Role of Finance Function in an Organisation PDF | Download Finance Function Guide
Justyna Wachulka-Chan
- March 30, 2026
- 2 minutes read
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PDF Summary
This document discusses the evolving role of the finance function within organizations. Here are the main points:
- The Roles of Finance – The finance function plays a key role in enabling, shaping, and narrating value creation through planning, forecasting, resource allocation, performance management, and corporate reporting.
- The Impact of Change – Organizations operate in fast-changing environments due to competition, technological advancements, and shifting customer expectations. These changes present both risks and opportunities for finance.
Finance Within Business Functions – Finance is one of the main organizational functions alongside operations, sales and marketing, HR, and IT. It manages financial resources and supports decision-making.
Ethics in Finance – Ethical practices underpin value creation and are essential to financial integrity. Professional accountants must follow ethical guidelines, including integrity, objectivity, competence, confidentiality, and professional behavior.
Corporate Governance – Strong governance ensures organizations are managed effectively while minimizing risk. It helps businesses maintain sustainable wealth creation and comply with regulatory standards.
Corporate Social Responsibility (CSR) – Businesses should consider the interests of all stakeholders, not just shareholders. Ethical business practices help attract customers, employees, and business partners while improving long-term profitability.
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About the Author
Justyna Wachulka-Chan
Justyna Wachulka-Chan is a CIMA-qualified finance professional with over 20 years of experience in accounting and finance, including roles at KPMG. She founded Practice Tests Academy in 2016, helping 35,000+ CIMA and ACCA students pass their exams through structured practice questions and mock exam resources.
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