Solution-Why are accountants valuable to the organization

Why are accountants valuable to the organization

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As a new controller, reply to this comment by a manager. “As I see it, our accountants may be needed to keep records for shareholders and Uncle Sam, but I don’t want them sticking their noses in my day-to-day operations. I do the best I know how. No bean counter knows enough about my responsibilities to be of any use to me.” Why are accountants valuable to the organization? What responsibilities do managers have in understanding financial information?

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They are also important because they help the company to reduce its expenses. Accountants are very well aware of the legal defaults from which an organization can benefit itself and increase their profits. They also ensure that all the legal matters are met by regulating financial details.

Reference no: EM131288404

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Why are accountants valuable to the organization : As a new controller, reply to this comment by a manager. “As I see it, our accountants may be needed to keep records for shareholders and Uncle Sam, but I don’t want them sticking their noses in my day-to-day operations. I do the best I know how. No ..

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Why are accountants valuable to the organization

Reference no: EM131288404

Reference no: EM131288404

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