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The financial statements used in accounting are like a photograph of the companies financial standing at any given period. This is important to managers because this shows them how much money the company is making (revenue) and spending (expenses and supplies, etc.)
By viewing this a manager can decide several things, can the company afford to hire more employee's or is the financial state of the company not good enough for them to afford salaries or wages. Does the company need to lay-off employee's, is the company earning a profit or are they showing a loss?
Accounting it literally the life blood of any business, without knowing where a company stands financially, a manager, a CEO, or even a private owner can not operate the business to its fullest potential.
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Who are the user of accounting?
a manager employees public taxauthorities analysts
3 important activities in accounting process?
real accounting, nominal accounting,personal accounting
Where can someone find accounting manager jobs?
There are a variety of sources in which one may find accounting manager jobs. Careerbuilder, Monster and Indeed are great websites to find jobs in any field.
What kind of jobs can you do with your degree in Accounting?
cfo, banker, financial manager
What is the important of public sector accounting?
Explain why it's important to study public sector accounting.
What do you call someone who works in accounting management?
An accounting manager.
What are different job titles of accounting?
In accounting departments of medium to large companies and accounting firms the typical job roles are Accounting Clerk (Accounts Receivables and Payables Clerks), Accounting manager, Tax Manager, Bookkeeper, Controller, Budget Analyst, Internal Auditor and CPA.
What are the internal users of accounting users?
manager owners
What is the importance of management accounting to a manager?
Cost accounting is a vital management tool for effective management functions, such as, for manager to perform budgetary planning & controls and for decision making.
IT related job and their job descriptions?
Most IT's works with accounting department specifically with the accounting manager.
What is the important of stastistics to accounting?
What is the Important of statistics to Accounting?
Who are the user of accounting?
a manager employees public taxauthorities analysts
The manager in charge of the accounting department is generally known as the?
controller
3 important activities in accounting process?
real accounting, nominal accounting,personal accounting
Where can someone find accounting manager jobs?
There are a variety of sources in which one may find accounting manager jobs. Careerbuilder, Monster and Indeed are great websites to find jobs in any field.
What kind of skills an accounting person needs?
First, a successful accountant must have good mathematical abilities. Being analytical and detail oriented are also very important traits. Reading comprehension skills are important in order to read and interpret accounting bulletins, tax laws and contracts. In public accounting or as an accounting manager, people/communication skills are important. And it doesn't hurt to be a good speaker and have leadership abilities.
What kind of jobs can you do with your degree in Accounting?
cfo, banker, financial manager
