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Accounting Functions And Organizational Functions.edited

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Running head: ACCOUNTING FUNCTIONS AND ORGANISATIONAL FUNCTIONS Accounting Functions and Organizational Functions Name Institutional Affiliation 1 ACCOUNTING FUNCTIONS AND ORGANISATIONAL FUNCTIONS 2 The accounting functions serve to provide book-keeping services for every operation of the firm, which are the daily activities of the firm, which got some impacts on the financial position of the firm. Therefore, the accounting functions should not be integrated with another organizational purpose. It should be kept independently so that the company’s assets are not affected. It is essential to separate accounting functions from other functions since accounting information is vital in communicating the firm's current position and its future plans. Accounting functions need to be distinguished from different organizational features since it stands to be the control system of an organi ...
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