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Tag Archive 'accounting'

The Role of Accounting

It has come to my attention that there is a general confusion about the role of accountants and accounting in business. Recently, a friend of mine pointed out that she was surprised that accountants did something other than handle the company’s taxes and books. In fact, she was under the impression that accountants only worked [...]

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Accounting Reports and Their Uses

The purpose of this meeting is to discuss the financial reports generated by the external accounting department and how the can be used by the Vice President of Operations and operations staff to make better decisions. It is understood that the external financial reports are not used by Operations at this time. The goal of [...]

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Company X has a number of goals for the upcoming year. These goals include expansion into other regions, increased profit margins, and new distribution centers. Prior to today’s status meeting, it was determined that profit margins are, in part, related to the costs associated with product manufacturing. Therefore, I have been tasked with making recommendations [...]

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