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Is it necessary for a finance manager to understand accounting if the firm has a professional accountant on staff?
Absolutely - at least well enough to understand what the accountant is saying. Part of the finance manager's job is to help make decisions about the company's future. All the accountant can do is tell the manager about the company's present.
Another part of the finance manager's job is to know the right questions to ask the accountant.
What else can I help you with?
Can a partly qualified accountant sign an audit report?
No, a partly qualified accountant cannot sign an audit report. Only fully qualified accountants who are members of a recognized professional accounting body and have the necessary credentials and experience are authorized to sign audit reports. This ensures that the audit is conducted in accordance with professional standards and regulations.
Is accounting a good field to find a job in?
Accounting is a great field to find a job in because accountants are always necessary! The best part of looking for a job in accounting is that one can work independently AS an accountant, or as part of the accounting department for a company that provides other services. For example, an accountant may find a job doing accounting for a hotel.
Why didn't my accountant file my taxes?
Your accountant may not have filed your taxes due to miscommunication, oversight, or a lack of necessary information from you. It's important to clarify the situation with your accountant to understand the reason for the missed filing.
Is it necessary for a business manager to understand basic accounting?
yup. because he needs to know the financial condition of the company. it is ,ore necessary if the business manager is also the owner of the company.
What type of training is necessary for a career in accounting?
In general, accounting classes are necessary for one to get a career in accounting. Websites such as AccountingCoach and AMANET can provide this training.
Is the adequate disclosure accounting concept is applied when financial statements contain all information necessary to understand a business's financial condition?
yes, yes it is
How do you solve difficult problems in accounting?
First, make sure you understand the question and that you have and understand all the components or facts you need to make the necessary calculations. You may have to calculate additional necessary numbers based on the numbers that you are given. Then look up the necessary steps for a given calculation (if you haven't memorized them), and just follow them.
What temperaments are necessary to become accountant?
You must be determined to be an accountant. It will also help if you are easy going and not too affected by stressful situations.
To effectively run a business it is necessary to hire a full-time accountant?
it is necessary to hire a full time account.
What special skills talents or personality traits are necessary for being an accountant?
you have to kind
Is there a course for accountant at unisa?
Yes, the University of South Africa (UNISA) offers courses in accounting. Students can pursue various qualifications, including diplomas, bachelor's degrees, and postgraduate programs in accounting and related fields. These courses are designed to provide the necessary skills and knowledge for a career in accounting and finance. For specific details on available programs, it's best to check UNISA's official website or contact their admissions office.
How does cost accounting connect with financial accounting and management accounting?
Management accounting gathered data or information from cost accounting and financial accounting. After that, it analyzes and interprets the data to prepare reports and provide necessary information to the management.
