Application: Demonstrate Use of Time Value of Money (TVM) in a Personal or Workplace Setting - Assignment Example

This has supported a culture of financial acumen because all people within the organization have become concerned with the need to gain experience at dealing with data, tracing financial flows, and making meaning from percentages for incomes and expenditure, which is what financial acumen is all about (Brigham & Houston, 2013). This culture has yielded several benefits for the organization. Since I joined the organization, there has been no year that the organization has not seen financial growth.

But my checks indicate that this was not so in times past. The growth started coming when the current CEO was brought on board and started the culture of financial acumen. His actions have helped in promoting the act of financial learning among all staff and executives of the company (Wise, 2013). Because in this case the culture of financial acumen that has been created has been structured around the entire organization, it is going to have a direct contribution on the overall success or failure of the organization.

This is because where there is little financial impact from any department of the organization, the whole organization will be affected as financial growth has been made a shared responsibility within the