Explain the objectives of an internal accounting system


Discussion Post: Managerial Accountant to Focus on Internal Accounting

You are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The CEO is not convinced that a managing accountant position is needed. Prepare 1 to 2 pages memo for the CEO on the following:

1) Explain the objectives and characteristics of an internal accounting system.

2) Include an explanation of the importance of this information to the company.

3) Include an explanation of ethics in business and the managerial accountant's role in upholding the code of ethics.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Explain the objectives of an internal accounting system
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