“APPLICATION OF FORMATION TECHNOLOGY IN

FINANCE”

PRESENTED BY;
ROHIT SHARMA
DEFINITIONS
 “Information Technology is the use of hardware,
software, services, and supporting infrastructure to
manage and deliver information.”
 “Informatics is the scientific field that deals with
biomedical information, data and knowledge - their
storage, retrieval and optimal use for problem-solving
and decision-making.”
 “Knowledge Management is the collection of processes
that govern the creation, dissemination, and utilization
of knowledge”
APPLICATIONS
 Helpful in making and preparing the record of financial
position of the organization.
 Helpful for making capital structure and finding out the
possible fund for all other department.
 Helpful in management of company cash flow and balancing
the ratio of debt and equity financing to maximize company
value.
 Keeps the information of all the departments that is helpful for
coordination and success.
CONTINUE…..
 Helpful in preparation and compilation of Budget
estimates, revised estimates and supplementary
grants.
 Helpful in Matters related to creation of posts,
fixation of pay and grants-in-aid.
 Helpful in estimating the tax structure of the
organisation.