An accountant is a person with a special skill for numbers. Without these people, businesses and governments cannot function properly. The accountants are important because they provide accurate, timely financial information to executives and investors. They are also relied on by regulators for critical functions, such as providing opinions on 10-K filings. These professionals play a crucial role in the smooth running of modern finance. However, many people don't have an appreciation of the value of these professionals. The accounting function helps management make important decisions. In addition to reporting the costs of production, accounting helps to manage cash flow. It also provides information that can help managers plan for the future. For example, managers can use inventory ac...
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