discuss the role of the financial accounting and managerial accounting functions in organizations

Essay specific features

 

Issue:

Business

 

Written by:

Linda L

 

Date added:

November 30, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

1 / 232

 

Was viewed:

4426 times

 

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Essay content:

Accountants prepare budgets to achieve goals in financial terms by identifying, measuring, accumulating, analyzing, interpreting, and communicating information (Horngren, Sundem, & Stratton, 2005, p.5). "Management accountants work in companies and participate in decisions about capital budgeting and line of business analysis...
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Major functions include cost analysis of new contracts and participation in efforts to control expenses efficiently" (Accounting: Job Options, 2000). Hudson Shribman is currently recruiting a Senior Management Accountant for a leading UK retail bank. The manager accountant's responsibilities will be to report to the Senior Finance manager within consumer banking...
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