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
TopUSAJobs.com, Retrieved 5 June 2005, from
Horngren, C., Sundem, G., & Associates, (2003), Introduction to
Management Accounting, Pearson Education international
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- From an early age, I have always had a keen interest in the world of accounting. From studying Accounting at A-level, I have gained further knowledge into this particular subject of my choice. I am currently studying A-levels in Accounting, Chemistry and ICT. I also done Biology but chose not continue the subject into second year. Each of these subjects has given me many different options to apply for at university. The subject I am most interested in studying at university is financial accounting at various university available to me.... [tags: Accounting, ]
483 words (1.4 pages)
- Title Accounting Career Resorces Accounting my field of study The purpose of accounting is to provide the information that needed to make sound economic decisions. It is one of the oldest professions in the world today, and the backbone of any business operation. It is not just about numbers, accounting is about planning. Accounting has many subfields, which includes management accounting, financial accounting, and cost accounting. Accounting can be a prestigious career, but to achieve that prestige you will have pass the CPA (Certified Public Accountant) exam and become a licensed accountant, and with that license you can work in any of the subfields.... [tags: Accounting]
1868 words (5.3 pages)
- 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.... [tags: Papers]
644 words (1.8 pages)
- Since the day we are able to comprehend, our parents have tried to set a good example for us to understand the importance of right and wrong and how to act in many situations. As we get older to attend school, our teachers, family, and friends also influence our daily lives. During our journey to adulthood, we come across everyday challenges of whether to be ethical or unethical in situations we find ourselves in. When entering our career profession, we are taught and trained by the company to understand their ethical codes of conduct, such as in an accounting career.... [tags: accounting scandal, right, wrong, morality]
965 words (2.8 pages)
- ... They can be a part of criminal investigations, personal injury claims, fraud investigations, matrimonial disputes, professional negligence cases, expert witness cases, and a part of mediation or arbitration. They work alongside lawyers, police and law enforcement agencies, government departments, banks and financial institutions. The opportunities are great and the many different groups you could work with make it an exciting opportunity. Even though forensic accounting is relatively new to some of society, as incidence of white collar crime continues to increase, the demand for forensic accountants will increase (Idowu, 2011).... [tags: define, statistics, feedback]
937 words (2.7 pages)
- Each person has a different idea of what it means to be successful. After talking to my family and some friends, I know that I have several strengths and weaknesses. I know that I will face some opportunities and threats. Also, I know that I will have competitors. In this competitive business world, understanding what is truly valuable to me is a major step towards achieving my goal. My strengths are my languages, technology skills, education, work ethic and the ability to follow directions. My weaknesses are communication skill, lack of U.S culture and working experience.... [tags: Personal Analysis Career Job]
1546 words (4.4 pages)
- An accountant’s job duties are to compile, examine, confirm, and prepare financial statements that include the profit and loss analysis of a given organization/corporation (Ferguson). A typical day would entail working indoors, assessing information and evaluating “best-practices” to recommend (“Accountants”). Some of the main skills that are required form an accountant would be to have analytical, problem-solving, communication, math, and organizational skills (“Accountants”). These skills go hand in hand with everything pertaining to an accountant’s job, for there is slight to nonexistent room for error (Ferguson).... [tags: career choices]
832 words (2.4 pages)
- What is your purpose. What are your career aspirations. What type of research do you want to conduct. What topics and methods are you intending to pursue. I am applying for admission to the Ph.D. program in accounting because I want a career in the research and teaching of accounting. I have wanted to pursue a PhD in accounting since I was a college sophomore about 25 years ago. A PhD in accounting would provide me with opportunity to fulfill my life-long dream of involving in teaching and play a positive role in the lives of my students the same way my teachers have played in mine.... [tags: research, career, experience]
2033 words (5.8 pages)
- Accounting Clerks Accounting, bookkeeping, and auditing clerks are financial record-keepers. Their work is to update and maintain accounting records containing of receipts, accounts receivable, expenditures, and profit and loss. These clerks must possess a wide range of skills. The work of a bookkeeper is to maintain books in the company. Nature of Work Accounting, bookkeeping, and auditing clerks make a number of calculations every day and they must be comfortable using computers to compute and record data.... [tags: Career Description ]
946 words (2.7 pages)
- When it comes to choosing a major in college, it is important that you pick a major that you will enjoy working in for the some part of your life. How does one make that decision. There are several different factors that play a role in choosing a major; or there was for me at least. When I looked into business for my intended major the first thing that came to my mind was not if I was going to enjoy working in some kind of business environment because I already new I would like that. Instead I looked at other aspects or values that a business degree offers.... [tags: Business Accounting]
1264 words (3.6 pages)