1. RACbay Consulting International Business Simulation 30. October 2003Finance Department1 Presentation Finance Department RACbay meeting 30. October 2003

2. RACbay Consulting International Business Simulation 30. October 2003Finance Department2 I)Current Responsibilities: II)Future Responsibilities:

3. RACbay Consulting International Business Simulation 30. October 2003Finance Department3 I)Current Responsibilities: 1.Creating Invoices 2.Accounting 3.Deciding on price structure for the company‘s products (concepts)

4. RACbay Consulting International Business Simulation 30. October 2003Finance Department4 1.Creating Invoices: Customer details Date/ Official in charge/ Invoicenumber Table Terms Account-.Info

5. RACbay Consulting International Business Simulation 30. October 2003Finance Department5 2.Accounting:  Did research about affordable accounting software or accounting plans RESULT: - right now to expensive - copied accounting plan from TUB for the meantime - perspective: European accounting plan

6. RACbay Consulting International Business Simulation 30. October 2003Finance Department6 3.Deciding on price structure for the company‘s products (concepts): Urgent need for a meeting with Research and Sales Dep. Basic line:Concept + selfguide + customer service Comfort line: Concept + training + supervision + selfguide + customer service

7. RACbay Consulting International Business Simulation 30. October 2003Finance Department7 II)Future Responsibilities: 1.Investment planning 2.Profit and Loss account planing 3.Capital requirement determination

8. RACbay Consulting International Business Simulation 30. October 2003Finance Department8 Thank you for your attention!