Everything all around finances

All activities were understood in the past in the economics by finances ' all around figures '.

The calculation also belonged beside the accounting and the annual accounts derived from it to it. Regularly the finance economy is also covered.

The financial accounting books processes which are necessary to the balance and profit and loss calculation.

The annual accounts are the computational end of a business business year. He ascertains the financial position and the success of an enterprise and contains the end of the accounting, the arrangement of documents for the calculation lapping as well as their check, confirmation and publication. At the enterprises which are defeated by the duty to the accounting the main parts of the annual accounts are the balance and the profit and loss calculation, if necessary complements around the appendix and the position report. Small businessman and independent professions put up an income profit calculation.

One understands by calculation generally a calculation, especially in the business area. In the accountancy serves the calculation

- the inquiry of the unit cost of a product, service or one
Of semi-manufacture

- the inquiry of the production costs of a product per period

- the inquiry of gross retail price and net retail price depending on distribution canal and customer discount
group.

The finance economy is a part of the economic commercial process and subdivides itself into investment, financing and risk management. She deals with the financial dimension of an enterprise in particular in which way enterprise Geldkapital procures and for which projects it uses these means. The procurement of monetary capital is also called financing, while the middle use shows an investment for projects.This area of the business administration deals with the Optimalität of projects and their assessment or the assessment of whole enterprises. This contain the assessment of company capital and outside capital as well as their hybrid forms and the answer of the question, why certain instruments are used for the financing.

In the 1950s the Controlling developed in the USA from the company accounting and parts of the financial accounting. Germany followed this development about 20 years later. The Controlling was responsible for the areas of Planning and control.

About ten years later the Treasury split off from the rests of the financial accounting / accountancy.

A younger development is the post of the Chief Financial Officers which is responsible for all areas of the finance being as well as the consultation of the Chief Executive Officer in finance questions.