External user group, often referred to as financial intermediaries. What does they include in their group?

Q: Briefly explain the different between Financial Manager and Account Manager in firm?

A: There are three levels in company: Strategic level, business level and lower level. For managing…

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: Describe accounting's internal function in organisations.

A: Introduction: Accounting is transmitting financial data to users such as investors, individuals, and…

Q: What are financial statements and explain different types of users of finanacial statement including…

A: Financial statements are written records that explain the operations and financial performance of a…

Q: Explain how general controls impact transaction integrity and the financial reporting process.

A:

Q: accounting is used by internal decision makers and accounting is used for external

A: Management accounting & Financial accounting are both branches of accounting, while the former…

Q: s an information syste

A: Accounting Information Systems helps to perform the tasks in the job of Budget Analysis. An…

Q: _key decisions is a financial manager likely to make?

A: Answer:   _Firm Investment key decisions is a financial manager likely to make.

Q: Relationship between IT Control and Financial reporting

A: Information Technology (IT) control can be defined as the specific activities that are performed by…

Q: ion Acquisition in Financial Ma

A: Step 1 When trading in the financial markets, investors gain knowledge of asset bases. Portfolio…

Q: Identify the major types of Off-Balance Sheet (OBS) activities engaged by a financial institution…

A: Off balance sheet is the type of balance sheet where company does not reveal any information…

Q: Explain how source data automation is used in the commerce and financial institutions

A: When the data is collected at their point of origin in digital form, it is known as source data…

Q: 1. Discuss the functions of financial intermediaries.

A: Financial Intermediaries: A financial intermediary is an entity that works as a go-between between…

Q: what type of MIS tools are currently being used in Financial management? What MIS Application are…

A: The acronym MIS stands for the management information system. In terms of finance, this system…

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: Financial accounting provides information for managers and other internal users.

A: Managerial accounting provides information for managers and other internal users.

Q: Why is financial management important to an organization?

A: Financial Management: Financial management relates to the strategic preparation, organizing,…

Q: Explain the purpose of financial and management accounting with some exemples within your chosen…

A: Financial accounting refers to the  assembling of financial information to create financial…

Q: What is the role of the accountant in the SDLC? Why might accountants be called on for input into…

A: System Development Life Cycle (SDLC):   The system development life cycle is a set of series or…

Q: Which of the following is NOT a purpose of the Transaction Processing System?a. managing and…

A:

Q: Management accounting focuses primarily on providing data for: Oa. internal uses by managers Ob.…

A: There are different types of accounting such as financial accounting, management accounting, cost…

Q: Who among the internal users need financial information the most

A: Internal users of financial information refer to the persons within an organisation who use…

Q: What does Financing mean?  What is involved in an organization's finances?  What does financing…

A: The process of obtaining cash or capital for any type of spending is known as finance. The handling…

Q: objective of financial management

A: Introduction: The term financial management refers to the process of planning, organizing &…

Q: what are real world issues and problems faced by the financial managers

A: Financial manager is more precisely responsible for procurement of funds at effective cost and…

Q: How does accounting software and financial analysis software make the financial executive more…

A: Accounting software and financial analysis software are used by professionals to record, summarize…

Q: measuring, analyzing, and communicating financial nformation needed by management to plan, evaluate,…

A: Reasons along with answers are given below.

Q: Accountants role in the organization

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

Q: Describe the services and characteristics that are of prime importance to you in a financial…

A: Financial institutions are institutions in which the operations are all finance-related. These…

Q: “Communication financial results and positions to external parties”. Is it not a primary function of…

A: Management Accounting:

Q: How can the financial plan be used to help management provide guidance tosecurity analysts?

A: Financial plan is the strategy made for deciding how a company will manage to fulfill its goal and…

Q: Micro-business entities can use which basis of accounting

A: Micro business entities have the option to us any of the following basis of accounting in the…

Q: Describe the basic financial statements , their purpose and their importance to various internal and…

A: Financial statements are considered as basic and one of the most important elements of financial…

Q: External user group, often referred to as financial intermediaries. What does these users provides?

A: Financial intermediaries: A financial Intermediary typically serves as a linkage between the person…

Q: Which employability skill equips an individual to analyze complicated financial data and presentit…

A: Employability skills are the those skills which required by a employer for a certain type of jobs.…

Q: Assess the objectives of financial management and the role of different stakeholders in an…

A: Introduction: Financial management is nothing but managerial practice engaged in managing and…

Q: In addition to financial statements, what are some other ways to disclose financial information to…

A: Financial Statements represent a formal record of the financial activities of an entity. These are…

Q: An organization needs to keep flow of information with various internal and external parties.…

A: Accounting is defined as the procedure for recording, interpreting as well as summarizing the…