Characteristics of an internal accounting system

Reference no: EM13758927

You are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The chief executive officer (CEO) is not convinced that a managing accountant position is needed. Prepare a 2-page memo for the CEO on the following:

Explain the objectives and characteristics of an internal accounting system.
Include an explanation of the importance of this information to the company.

Include an explanation of ethics in business and the managerial accountant's role inupholding the code of ethics.

Reference no: EM13758927

Questions Cloud

How can you link assessment findings to intervention : How can you link assessment findings to intervention? How can assessment information be used to create effective educational programs for children age birth - 8 years with ASD?

Provide a list of security activities or controls : List a security program in each level and provide a list of security activities or controls applied in these levels. Support your list with real world application data

Analyze instructional strategies, models that you might use : Analyze at least three instructional strategies, models, or programs that you might use when working in your field with an individual with ASD. Why would you expect these approaches to be effective?

Why is it important to document change requests : Why is it important to document change requests? What happens if a development team doesn't? When a project is late, do you think that adding more people to do the work helps or not? Justify your answer

Characteristics of an internal accounting system : Explain the objectives and characteristics of an internal accounting system. Include an explanation of the importance of this information to the company.

Business systems analysis : Business Systems Analysis-Is it good or bad for corporations to rely on vendors for computing support? List arguments for both on why you are for and against reliance on vendors as part of your answer

Singular methodology for project management : What obstacles exist in getting marketing and engineering to agree to a singular methodology for project management? What might happen if benchmarking studies indicate that either marketing or engineering are at fault?

Describe two types of specialization in production : Describe two types of specialization in production. What are the economic advantages of specialization and what are political business cycles, and how could they be created?

Nature and scope of managerial accounting : Describe the functions of, and explain the nature and scope of managerial accounting-Understand the role of performance measures in an organization

User Account

All Pages