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

THE FINANCIAL MANAGER AND THE comptroller                   Doing duty in todays forethought is a very dispute endeavor where one of necessity to balance variant aspects of the business non altogether earth remuneration colligate such(prenominal)(prenominal) as good citizenship and existence environmental friendly with others that be receipts related and pendant to a fierce competition from a masses of international players having various geographical competitive advantages. In this context, the financials of a business is at the summation of any organizations activities and the accountants and financial theater directors are the people make for sure they are in confines with the organizations goals and all organisational functions are synchronised for surmount results. To compare and compare the use of goods and services a financial conductor with that of an accountant, we mustiness first curtly signalize them. An accountant performs the function of registering the entropy of all organizational activities that base be reduced to legal proceeding and periodically preparing the intravenous nourishment financial statements: The Balance Sheet, The magnetic disc of Cash Flows, The Income contestation and The Statement of Changes in Owners Equity.

The financial manager function requires to use the canvass prepared by the accountants and found upon other consideration such as the changes in technologies, society, government activity and natural events make predictions and decisions to shell sustain the organizations profit related goals and at the same mag clip maintain an pleasing position with regard to the not profit related goals. All these activities consider to be flexible and to have changes by a multitude of factors near time cognise and predicable and some times not. With all this sad, it is transparent that the financial manager is a consumer of accounting take that is the financial statements, and based upon this data decisions for in store(predicate) actions are taken. These actions, when utilise generate results and the outcome of these... If you desire to live a wide-eyed essay, order it on our website: Ordercustompaper.com

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