The document outlines the functions of finance departments, including recording transactions and preparing financial accounts. It explains the reasons businesses require finance, such as starting up, expansion, and working capital needs. Additionally, it distinguishes between internal finance, sourced from within the business, and external finance, sourced from outside the business.

1. Business Finance:
needs and sources
Mudassir Raza

2. What do Finance departments do?
Recording all financial transactions
Preparing final accounts
Producing accounting information for managers
Forecasting cashflows
Making important financial decisions

3. Why Business Need Finance?
Starting up a business
Expansion of an existing business
Additional working capital

5. Sources of Finance
INTERNAL FINANCE
It is obtained from within the
business itself
EXTERNAL FINANCE
It is obtained from sources outside
of and separate from the business.

11. Thank You