The accounting and finance department is at the centre of any organization and is responsible for ensuring the efficient financial management and financial controls necessary to support all business activities. It is the lifeblood of all organizations and the common denominator by which most business performance is measured both internally and externally. A good finance director needs to understand every aspect of a business so that s/he can develop a financial strategy that will support the business goals. Likewise, as a non-financial manager, it will help you become more effective in your own role if you have an understanding of the various roles of your organization’s accounting and finance department.