financial and accounting manager job description

... Trang 1IMPLEMENTING FINANCIAL AND ACCOUNTING SYSTEMS FOR GOVERNMENT CHRISTIAN T SOTTIE THE CONTROLLER AND ACCOUNTANT-GENERAL GHANA Trang 2• Today, strong financial management in the ... governance, by providing real-time financial information that financial and other managers can utilize to effectively administer programs, develop budgets and manage resources. • During the past ... legitimacy, produced timely and efficient accounting of public resources, increased government accountability and transparency and made it possible to audit public accounts and strengthen internal

Ngày tải lên: 30/11/2016, 22:30

... considered difficult to understand and abstract, and the related matters and implications quite complex, being insufficiently treated, discussed and explained by specialized works and publications Consequently, ... attention and motivated us to multilaterally study the theory and conceptual, methodological-logical and pragmatic bases of the „Financial and accounting management of the public institutions of higher ... internal audit of the accounting system and its reliability, the extent to which the activity of internal audit manages to provide reasonable assurances with respect to financial and accounting activity,

Ngày tải lên: 10/12/2016, 17:15

... Company Accounting Oversight Board (PCAOB) Financial Accounting Standards Board (FASB) Accounting World Trang 12How much is 2 + 2 ? • The engineer pulled out his slide rule and shuffled it back and ... help managers make informed decisions How about the outputs of FA? • Full and fair information for external users vs Protection of sensitive information • Standard reports to meet standard accounting ... (GAAP) made by Financial Accounting Standards Board (FASB) – U.S companies • International Financial Reporting Standards (IFRS) made by International Accounting Standards Board (IASB) – Most international

Ngày tải lên: 08/05/2018, 10:06

... Can we put all financial information in the financial statements?25 Trang 26Notes to Financial Statements1 Summary of significant accounting policies. – assumptions, estimates, and judgments – ... and the statement of cash flows. • Recognize the need for financial statement notes and identify the types of information included in the notes. • Describe the purpose of an audit report and ... Thomson, the Star logo, and South-Western are trademarks used herein under license 1 Trang 2LEARNING OBJECTIVES• Understand the basic elements, uses, and limitations of the financial statements

Ngày tải lên: 08/05/2018, 10:07

... Computers Changed the Accounting Cycle? • Allows businesses to calculate vast amounts of data quickly. • Eases posting of journal entries and summarizing the data into reports and financial statements. ... your job! Trang 28Practice #3 – 42/p 115Trang 29• Record journal entries • Posting journal entries to accounts in the ledger • Trial balance • Prepare financial statements Trang 301 Ray and Barbara ... accounts in the ledger Trang 10Double Entry Accounting • Debits must ALWAYS equal credits! – If for every transaction, debits equal credits, then the accounting equation will balance Trang 12Practice

Ngày tải lên: 08/05/2018, 10:07

... and unearned revenues. • Explain the preparation of the financial statements, the explanatory notes, and the audit report. • Complete the closing process in the accounting cycle • Understand ... correct? • review accounting systems. – Would you trust the financial reports prepared in an accounting system that is haphazard, with many missing documents? • Attaches audit report and distributes ... Trang 19Practice E4-26/16419 Trang 20Preparing Financial StatementsFour step process using the trial balance: 1 Identify all revenue and expense accounts and prepare the income statement 2 Compute

Ngày tải lên: 08/05/2018, 10:07

... Accounting judgments – Different incentives • Fraud – Intentional errors – Management manipulates financial statements to deceive investors Trang 5Accounting Errors • Errors in transactions and ... check and balance • Internal Auditors – Ensure integrity in the financial records – Evaluate and encourage adherence to internal controls • External Auditors – Ensure integrity in the financial ... audits of financial statements Trang 18What Auditors Do • Processes used by auditors – Interview (internal and external) – Observation (internal and external) – Sampling (internal and external)

Ngày tải lên: 08/05/2018, 10:07

... transactions (d) Accounting of both financial and non-financial transactions (2) Accounting concept is: (a) Theory of accounting (b) Procedures of accounting (c) Rules of accounting (d) Practice of accounting ... treatment of accounting concepts Check Your Progress 2 (1) Financial Accounting is: (a) Accounting of business transactions (b) Accounting of Financial transactions only (c) Accounting of Non-financial ... account is having the credit balance 1.12 FINANCIAL VS MANAGEMENT ACCOUNTING Financial accounting and management accounting both prepare and analyze financial data However, certain aspects of

Ngày tải lên: 25/11/2016, 09:29

... equity. 4 D revenue. Accounting information focused on the needs of external users is 1 A financial accounting. 2 B managerial accounting. 3 C claims accounting. 4 D not-for-profit accounting. In a ... _ to learn about the company 1 A financial accounting information 2 B managerial accounting information 3 C not-for-profit accounting information 4 D both A and C Trang 2During 2007, Cruz Company ... Internal Revenue Service Generally accepted accounting principles (GAAP) are measurement rules for 1 A managerial accounting. 2 B tax accounting. 3 C financial accounting. 4 D measuring the cost of

Ngày tải lên: 09/03/2017, 08:37

... Internal Revenue Service Generally accepted accounting principles (GAAP) are measurement rules for 1 A managerial accounting. 2 B tax accounting. 3 C financial accounting. 4 D measuring the cost of ... both B and C Trang 4A stockholder in a corporation would use _ to learn about the company 1 A financial accounting information 2 B managerial accounting information 3 C not-for-profit accounting ... information focused on the needs of external users is 1 A financial accounting. 2 B managerial accounting. 3 C claims accounting. 4 D not-for-profit accounting. As of December 31, 2007, Bueno Company

Ngày tải lên: 09/03/2017, 08:37

... internal and external users are 1 forensic accounting and financial accounting 2 managerial accounting and financial accounting 3 managerial accounting and environmental accounting Trang 74 financial ... 2 the Financial Accounting Standards Board must be fair and unbiased in its deliberations over new accounting standards 3 accounting principles must meet the objectives of the Security and Exchange ... analyzed, and reported Which of the following groups are considered to be internal users of accounting information? 1 Employees and customers 2 Customers and vendors 3 Employees and managers

Ngày tải lên: 09/03/2017, 08:48

... information is generated by a computer based accounting system The principal difference between management accounting and financial accounting is that financial accounting information is: 4. D Oriented ... include in financialstatements The Sarbanes-Oxley Act of 2002 created: 1. A The Security and Exchange Commission 2. B The Financial Accounting Standards Board 3. C The Public Company Accounting ... to specific managerial decisions Trang 63. C Record the financial transactions of an economic entity.4. D Determine the taxable income of individuals and business entities Financial accounting

Ngày tải lên: 09/03/2017, 08:48

... rules of debit and credit in the opposite manner? 1 a.Prepaid Insurance and Dividends 2 b.Advertising Expense and Land 3 c.Dividends and Medical Fees Earned 4 d.Interest Payable and Common Stock ... rules of debit and credit in the same manner? 1 a.Revenue from Services and Equipment 2 b.Prepaid Rent and Advertising Expense 3 c.Repair Expense and Notes Payable 4 d.Common Stock and Rent Expense ... increase 2 b.total liabilities and stockholders' equity decrease 3 c.total assets decrease 4 d.total assets remain the same 81 Free Test Bank for Financial and Managerial Accounting 9th Edition Needles

Ngày tải lên: 09/03/2017, 09:25

... rules of debit and credit in the opposite manner? 1. a.Prepaid Insurance and Dividends 2. b.Advertising Expense and Land 3. c.Dividends and Medical Fees Earned 4. d.Interest Payable and Common Stock ... Trang 181 Test Bank for Financial and Managerial Accounting 9th Edition Needles Multiple Choice Questions The cost principle relates ... accounts follows the rules of debit and credit in the same manner? 1. a.Revenue from Services and Equipment 2. b.Prepaid Rent and Advertising Expense 3. c.Repair Expense and Notes Payable Which of the

Ngày tải lên: 09/03/2017, 09:25

... statements best describes managerial accounting? 1 A) Managerial accounting focuses on information for internal decision making. 2 B) Managerial accounting focuses on outside investors and lenders that ... Bank for Financial and Managerial Accounting 2nd Edition Charles Horngren Multiple Choice Questions - Page 1 Which of the following is likely to be a user of information in a financial accounting ... represent in accounting? Trang 61 A) Globally accepted and accurate policies2 B) Global accommodation accounting principles 3 C) Generate accurate accounting policies 4 D) Generally accepted accounting

Ngày tải lên: 09/03/2017, 09:26

... best describes managerial accounting? 1 A) Managerial accounting focuses on information for internal decision making. Trang 42 B) Managerial accounting focuses on outside investors and lenders ... represent in accounting? 1 A) Globally accepted and accurate policies 2 B) Global accommodation accounting principles 3 C) Generate accurate accounting policies 4 D) Generally accepted accounting ... of information in a financial accounting setting? 1 A) Taxing authorities 2 B) Other businesses 3 C) Potential investors 4 D) All of the above Items such as buildings and land are: 1 A) liabilities.

Ngày tải lên: 09/03/2017, 09:26

... Trang 191 Test Bank for Financial and Managerial Accounting The Basis for Business Decisions 17th Edition Williams Multiple Choice Questions ... assets and incurrence of liabilities. 3 C Payment of liabilities and unprofitable operations. 4 D Distributions of assets to the owners and unprofitable operations. If total assets equal $270,000 and ... the first asset listed, followed by permanent assets (such as land and buildings), and finally by assets such as receivables and supplies. 3 C Liabilities are listed before owners' equity.

Ngày tải lên: 09/03/2017, 09:26

... Assets and Liabilities 2 Current and Noncurrent items 3 Liabilities and Stockholders' Equity Trang 124 Resources invested by the owners and amounts borrowed from creditorsExternal users of financial ... Income Statement and Statement of Retained Earnings 2 Balance Sheet and Statement of Cash Flows 3 Statement of Retained Earnings and Statement of Cash Flows 4 Balance Sheet and Statement of Retained ... Net Income Dividends = Ending Retained Earnings 99 Free Test Bank for Cornerstones of Financial and Managerial Accounting 2nd Edition by Rich Multiple Choice Questions - Page 2 Barnes Restaurant

Ngày tải lên: 09/03/2017, 09:27

... for Cornerstones of Financial and Managerial Accounting 2nd Edition by Rich Multiple Choice Questions Which one of the following groups is considered an internal user of financial statements? ... Bank for Cornerstones of Financial and Managerial Accounting 2nd Edition by Rich Multiple Choice Questions - Page 2 Which of the following is the correct date format for the financial statement heading? ... future cash flows? 1 Financial Accounting 2 Auditing 3 Managerial Accounting Which one of the following financial statements reports an entity's financial position at a specific date? 1 Balance Sheet

Ngày tải lên: 09/03/2017, 09:27

... consumers 3 C financial institutions 4 D governments Accounting information focused on the needs of external users is 1 A financial accounting. 2 B managerial accounting. 3 C claims accounting. ... Securities and Exchange Commission 3 C the Financial Accounting Standards Board 4 D the Internal Revenue Service A stockholder in a corporation would use _ to learn about the company 1 A financial accounting ... revenues. 4 D liabilities. Generally accepted accounting principles (GAAP) are measurement rules for 1 A managerial accounting. 2 B tax accounting. 3 C financial accounting. 4 D measuring the cost of

Ngày tải lên: 10/03/2017, 10:45