Explain the objectives and characteristics of an internal


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

  • Explain the objectives and characteristics of an internal accounting system.

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Accounting Basics: Explain the objectives and characteristics of an internal
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