Bank or brokerage house departments not directly involved in selling or trading. The back office sees to accounting records, compliance with government regulations, and communication between branches.
A budget director is responsible for the administration of the budgetary control process within an organization. They coordinate the flow of information between budget centers, the budget committee, and the board of directors.
A decree is an authoritative order or official legal proclamation issued by a person or body with administrative or judicial jurisdiction. It primarily serves as a final court order or decision.
The Institute of Chartered Secretaries and Administrators (ICSA) is an international professional body that represents the interests of professionals in corporate governance and compliance, notably company secretaries.
Management by crisis is a reactive method of administration where strategies are formulated as events occur. This approach can lead to organizational confusion and often involves short-sighted policies.
A management company provides various services to manage and oversee the operations, administration, and maintenance of businesses or investments, usually in exchange for a fee.
A management fee is a charge against assets for the administration and management of portfolios, funds, or real estate properties. It encompasses services such as investment management, shareholder relations, administration, rent collection, maintenance, and bookkeeping.
A structure used primarily for the conduct of business, such as administration, clerical services, and consultation with clients and associates. Such buildings can be large or small, and may house one or more business concerns.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.