Claire's Antiques as its new accountant
Not what you're looking for?
****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.
Purchase this Solution
Solution Summary
This solution is comprised of a detailed explanation to answer the request of the assignment of more than 300 words of text.
Solution Preview
Managerial accountants have a wider responsibilities and broader role than normal accountants who will only prepare each quarter's financial statements to be issued to the company's shareholders.
The accounting system is used to provide financial statements to interested external users, plan the operations of the organization in both short and long run, and control the results of ...
Purchase this Solution
Free BrainMass Quizzes
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Motivation
This tests some key elements of major motivation theories.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.