Question

Discuss the role of an accountant in the modern business world.

Answer 1

Answer:

Put simply, the responsibilities and roles of an accountant in modern organization are to provide financial information to management by researching and analyzing accounting data and then preparing reports.

Answer 2

In general terms, an accountant of a business organization will be responsible for collection of amounts due to the organization, payments to creditors, recording these as well as all other financial transactions in the company’s books of accounts and financial reporting to the management from time to time.

An accountant plays an important role in the profitable running of the business and provides valuable input to the management in taking important business decisions.