ACC 202 Chapter Notes - Chapter 1: Institute Of Management Accountants, Social Capital, International Financial Reporting Standards
Document Summary
What you want to do with your business. Responsible for company"s operation (r&d, production, and distribution) Responsible for all of the company"s financial concerns. Report directly for cfo; responsible for raising capital (stocks and bonds) and investing funds and bonds) and investing funds. Responsible for general financial accounting, managerial accounting, and tax reporting. Ensure the company"s internal controls and risk management policies are functioning properly; reports directly to audit committee and cfo or ceo (managerial and financial) Oversees the internal audit function, and annual audit of the financial statements by independent cpas. People who are directly involved in achieving the basic objectives of the organization. People who provide assistance to the line positions, but do not have direct authority over line positions. Lo4: institute of management accountants (ima) and ethical. The eli broad collage of business undergraduate honor. Standards of behavior that can be observed (failure to comply with these standards may result in disciplinary action)
