Roles and Responsibilities of an Accountant
Management accountants support strategic planning by giving managers and other important decision-makers in an organisation accurate and timely financial and nonfinancial information. They make short-term decision-making reports on a weekly or monthly basis. They describe the economic effects of the initiatives implemented by an organisation. The professionals Participate in risk management and assessment processes. They play a major role in the development of corporate strategy. Due to the senior advising nature of the management accounting position, management accountants must always act ethically and professionally.