A Career In Accounting Essay

A Career In Accounting Essay

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A Career In Accounting

Management accounting is considered one of the most essential
management services. Management accountants are considered internal
managers; they produce information for managers within an
organization. Management accountants identify, measure, accumulate,
analyze, prepare, interpret and communicate information that helps
managers fulfill organizational objectives. With increased competition
and consequent economic pressures, management accounting has become
part of the primary fabric of management.
There is no denying the fact that an organization’s success or failure
is dependent on the quality of information made available to the
management; this is where a management accountant becomes vital. It is
his primary job to ensure that managerial decisions are well within
the cost prescriptions. The management accountant is expected to give
a prognosis for projects to be undertaken based on past and present
financial performances. In order to do this a management accountant
needs to take into account factors like cost of raw materials, labor,
transport and overheads. Knowledge of these costs will help the cost
accountant prepare budgets for the operation that is planned.

RESPONSIBILITIES: The position includes developing and maintaining automated systems to produce accounting and financial information. Coordinates the resolution of accounting system issues arising from factors such as changes in legislation, regulation, and accounting standards. Planning, analyzing and determining cost benefit relationships. Responsible for monitoring all operations in the accounting and finance branch, providing technical assistance and guidance t...


... middle of paper ...


... market. Excellent analytical
skills are needed to recommend the appropriate products and services
to customers. Experience as a sales professional, attorney, financial
planner, or banker developing business and establishing long-term
relationships with affluent clients.

EDUCATION REQUIREMENTS: A bachelor's degree in a business related
discipline is strongly preferred; an MBA, JD, CPA, CFP, CIMA, or other
related professional certification is a plus.

A Career In Accounting 4

New Haven County Jobs, Retrieved on 5 June 2005, from

http://www.newhavencountyjobs.com/jobdescr.asp?jobcode=2881

TopUSAJobs.com, Retrieved 5 June 2005, from

http://financial.advisor.jobs.topusajobs.com/

Horngren, C., Sundem, G., & Associates, (2003), Introduction to
Management Accounting, Pearson Education international

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