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

Essay Details

Subject: Business
Author: Victoria S
Date: February 19, 2014
Level: University
Grade: A
Length: 1 / 232
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

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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