Accountants Have Respoinsibilities (Business Info)

(CREDITS):

--written by thewriter197

--employed by Ashford University





Accountants have responsibilities when working with a company. One of their responsibilities is reporting financial data. An accountant is suppose to be honest about the transactions a company is making. If the company has some loop holes in their business, the accountant is suppose to report it. If the company is coming up short for a couple of months, the accountant is suppose to report it. If the business is not going well, the accountant is suppose to make some adjustments and try to fix the financial situation. The accountant is also responsible for making sure the company or individual does not spend more then they need to. The accountant is suppose to make sure that the spending is not going past the month to month bills. Making money does not stop you from spending too much. Sometimes, you need to slow down and it becomes difficult at times. You want to impress people but you need to make sure that your business is strong and bills are paid. Every business must have a spending limit for month to month. An accountant must always keep certain information confidential. If they agreed to keep their mouth shut about certain information then they must keep their mouth shut at all times about certain information.







Reference:



http://smallbusiness.chron.com/ethics-managerial-accounting-3737.html