The Finance Department advises and supports the Institute management on all issues regarding finance and controlling in the day-to-day business and on a strategic level. It is in charge of planning and monitoring the liquidity of the Institute, manages the budget, and guarantees a correct accounting in close cooperation with the administrative headquarters of the Max Planck Society. Moreover, the Finance Department prepares cost calculations for scientific and administrative investments, develops the cost-performance analysis tools of the Institute, and manages tax-related issues and issues concerning the regulations on spending public funds.