This paper discusses, compares and contrasts the roles of the accountant and that of the financial manager.
Written in 2004; 900 words; 5 sources; APA; $ 31.95
Paper Summary:
In this article, the writer compares and contrasts the relationship between the accountant and the financial manager within business entities. Included are the various types of accountants and financial managers as well as their inter-related roles. Further, the writer looks at their functions, orientations, concerns and purposes. Additionally, the intangible topic of ethics and its impact on revenue is also discussed.
Outline:
Abstract
References
From the Paper:
"Broadly speaking, the accountant identifies, measures and communicates important economic information about a business entity; organization or corporation in order that informed judgments can be made. It has an internal orientation, is indirectly involved with but significantly supports the decision-making process. A variety of managers use this information to make informed decisions. Among them is the Financial Manager.
"Like the Accountant, there are various types of Financial Managers. A Chief Financial Officer is involved in financial policymaking and corporate planning. A Treasurer is responsible for cash management, raising capital and cultivating relationships with banks and investors. Finally, a Controller's role is quite similar to the role of the Accountant in that he or she prepares financial statements, is responsible for internal accounting and tax affairs."
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