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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The assignment deals with the function of accounting which is all about the preparation of the financial statements, assets, liabilities etc.The role of an accountant includes the preparation of the financial reporting as per the rules and regulations laid down by the government of that country.They are the ones that substantiated the financial documents, secure the back ups for each and every transaction etc.

Reference no: EM132101608

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inf2101608

12/18/2018 2:05:41 AM

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? 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? Experts Mind.com, I really appreciate for my assignment work. They have given me the assignent before a day to my deadline. It is cheaper than other sites. Thanks

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