Corporate Finance & Accounting is broadly defined as financial matters concerning a corporation. The Finance and Accounting departments of a corporation is not directly involved with the production of the firm’s products or services, but rather with managing the capital associated with delivering the product and/or service. Corporate finance and accounting professionals are responsible for managing a business's money-forecasting where it will come from, knowing where it is, and helping its managers decide how to spend it in ways that will ensure the greatest return. They look for ways to free up capital, increase profitability, and decrease expenses. If any department wants to make a big expenditure, it's usually got to be run by the folks in finance first to ensure that the company is in a position to makes the investment. They'll look at the best growth path for the company, whether that's through acquiring other companies or re-investing in the business to expand internally.
A typical Finance Department is led by the Chief Financial Officer (CFO) of the organization, and typically has three main groups:
A career in corporate finance means you would work for a company to help it find money to run the business, grow the business, make acquisitions, plan for its financial future and manage any cash and other assets.
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