Discuss Finance & Accounting

Follow these five steps to add your inputs to this page

  1. Log in or Request a log in
  2. Click the comments to the section you would like to edit.
  3. Navigate to the text you want to edit and insert an empty line.
  4. Please conclude your edit by inserting ~~~~ at the end of your comments.
  5. Click the save changes button.

For more information about working with wikis navigate to our comments/authoring page: Help:Talk


We recognize 4 types of Finance & Accounting processes:

  • Recording transactions - These are mostly transacted following business activities: e.g. generating an invoice resulting in a financial booking in accounts receivables.
  • Recording journal entries for accounting purposes - These are driven by consolidation and closing activities: E.g. Monthly valuation of stocks.
  • Reporting - the consolidation of financial information for the purpose of financial analysis and management reporting
  • Auditing - the validating of accuracy of information for the purpose of error correction and fraud prevention.

Additionally we recognize the need for financial planning:

  • Budgetting
  • Cashflow planning

Please add further process groupings or add definition to the existing


We are looking for metrics that define Finance & Accounting performance.

Key question here is what the key metrics are to measure the company's financial performance. Many key numbers are recognized from a stock valuation perspective, but how about internal indicators for financial performance? Are they the same or different or?