1) Explain the organizational chart of the finance function in a typical organization. What is the key function of each role/position? Explain the difference between the treasury function and the controller function? The organizational chart of a finance department is determined by each company, it does not depend on whether it is a small, medium or large organization. The organizational chart consists of a chief financial officer (CFO), a vice president, one or more accountants, and a budget analyst. The CFO is the head of the financial department. The CFO is responsible for overall planning and guidance for the implementation of the plan regarding the company's finances. The CFO also collaborates with managers of other branches, along with human resources, production, sales, marketing, production or any other department of the company. The CFO meets with the managers of all these subsidiaries for planning decisions. Since each branch has needs to accompany its work and the finance department is responsible for creating, managing and allocating funds from the company budget to meet all these needs. The next department in the organizational chart of a finance department is the vice president. The Vice President will report directly to the CFO and it is more complicated to work directly with the department's accountants to implement the strategy that the CFO and other department heads have been working on to manage the company. The next level is the accounting department. Accountants are those who manage the day-to-day bookkeeping and bookkeeping operations of the business. Accountants must prepare asset, liability and capital account entries by compiling and analyzing account information and also... middle of the paper......capital is the cost of the fund used to finance a business. Ultimately, the cost of capital refers to the financing method used, whereby the cost of equity is financed solely by equity capital and the cost of debt is financed solely by debt. Many companies have used this tool to finance their business, the overall cost of capital is derived from the weighted average cost of capital (WACC). The company uses WACC to decide which financial path to follow. For example, if a person has $20,000 to capitalize and must choose between A shares and B shares, the cost of capital is the difference in their returns. If that person invests $20,000 in A shares and receives a 7% return, while B shares earn a 9% return, the cost of capital is 2%. The only way to theorize the cost of capital is as the amount of money that could have been made by making a different investment decision.