Accountant Manager Skill Matrix
Let’s look at a few basic questions around what accounts are for, and some of the reasons why you have to produce them or have them prepared for you. Also, why do we accountants often seem to do a lot of work in and around transactions which appear to you to be more complex than is necessary, or perhaps even completely irrelevant? The usual reasons trotted out may include some, or all, of the following: management information performance measurement keeping your finger on the pulse of your business failing to plan is planning to fail good stewardship best practice proof of performance in preparation for a sale record of value the bank wants accounts in support of your loan(s), overdrafts, equipment leases, etc Whilst each of these is a valid reason, the two primary or most important reasons are: First, the Companies Acts provide the legislative framework for incorporated businesses, and these apply to public and private companies a