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    why accounting has a broader role

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    Congratulations! You have been hired by Claire's Antiques as its new accountant. Since Claire's Antiques is a small company, you will responsible for all of its accounting functions related to financial and managerial accounting.

    You are explaining your new role to your friend. After explaining what you do, she expressed surprise about your role. She thought accountants did taxes and just 'did the books' after the real business of the company was over.

    Explain to your friend why accounting is a much broader role and the type of positions available to accountants. Use the Library and the Internet as necessary to explain to her the positions and responsibilities of managerial accountants.

    © BrainMass Inc. brainmass.com June 3, 2020, 11:19 pm ad1c9bdddf
    https://brainmass.com/business/accounting/why-accounting-has-a-broader-role-273636

    Solution Preview

    Accounting is not only related to preparation of financial statements and filing taxes to comply with regulations but a much broader and strategic function in today's business world. Accountants are involved right from the start of the strategic planning activity of an organization and are involved in critical decision making during the strategy formulation stage of the ...

    Solution Summary

    Congratulations! You have been hired by Claire's Antiques as its new accountant. Since Claire's Antiques is a small company, you will responsible for all of its accounting functions related to financial and managerial accounting.

    $2.19

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