Functions performed by Accounting, Finance and CPA firms
Not what you're looking for?
Explain the differences in functions between the Accounting Department of a firm, its Finance Department and its outside accounting firm.
Purchase this Solution
Solution Summary
The solution gives lists of the types of actions and responsibilities normally handled by the three levels: accounting department, finance department and CPA firm. There are 6 to 8 examples in each of the three groups.
Solution Preview
The accounting department of a firm processes and accounts for current activity of the business. Examples of the accounting function include payroll, billing, accounts payable, reconciliations, general ledger posting and preparation of monthly financial statements.
The finance department operates at a higher level and ...
Purchase this Solution
Free BrainMass Quizzes
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.