Finance

Finance
Finance

Regardless of which sector they operate in, financial management and risk management are the most important issues for all enterprises. The objectives of a proper financial management are to determine the areas in which the entity will invest, to determine the amount of funds to be invested in assets and to decide from which sources the funds will be provided.

When financial management is carried out in line with these objectives, it is expected that the profit will be maximized, if the company is publicly traded and traded on the stock exchange, it will provide earnings to shareholders and increase the market value of the enterprise.

The factors that affect financial management are competition, communication, changes in the economic policies of the state, the development of markets, growth of the enterprise and the increasing importance of some sectors.

In short, finance is the material resources used by enterprises such as capital, money and funds. Financing is the availability of these resources. The most important point here is to make the right investment decisions. The goal of finance managers is to conduct the necessary analyzes and assessments meticulously and to minimize possible risks.

At this point, risk management comes to the forefront. Risk management is the efforts to identify, evaluate and evaluate the risks that may arise in the course of the activities of the enterprises and to take measures to reduce or eliminate their effects.

Such a study requires that tests, measurements, analyzes and evaluations related to the production issues of the enterprises should be carried out by competent and experienced engineers and technicians using the latest technology and methods in authorized laboratories.

However, these services and reports issued by laboratories accredited by national and international accreditation bodies are of value. It is necessary to make the right laboratory selection in order to make the right decision strategically and not to have problems in the official audits.

Laboratories operate in compliance with the current legal regulations and standards developed by national and international organizations. In addition, TS EN ISO / IEC 17025 Calibration and Test Laboratories in accordance with the Basic Requirements Standard.