The Role of an Accountant American InterContinental University Accounting Abstract Recently I was asked to give a speech at a high school career fair. The main focus of my speech is discussing my role as an account and what students should know. In this presentation I will present the students with the main objectives of accounting. I will also inform them of the terminology of the accounting process or financial reporting. Then I want to talk about how accounting
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What is the role of an accountant? The role of an accountant is generally described as someone who handles the financial records of the business and prepares the financial statements for them. There are different types of accountants though‚ and this essay looks at what roles these are in particular‚ looking at how they are similar and how they differ from each other. This essay will look at the role of the accountant in smaller businesses‚ like family businesses‚ and the wider business environment
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sales by 2.3% from Head office in the financial accounts for 6 Months. He asked me to hide it and then divide and absorb it in next few months to hide the impact. I did not agree on this and showed the true and fair picture in Financial Reports. What did you learn from this experience and how will it influence your future behavior in the workplace? If I would have acted upon on the order of General Manager and decreased the cost of sale by 2.3%‚ it would be against my professional ethics. This
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The role of chartered accountant has changed over time. They are not merely postmortem officers. Five years back‚ people used to think that the chartered accountants are Compliance Officers. Today‚ they have proved that the Chartered Accountants are not the Compliance Officers but are the Business Solution Providers. Today‚ the Chartered Accountants are the strategic partners‚ business solution provider. Their function is not restricted to accounting‚ auditing or banking. Today the Chartered Accountants
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marketing department may suffer from an overpriced product of candy bars‚ chews and other sweets since each division is a profit centre and tries to maximize their profit. As a result‚ organizational goals are ignored or overlooked. ROLES OF MANAGEMENT ACCOUNTANT Over the years‚ it is believed that ‘new’ techniques have been introduced to overcome a claim that ‘outdated’ management accounting practices had provided misleading information for planning‚ controlling‚ decision making and communication
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The role of accountant in a company zac Currently‚ with development of international economic‚ the trend of accounting internationalization will be more and more obvious. So the accountant has become a valued partner and strategic advisor in the company competition. Accountant is who is skilled in the practice of accounting or who is in charge of public or private account. An
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The Role of Forensic Accountants in the Development of Judicial Process By: Nnoruem Timothy O. M.Sc Accountancy PROBLEM STATEMENT In recent times‚ the world has witnessed the failure of large corporate organizations which has been attributed to large scale fraud by Directors in connivance with auditors. There is the case of Enro in the U.S‚ Parmalat in Italy and many cases in the U.K such as Polly Peek‚ Maxwell communications and BCCI. This development brought about in
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Task: How would you describe the roles of accountants and finance managers in your own country? You should give a preference and justification for the role you would prefer to have. You should also consider the ethical foundations for the accountant’s role. Your response to the task Accountants and finance managers both playing vital roles in any corporation. Accountants are practitioners of accounting which is a system that does the research of financial activities and collects‚ analyzes and
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the early 80’s there had been very little change in the skills of the Management accountant but there has been massive changed in the business environment and this raised a lot of criticism. Although the skills of the management accountant have had to change in the past number of years‚ the traditional skills have become less central yet remain still important. A broader range of skills‚ not all purely accountancy related‚ have come into the skills portfolio of a management accountant. Yasin et
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THE ROLE OF AN ACCOUNTANT IN THE IMPLEMENTATION OF IFRS It is often said that an organization without an accountant is not a serious organization as it has no credibility. This is because the accountant is seen as the financial “gatekeeper” whose presence within an establishment underlines a commitment to sound financial principles and good business values. It is known that almost all aspect of human activities have undergone changes globally as a result of improvements in hi-tech Information and
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