1 - 1 Accounting role as element of a control system of any organization Soniev Jamoliddin. - презентация

1 1 - 1 Accounting role as element of a control system of any organization Soniev Jamoliddin

2 1 - 2 Contents 1) -Accounting 2) -Users of Accounting Information 3) -Management accountants role 4) -Conclusion

3 1 - 3 Accounting is the process of recording, reporting, analysing and interpreting financial data and accounting information which is then communicated internal and external users of this information

4 1 - 4 Management Accounting It measures and reports financial and nonfinancial information that helps managers make decisions to fulfill the goals of an organization.

5 1 - 5 Financial Accounting Its focus is on reporting to external parties. It measures and records business transactions. It provides financial statements based on generally accepted accounting principles.

6 1 - 6 Users of Accounting Information Management Accounting Process of identifying, measuring, accumulating, analyzing, preparing, interpreting, and communicating information used by: Financial Accounting Develops information for external decision makers: Stockholders, Suppliers, Banks, Government Authorities Managers

7 1 - 7 Planning and Control Accounting information helps managers plan and control the organizations operations. Planning: Setting objectives and outlining how the objectives will be obtained. Control: Implementing plans and using feedback to evaluate the attainment of objectives.

8 1 - 8 Accountings Position in the Organization Management accountants role as consultant Collects and compiles information Prepares standardized reports Interprets and analyzes information Is involved in decision making

9 1 - 9 Conclusion Accounting generated the interesting, creative and well paid profession. The accountant has a great influence on adoption of administrative decisions. The main objective of the accountant to provide the management the enterprise with necessary information for adoption of administrative decisions.

10 Thank you for attention!