What are the role of accountants in the organization?

Q: Responsibilities of an accountant

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

Q: What is the role of the Public Company Accounting Oversight Board?

A:

Q: Define accounting, and describe the roles of private andpublic accountants.

A: Accounting is a process of identifying business transaction, analyzing, measuring, recording, and…

Q: What is the purpose of the Code of Professional Conduct for the accounting profession?

A: A code of ethics must have traditionally been the conventional mechanism whereby a profession…

Q: Explain breifely about the theories of accounting regulation – public interest theory, capture…

A: The four theories of accounting regulation are: Public interest theory, Capture theory, Economic…

Q: What is accounting's role in a company?

A: The companies are run by the stakeholders' to earn the profits. The company hires the employees to…

Q: What are some accounting-related professions?

A: Definition: Accounting: Accounting is a system, or a process of collecting and organizing economic…

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: Who is in charge of financial accounting and who is in charge of management accounting?

A: The Answer

Q: How does financial statements help employees in decision making?

A: Financial statements are statements or reports that are prepared at the end of the accounting period…

Q: Are accountants and auditors moral agents of corporations and society? Explain.

A: Moral responsibility means a liability of an individual to perform tasks in a moral or ethical…

Q: What is the cornerstone of accounting ethics?

A: Introduction: Accounting ethics is a subset of applied ethics that is linked to business ethics and…

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: How do an organization's business activities and lines of business impact the process of designing…

A: Answer: Solution Concept Accounting information system               The term accounting information…

Q: Why are stakeholders important in accounting ethics?

A: Stakeholders' refers to the person(s) or a group who has some interest in a company and can be…

Q: What is the role of the accounting function in an organization?

A:

Q: siness intelligence, and

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

Q: What is the purpose of accounting in an organization?

A: Income Statement: The income statement helps an organisation understand the amounts of revenues…

Q: What is an accountant

A: Lets start with basic understanding of term accountant. An accountant is a person who, Records all…

Q: What is the distinction between accounting and business administration?

A: Here is the Answer

Q: What distinguishes accounting and business administration from each other?

A: Despite the fact that business administration and accounting are closely related, they have distinct…

Q: g and business adminis

A: Accounting: It is the process of recording any financial transactions incurred in the financial year…

Q: What elements should accountants examine while developing a company's PPE accounting policy

A: The assets on a company's balance sheet are the things that will bring it money in the future. The…

Q: What is the purpose of accounting in society?

A: Accounting is the measuring, recording, classifying and communicating financial information to the…

Q: What is accounting? What type of information is provided by the accountants? How does an…

A: Meaning of Accounting: Accounting is the process of recording financial transactions pertaining to…

Q: Which is one of the most important roles of the accounting function within an organization?

A: Accounting Function: Accounting function are the functions related to maintenance of records of the…

Q: Accountants role in the organization

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

Q: The difference between accounting and business administration

A: They both reinforce each other.

Q: Who regulates financial accounting and who regulates managerial accounting

A: Financial accounting: Financial accounting is different from managerial accounting. Financial…

Q: How do the business processes and lines of business of a company influence the design of its…

A: The business processes and lines of business of a company influence the design of its accounting…

Q: What is a business process and what role does it play in an organization?

A: The question is based on the concept of business accounting.

Q: How distinguishes accounting and business administration from each other

A: Accounting: It is the process of recording any financial transactions incurred in the financial year…

Q: Discuss how the basic principles of accounting is applied in business organizations. Give examples.

A: The basic principles of accounting that is applied in business organisation are: 1. Business Entity…

Q: What are accounting and the business environment?

A: Accounting plays an important role in today's business environment as it helps to measure the…

Q: What is the role of ethics in accounting and business?

A: Ethics means the principles that govern a person's behavior and activities. These are the morals…

Q: When it comes to the design of an Accounting Information System, how do an organization's business…

A: The Answer

Q: How do an organization's business activities and lines of business impact the design of an…

A: Accounting Information System(AIS) collects, records, stores, and processes accounting and other…

Q: What  are  the  main types  of  decisions  made  by  the  financial  managers  of  a company?

A: FINANCIAL manager  are managers  responsible for important decisions in the company and responsible…