Describe an accountant’s role Systems Development Life Cycle (SDLC)

Q: Responsibilities of an accountant

A: Accountant: An Accountant is a professional who is responsible for keeping and interpreting…

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: 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: Explain the purpose of financial and management accounting within your chosen organisation. Within…

A: In any organization, Purpose of Management accounting is to provide useful information for internal…

Q: Differentiate financial accountant, management accountant and manager

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

Q: How important are accounting information systems in contemporary accounting practice?

A: Introduction: Accounting: A company's financial activities are tracked through accounting, which is…

Q: Understand the intentions of accounting students on career as professional accountant .

A: Accounting has a wide range of applications. Accounting students can work as professional…

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

A: Accounting information System:   It is a system adopted by an organization to store and process the…

Q: How can the tools in assessing accounting quality assist financial analyst

A: The value of financial accounting is primarily defined only by its quality. The core premise of…

Q: What is the role of the accountant in setting and implementing the goals of the company?

A: Profit maximisation: It is the goal of every company to earn maximum profit along with the…

Q: Analyze current major accounting research tools. Discuss the deductive, inductive, and pragmatic…

A: Accounting research looks at how people, businesses, and governments use accounting, as well as the…

Q: Describe the goals of accounting standards.

A: Accounting standards are authoritative standards for financial reporting and are the primary source…

Q: Suppose you are tasked to construct and evaluate complex financial statements, including those…

A: SASB standards are those standards which provide information in relation to the corporate…

Q: Discuss the professional ethics of an accountant

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

Q: t is the connection between the Accounting & Finance Process and the Accounting & Finance Modules in…

A: Accounting:     "A formal process of measuriing the events into money  terms and recording,…

Q: What are the ethical responsibilities ofmanagement accountants?

A:

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: 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: siness intelligence, and

A: Accountants use data analytics to help businesses unwrap  valuable perception within their…

Q: What are the possible careers for someone skilled enough in accounting information system

A: The accounting profession has evolved from simple tax preparation and bookkeeping to the advanced…

Q: Include examples of the type of information and reports the management accountant can provide

A: The accounting which is related to the preparation of the reports and to measure the performance of…

Q: Identify and discuss several professional organizations that play important roles in preparing…

A: The organizations listed below formulate and execute policies for the interest of investors in the…

Q: Identify the following users of accounting information as either an (a) external or (b) internal…

A: External users of accounting information are those persons which are external to the organisation…

Q: Evaluate the importance of accounting for accounting information users.

A: 1. Management 2. Shareholders 3. Creditors 4. Lender 5. Government & Regulators 6. Employees

Q: In today's accounting profession, what function does accounting information technology play

A: Meaning of accounting information technology It is a system of collecting, storing and processing…

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: Define and explain the importance of the phrase Certified Management Accountant (CMA).

A: Certified Management Accountant is said to be a designation that means expertise in strategic…

Q: Identify the following users of accounting information as either an (a) external or (b) internal…

A: External users of accounting information are those persons which are external to the organisation…

Q: Accountants role in the organization

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

Q: Identify the following users of accounting information as either an (a) external or (b) internal…

A: Internal users: Internal users of the financial statement are the inside individuals or the members…

Q: Describe the internal role of accounting for organizations.

A: Accounting refers to the method of communicating financial information to users such as investors,…

Q: Identifying users of accounting information For each of the users of accounting information,…

A:

Q: hat are the benefits of Accounting System Analysis?

A: Accounting system analysis is very important for business and organization to grow and survive.

Q: Discuss the  meaning and needs of accounting standards.

A: Accounting standards:Accounting standards are common set of principles, procedures and standards for…

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

A: Accounting Policy- Accounting policies are the specific principles, foundations, conventions, rules,…

Q: Why does accountants need to learn about the technical aspects of information systems?

A: With the constant advancement in information technology, the accountants too need to have knowledge…

Q: Define Institute of Management Accountants.

A: Management Accounting Management accounting refers to a process which helps managers in taking short…

Q: Which of the following is least likely to be an accountant’s role in the SDLC? a. user b. consultant…

A:

Q: Accounting System Analysis

A: Accounting System analysis. It is a mordern account concept where in it no any error and very fast…