These are 2 things mentioned in Tarmac’s finance function

2. Sound financial management is the cornerstone of a healthy business. It's

about carefully planning, budgeting, and controlling a company's financial
resources. By doing this, businesses can ensure they have the necessary
funds for operations and future plans. Imagine financial management as the
compass guiding a ship; it steers (lái) the business in the right financial
direction.
Lisa said - “without money coming in, the company cannot run properly.”

3. Financial reporting provides a clear picture of a company's financial health.

It entails gathering, analyzing, and reporting data through income statements,
balance sheets, and cash flow statements. This information is crucial for
investors, creditors, and other stakeholders who need to make informed
decisions about the business.

When all parts of business use the same reporting standards, it’s easier to get
a clear picture of the company's overall financial health. Vietnamese ... .
Similarly, consistent reporting ensures everyone, from operators to the
financial controller, speaks the same “financial language”. This allows for
better decision-making and accurate performance analysis, as managers can
confidently compare information across different departments. Furthermore, it
can also help to identify potential problems early, so that they can be
addressed before they worsen.

5. Tarmac's financial practices directly contribute to the company's financial

health and success in a few ways
At Tarmac, they take financial management and reporting very seriously.
These practices contribute directly to company's success in a few ways:

Improved Cash Flow. Informed Decision-Making

Reduced Risk. Improved Efficiency

6. In short, finance is essential for the success of any business. By managing

their finances soundly and reporting accurately, businesses can ensure that
they have the needful resources to achieve their goals. Financial management
is a complex but essential function that helps businesses like Tarmac to grow
and prosper.
In short, sound financial management and reporting are the foundation of any
successful business.
Tarmac shows how these functions contribute to its success. From ensuring
smooth cash flow to making informed decisions, the finance team plays a vital
role in steering the company towards its goals.
As Simon mentioned, the "co-operative spirit" at Tarmac extends to its
financial management, making it a great example for other businesses to
learn from.
To continue, We'll delve into (đi sâu vào) the finance functions at Tarmac and how

they contribute to a company's overall success.

These are 2 things mentioned in Tarmac’s finance function

2. Sound financial management is the cornerstone of a healthy business. It's

about carefully planning, budgeting, and controlling a company's financial
resources. By doing this, businesses can ensure they have the necessary
funds for operations and future plans. Imagine financial management as the
compass guiding a ship; it steers (lái) the business in the right financial
direction.
Lisa said - “without money coming in, the company cannot run properly.”

3. Financial reporting provides a clear picture of a company's financial health.

It entails gathering, analyzing, and reporting data through income statements,
balance sheets, and cash flow statements. This information is crucial for
investors, creditors, and other stakeholders who need to make informed
decisions about the business.

In the company, when all parts use the same reporting standards, it’s easier to
get a clear picture of the company's overall financial health. Vietnamese ... .
Similarly, consistent reporting ensures everyone, from operators to the
financial controller, speaks the same “financial language”. This allows for
better decision-making and accurate performance analysis, as managers can
confidently compare information across different departments. Furthermore, it
can also help to identify potential problems early, so that they can be
addressed before they worsen.

4. In short, sound financial management and reporting are the foundation of

any successful business.
Tarmac shows how these functions contribute to its success. From ensuring
smooth cash flow to making informed decisions, the finance team plays a vital
role in steering the company towards its goals.
As Simon mentioned, the "co-operative spirit" at Tarmac extends to its
financial management, making it a great example for other businesses to
learn from.