: People can build collateral here to mitigate financial risks in the event of a crisis.
Accounting: Systematic monitoring and recording of all cash and service flows.