A Career In Accounting Essay
Management accounting is considered one of the most essential management services. Management accountants are considered internal managers; they produce information for managers within an organization. Management accountants identify, measure, accumulate, analyze, prepare, interpret and communicate information that helps managers fulfill organizational objectives. With increased competition and consequent economic pressures, management accounting has become part of the primary fabric of management. There is no denying the fact that an organization’s success or failure is dependent on the quality of information made available to the management; this is where a management …show more content…
Prepares annual operations and maintenance budget for equipment and supply items. Controls the execution of current year financial plan, by reviewing daily, monthly, and quarterly accounting reports to endure sufficient funding is available to accomplish mission goals.
A Career In Accounting 3
EDUCATION REQUIREMENTS: Degree in accounting or a degree in a related field such as business administration or finance. Should include up to 6 hours of credit in business law.
Financial accountants provide information for external parties, such as investors and government authorities. Financial consultants establish an ongoing relationship and work together as partners for the long haul. Based on an in-depth interview, a financial consultant will work with the customer to develop an individualized financial plan tailored to the particular circumstances, investment objectives, and risk tolerance of the individual. The financial accountant will then monitor a portfolio closely to ensure it is making appropriate progress toward the desired objectives. As other needs evolve, a financial consultant will keep watch so that the investment strategy is consistent with the changing circumstances of the