Unit 1 Managerial Acct IPYou are the manager of an accounting department and would like to hire...

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Unit 1 Managerial Acct IPYou are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The CEO is not convinced that a managing accountant position is needed. Prepare a 1page memo for the CEO on the following:   	Explain the objectives and characteristics of an internal accounting system. 	Include an explanation of the importance of this information to the company. 	Include an explanation of ethics in business and the managerial accountant’s role in upholding the code of ethics. 
	
Document Preview: Unit 1 Managerial Acct IP You are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The CEO is not convinced that a managing accountant position is needed. Prepare a 1page memo for the CEO on the following:Explain the objectives and characteristics of an internal accounting system.Include an explanation of the importance of this information to the company.Include an explanation of ethics in business and the managerial accountant’s role in upholding the code of ethics.

Robert · Accepted Answer

To: CEO 
From: Joseph, Manager of Accounting department 
Re: Appointment of managerial accountant to focus on internal accounting 
Date: 13 June 2013 
Facts: Due to the growth in business, numbers of transactions are increasing and it is 
difficult for few persons to handle huge number of tasks with efficiency and effectiveness and to 
comply with the code of conduct of business so it is necessary to appoint one additional 
managerial accountant. Managerial accountant role is to record the financial information for the 
company which is used by the management in decision making process.

Unit 1 Managerial Acct IP You are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The CEO is not convinced that a managing...

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