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You Are the Manager of an Accounting Department and Would Like to Hire Another Managerial Accountant to Focus on Internal Accounting. the Ceo Is Not Convinced That a Managing Accountant Position Is Needed.

In: Business and Management

Submitted By twolfe420
Words 280
Pages 2
Memo

TO: JOE SMITH

From: Billy Joe

Date: 10/06/10

Re: Managerial Accountant

Message:

With us trying to obtain this new contract I feel it is now very important that we put together a 5-year plan, and in doing this I believe it is in the company’s best interest to hire another managerial accountant to focus on internal accounting.

Managerial accounting is an activity that provides financial and non-financial information to an organization’s managers and other internal decision makers. This manager’s responsibilities will include formulating strategy, directing and controlling operations, and organizing resources to accomplish the company’s long-term goal.

This will help us to gain more information about cost for planning and control decisions. The information gathered will also get to our managers in a more time efficient manner resulting in each division manager being able to improve on the areas they are lacking before they reach failure. This information will also help us to always offer the customer the right product at the right price in the right place at the right time resulting in continues customer satisfaction.

Hiring a new managerial accountant will help us in our fight against fraud and other dilemmas by implementing a code of ethics to help employees do right from wrong and by following the IMA’s Statement of Ethical Professional Practice she/he will be able to resolve most ethical conflicts. Fraud cost the company money and this will help in reducing some of our cost by having an internal control system to monitor and control business activities.

Please consider filling this position to help in the success and future of our…...

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