Accounting and finance each have significant responsibilities related to the firm's financial
performance; however, the accountant's role is informational, while the financial analyst's role is
critical and investigative. Therefore, we can say that:
the accountant's job stops at the presentation of information.
the analyst must rely on the accountant to assist in analyzing the financial statements because the
accountant is more familiar with their content.
financial analysts qualified to practice as CPAs may undertake both responsibilities and
eliminate any overlap of similar tasks.
the financial analyst assesses the information presented in the accountant's financial statements
to seek out problems and their ramifications for the firm.
a. the accountant's job stops at the presentation of information.
the analyst must rely on the accountant to assist in analyzing the financial statements because
b.
the accountant is more familiar with their content.
financial analysts qualified to practice as CPAs may undertake both responsibilities and
c.
eliminate any overlap of similar tasks.
the financial analyst assesses the information presented in the accountant's financial
d.
statements to seek out problems and their ramifications for the firm..
Accounting and finance each have significant responsibilities related.pdf
1. Accounting and finance each have significant responsibilities related to the firm's financial
performance; however, the accountant's role is informational, while the financial analyst's role is
critical and investigative. Therefore, we can say that:
the accountant's job stops at the presentation of information.
the analyst must rely on the accountant to assist in analyzing the financial statements because the
accountant is more familiar with their content.
financial analysts qualified to practice as CPAs may undertake both responsibilities and
eliminate any overlap of similar tasks.
the financial analyst assesses the information presented in the accountant's financial statements
to seek out problems and their ramifications for the firm.
a. the accountant's job stops at the presentation of information.
b.
the analyst must rely on the accountant to assist in analyzing the financial statements because
the accountant is more familiar with their content.
c.
financial analysts qualified to practice as CPAs may undertake both responsibilities and
eliminate any overlap of similar tasks.
d.
the financial analyst assesses the information presented in the accountant's financial
statements to seek out problems and their ramifications for the firm.
