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The role of the Congressional Budge Office (CBO) in the federal budgetary process is to give Congress independent economic data. This data helps to understand and make decisions about the proposed federal budget.
There would be no role for an accountant in a personnel department.
A cost accountant plays a big role in the accounting process of a business. Some of the job duties include data collection, inventory, analysis, and other basic accounting procedures.
budget slack can be prevented by good alignment between budgeting process and the organization's strategy which achieved by communication and coordination between top management and line managers or strategic business units to ensure that all line managers have the same perspective about achieving the organizational goals.good implementation of budgetary control also plays a role in preventing budgetary slack.
Their primary role - is to make sure the organisation is spending wisely. They're also responsible for assessing whether any investments are beneficial to he organisation.
Funds Management
REIMBURSABLES
Funds Management
Kindly furnish me with the roles of a cost accountant in any manufacturing company
Accountants keep track of the budget's that a company has. They also track all of the expenses that a company has to make sure they stay within budget.
business accounting
19.1 The accountant is likely to be:· A major user of the computer output· A designer of systems which supply much of the computer input· Responsible for internal controls over data processing in the organization· An expert in cost estimation and analysis· A designer of many of the systems which the computer is intended to supplant.With these responsibilities, the accountant must be actively involved in the computer acquisition process. The accountant's role is probably best carried out through participation in a team or committee effort, together with computer experts, systems analysts, production personnel, engineers, managers, and others whose functions are closely related to the information systems activity.