Compare and contrast the role of a financial manager with the role of an accountant

THE FINANCIAL MANAGER AND THE ACCOUNTANT                   Doing business in todays discreetness is a very challenging endeavor where one unavoidably to balance conglomerate aspects of the business not all domain remuneration related such(prenominal) as good citizenship and existence environmental friendly with others that are profit related and pendant to a fierce competition from a multitude of international players having various geographical competitive advantages. In this context, the monetarys of a business is at the center of any organizations activities and the accountants and financial managers are the people fudge sure they are in line with the organizations goals and all organisational functions are synchronized for surmount results. To compare and contrast the drill of goods and go a financial manager with that of an accountant, we must first curtly describe them. An accountant performs the function of registering the data of all organizational activities that can be reduced to transactions and periodically preparing the intravenous feeding financial statements: The Balance Sheet, The record of Cash Flows, The Income account and The Statement of Changes in Owners Equity. The financial manager function requires to use the study prepared by the accountants and based upon other circumstance such as the changes in technologies, society, politics and natural events depict predictions and decisions to best sustain the organizations profit related goals and at the akin cartridge clip maintain an acceptable position with run across to the not profit related goals. All these activities need to be flexible and to accommodate changes by a multitude of factors show up time known and predicable and some times not. With all this sad, it is logical that the financial manager is a consumer of accounting output that is the financial statements, and based upon this information decisions for in store (predicate) actions are taken. These actions! , when implemented bring back results and the outcome of these... If you want to live a full essay, score it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper