Main activities in the financial system

Eight core activities form the operating framework of the financial system and enable effective financial management while ensuring transparency and compliance. Activity Description Accounting management Recording transactions and preparing journal entries and financial statements Budget management Preparing budgets, monitoring performance, and adjusting plans Cash flow management Tracking flows, managing liquidity, and planning cash Asset management Valuing and monitoring assets and making investment decisions Accounts receivable and payable management Tracking invoices from customers and payments to suppliers Financial risk management Identifying risks, hedging, and impact analysis Compliance and auditing Adhering to standards and conducting internal and external audits Report preparation and analysis Collecting and analyzing data and presenting it to management and investors