Accounting - Financial

Accounting, financial controls, start-up costs, and time management are some of the small business monetary responsibilities.

Accounting Roles & Functions

Controller Role

  • Control planning 
    • Risk assessments
    • Information and communication
    • Monitoring
    • Compliance objectives
  • Reporting and interpretation
  • Evaluation and consulting
  • Tax administration
  • Asset protection
  • Appraising economic status

Treasurer Role

  • Capital provisioning
  • Investor relations
  • Short term financing
  • Banking and custody
  • Credits and collections
  • Investments
  • Insurance

Accounting Vision and Strategic Goals

A balanced scorecard of objectives, measures, targets, initiatives:
  1. Financial perspectives of success to shareholders?
  2. Customer visionary perspectives
  3. Internal perspectives to 
    • Satisfy clients
    • Processes to excel
  4. Learning & growth to achieve and improve future visions

Tips for Hiring an Accountant

  1. What are your expectations?
    • Prepare a list of questions
  2. Is location important?
  3. How do at least 3 accountants compare?
    • What do colleagues say?
  4. What were your interview perceptions?

Articles

Online Accounting Software Tools