1. The accountant and administrator
Some even think that the Public Accountant and Financial Manager the same role in companies, remember that the
formation of each is very similar, but the approach is different.
The accountant is responsible for the accounting of the company, i.e. gathering supported the economic facts which took
the company in a given period, the generation of financial statements and something very important responsibility for the
proper handling of the tax by the company.
Among the functions we have:
* The opening of the accounting books.
* Establishment of accounting system.
* Financial statements and their analysis.
* Certification of tax forms.
* Application of profits and dividend reports.
* The creation of financial reports for decision-making.
Although the public accountant was once a bookkeeper due to lack of technology, which to his slow and arduous work,
now with the existing software, the counter has the possibility of giving an added value, diagnosing the company in its
economic and financial reality.
Do we say that accounting tells the counter as you have been the company, as it is and as it will be?
This is where the financial administrator comes to play a role important due to the knowledge of the external economic
factors that influence on the Organization's finances.
The financial manager must be intuitive in its decisions, taking into account that made budgets are at the mercy of the
market, that is an important change in the market situation can make non-compliance with the proposed goals, proving
that accounting may not know what happened and which accounting results previous successes, are no guarantee of
equal results in the future.
This requires the financial administrator in the planning process to identify sources of funding more convenient, that these
resources be applied optimally, and to meet all financial commitments and present and future, certain and inaccurate to
have the company, reducing risk and increasing the economic value of the organization.
The financial manager acts on the Organization financial decisions, allowing a better projection of enterprises, being here
where the error in micro-enterprises who leave the financial area in the hands of the public accountant, because of a
policy of minimisation of the expenditure is made.
In conclusion it seems that public accountant brings to the present accounting information and the financial manager
projected towards the future, based on reliable information and using financial tools that enable you to apply the best
resources, searching for strategies to determine the method of inversion recovery time and cost as possible, in order to
meet the basic objective of the financial manager. ¨ Maximising the value of the companies.