Responsibilities of an accountant

Q: What is the role of management accountant in the company

A: The role of management accountant in the company includes 1. To prepare internal financial reports…

Q: How accounting information help stakeholders in decision making

A: Accounting is the process of recording, classifying and summarising accounting information in such a…

Q: worksheet serve to accountants

A: Worksheet-:Multiple column sheets where all essential data utilized for the preparation of the…

Q: Define accounting, and describe the roles of private andpublic accountants.

A: Accounting is a process of identifying business transaction, analyzing, measuring, recording, and…

Q: What are the roles played by accountants with respect to the information system?

A: Information system is the collection of people, Network, process and system that help the…

Q: Differentiate financial accountant, management accountant and manager

A: Financial accountant, management account and manager are three types of employees in an…

Q: The financial statements of a company are management's, not the accountant's.” Discuss the…

A: Financial statement: Financial statements are prepared to summaries the account at the end of the…

Q: In brief define the role of accounting in any organization.

A: Accounting: A justified process with a conceptual framework that provides recording,…

Q: The area of accounting concerned with providing internal users with information is called O a.…

A: There are mainly two types of users of accounting information - the external and . The external…

Q: The definition 'Management accounting is concerned with accounting information that is useful to…

A: Explanantion: In normal language any system of accounting, that assists management in carrying out…

Q: why Chief Financial Officer must have a background on the following subjects: Financial Accounting…

A: why Chief Financial Officer must have a background on the following subjects:  Financial…

Q: Why would a client ask an accountant to report on a financial statement element?

A: Definition:

Q: Financial Accounting and Reporting, Advanced Financial Accounting and Reporting, Management…

A: The duties of a controller include assisting with the preparation of the operating budget,…

Q: What position is typically responsible for general financial accounting, managerial accounting, and…

A: General financial accounting means to do the regular accounting reporting, managerial accounting…

Q: Why is a knowledge of accounting terms and concepts use-ful to persons other than professional…

A:

Q: examples of decisions that can be supported by accounting information

A: Accounting information represents the financial information about the company which is useful for…

Q: n the role of the accounting system according to the agency theory

A: Agency theory is one of the common problem in the organization form of the system and that exist due…

Q: What are some of the uses that management may make of accounting information about individual…

A: In a company, generally, various divisions have been made according to the type and flow of work.…

Q: Discuss the professional ethics of an accountant

A: Professional accountants play a vital role within the community. Professional accountants are…

Q: What are  the factors that accountants should consider when setting up company accounting policy…

A: The assets are the items in the balance sheet of the company that will generate the future economic…

Q: Why are stakeholders important in accounting ethics?

A: Stakeholders' refers to the person(s) or a group who has some interest in a company and can be…

Q: nciples of accounting

A: Principles of accounting are the rules and regulations that must be pursued by an organization when…

Q: Discuss the importance of Accounting Research in the practice of of Accounting profession.

A: Accounting research Accounting research examines however accounting is employed by people,…

Q: mation used in the financial accounting and management accounting Accounting Education b. a. Cost…

A: Since we answer only one question, we will answer the first question. Please resubmit the question.…

Q: Question 1: Write an essay covering the following points; Characteristics of management accounting…

A: SOLUTION 1- A- Features or Characteristics of Management Accounting   1-Selective Nature…

Q: What is an accountant

A: Lets start with basic understanding of term accountant. An accountant is a person who, Records all…

Q: Role of accounting officer

A: An accounting officer is a person who is responsible for the financial record keeping of the…

Q: ________shows how the accounting function can be represented, so as to fit it within the framework…

A: Management accounting shows how the accounting function can be represented, so as to fit it within…

Q: Accounting independence in accounting information system is important. Discuss using examples.

A: Accounting Information System:  A system which collects, stores and gathers information about…

Q: What elements should accountants examine while developing a company's PPE accounting policy

A: The assets on a company's balance sheet are the things that will bring it money in the future. The…

Q: What is accounting? What type of information is provided by the accountants? How does an…

A: Meaning of Accounting: Accounting is the process of recording financial transactions pertaining to…

Q: what constitute "ginhawa ng buhay" for an accountant

A: Answer: "ginhawa ng buhay" is Filipino word which means Comfort for life. Accountant is itself is…

Q: Accountants role in the organization

A: An accountant can be anything from a simple bookkeeper to a strategic adviser, interpreting…

Q: ess goals and activities and describe the role of accounting in making informed decisions

A: Accounting is a medium of communication, like any languages that we use. For example, two people can…

Q: Accounting designed to meet the needs of decision-makers inside the business is referred to as…

A: Lets understand the meaning of management accounting. It is a type of accounting designed to meet…

Q: “Communication financial results and positions to external parties”. Is it not a primary function of…

A: Management Accounting:

Q: Explain what the accrual foundation of accounting is and who is required to use it in your…

A: This question explains about the accrual foundation of accounting .

Q: Briefly describe the reason of organization separate the accounting function from other function in…

A: Accounting Function: Accounting function are the functions related to maintenance of records of the…

Q: Distinguish between the following two accounting positions:controller and treasurer.

A: Accounting positions: The following are the listed accounting jobs that are important at different…

Q: provides individuals within an organization with the financial information needed to make good…

A: Accounting has various branches that are used for different purposes and parties. The cost…

Q: Which type of accounting information is intended to satisfy the needs of external users of…

A: Financial accounting, management accounting and cost accounting are different forms of accounting.…

Q: Rights of an accountant

A: An accountant is a person who is in charge of maintaining and analyzing financial records. Whether…