Saturday, September 1, 2012

the type of work the newly recruited management accountant could do?

the type of work the newly recruited management accountant could do?

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Answer 1 :
Job description of chartered management accountant: A chartered management accountant applies the principles of accounting to provide the financial information necessary for the planning and financial protection of organisations in the public and private sectors. They establish and maintain financial policies and management information systems, as well as liaise with management colleagues on all aspects of finance. The role combines accounting skills with business management skills. Chartered management accountants look to the future (rather than the past, as in auditing). They analyse the performance of a business and advise on how to pre-empt problems, adapt to changing circumstances and improve value. They may work in a finance function or within specialist departments providing financial advice and information to support strategic business decision-making and control.

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