30. The organizational structure of financial management in the company / objectives and main stages of mergers and acquisitions.

Depending upon a company's needs, there are several organizational structures that can be used. Some common examples include the flat organizational structure, the functional organizational structure, the product organizational structure, and the geographical organizational structure.

Flat Organizational Structure - Typically, small companies with 20 or fewer employees will use a flat organizational structure that has very few levels of management between the chief executive officer (CEO), or president of a company, and the lower-level employees.

Functional Organizational Structure - A second type of organization structure is the functional organizational structure, which focuses on job functions or functional areas.

Product Organizational Structure - A third common type of organizational structure, the product organizational structure, is organized based upon a company's product lines.

A functional structure organizes your business by departments, with finance one of these. Although finance will be only one of your departments, financial management occurs throughout all of your departments to ensure your company’s profitability.

Corporate Structure. While there are a variety of ways to organize a business, most small businesses use the functional model, creating departments for human resources, marketing, finance, information technology, sales and production. As businesses grow larger, they might create a C-suite, or group of executives who oversee strategic planning for the corporation, rather than a specific function. The term C-suite comes from the titles of these executives, which include chief executive officer, chief financial officer and chief operating officer.

Finance Department. A finance department might evolve from a single bookkeeper who works with outsourced payroll, tax and benefits professionals, eventually bringing those functions in house. As the company grows, the finance department becomes involved in creating strategic plans, such as cost-containment initiatives, debt-service planning and the profit model of the company. The finance department works with each department to help create budgets and to monitor and track their performance. Small Business > Managing Employees > Managers. Financial management requires departments to work within a corporate strategy.

Financial Management. Although the finance department might align with other departments on an organization chart, it often interacts with each, reviewing annual budgets they submit, recommending them or amending them for approval by executive management or a company owner. The finance department manages a business’s finance by creating an annual corporate budget, performing budget variance analyses, managing cash flow, handling debt, preparing balance sheets and profit-and-loss statements, maintaining credit and working capital, overseeing investment and tax strategies and maintaining legal compliance.

Authority. While a finance manager might not have the authority to approve or cut another manager’s budget, he often reviews their budgets. The finance manager might work with various departments to help them find cost savings or recommend that they be given a bigger budget, based on the company’s overall performance. In some instances