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Accountants prepare budgets to achieve goals in financial terms by identifying, measuring, accumulating, analyzing, interpreting, and communicating information (Horngren, Sundem, & Stratton, 2005, p.5).
"Management accountants work in companies and participate in decisions about capital budgeting and line of business analysis. Major functions include cost analysis of new contracts and participation in efforts to control expenses efficiently" (Accounting: Job Options, 2000).
Hudson Shribman is currently recruiting a Senior Management Accountant for a leading UK retail bank. The manager accountant's responsibilities will be to report to the Senior Finance manager within consumer banking...
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Common topics in this essay:
- Accounting for Managers
- Accounting for managers
- An Interface Between Financial Accounting And Cost & Management Accounting And Some Concepts Of Strategic Cost Management
- discuss the role of the financial accounting and managerial accounting functions in organizations
- HOW MANAGERIAL ACCOUNTING ADDS VALUE TO ORGANIZATION
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- Managerial Accounting Vs Financial Accounting
- Managerial accounting vs Financial accounting
- Managerial and Financial Accounting
- Managerial and Financial Accounting
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- The Differences Between Financial Accounting And Management Accounting
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