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Public accountants and financial managers

Public accountants and financial managersSome even think that the Accountant and Financial Administrator fulfill the same role in business, remember that the formation of each is very similar, but the approach is different.

The practitioner is responsible for the accounts of the company, the collection withstand economic events experienced by the company in a given period, generating financial statements and a very important responsibility for the proper management of tax by the company.

Even before the Accountant was a bookkeeper because of the lack of technology, which made their work difficult and slow, now with the existing software, the practitioner has the ability to add value, diagnosing the company in its reality economic and financial.

But the question is: is that just the accounting information the practitioner can make economic projections, identify trends and formulate appropriate strategies against different economic situations that may arise in the organization?

Can we say that the accounts tells the counter as it has been the company, as it is and how will it be?

This is where the money manager gets to play an important fact due to the knowledge of external economic factors that influence the organization’s finances.

The financial manager must be intuitive in its decisions, bearing in mind that budgets are made at the mercy of the market, ie a change in market conditions can not meet the targets, demonstrating that the accounts can not know what happened and financial results earlier successes, are not guarantees of equal results in the future.

This requires that the Financial Manager in the planning process identify the most suitable funding sources, as these resources are applied optimally, and thus able to meet all current and future financial commitments, certain and imprecise that has the company, reducing risk and increasing the economic value added of the organization.

Financial Manager acting on financial decisions of the organization, which allows a better projection of the companies, being here where the mistake in the microenterprises those leaving the financial area in the hands of the Accountant due to a policy of minimization spending.

In conclusion it seems that the practitioner brings to mind the accounting and the Financial Manager into the future, based on reliable information and using financial tools necessary to implement the best resources, looking for strategies to determine the method of Payback time at the lowest possible cost, to meet the basic objective of the Financial Manager. ยจ Maximize the value of companies.

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