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Topic: Social Issues
Number of pages / Number of words: 2 / 499
Essay's paper body

"If the accountant does not record or produce reports accurately this could lead to the misrepresentation of financial statements, and create potential losses or liabilities for the company."

Financial managers and accountants work together to achieve the financial goals of their organization. The financial manager examines data prepared by the accountant and he makes recommendations to management regarding strategies for improving the company's financial strength...


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The financial manager examines data prepared by the accountant and he makes recommendations to management regarding strategies for improving the company's financial strength. Both roles play a part in the planning, budgeting, and acquiring of assets necessary to create a return on investments. It's important for financial managers to understand the principles of accounting to be able to make better business decisions and accountants should have a basic understanding of the principles of finance...


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General points of the essay

Examining Financial Statements Financial Manager's role Financial Reports Financial Statements Four Basic Financial Statements Fundamentals of Financial Statements Role of the Financial Manager role of a financial manager The Four Basic Financial Statements The Four Financial Statements What Do Users Of Financial Reports Want Analyzing Financial Statements Basic Financial Statements comparison of Medtronic's financial statements to Baxter's financial statements Role of Financial Manager

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