Importance of accounting some companies are run by


Question: Importance of Accounting Some companies are run by engineers and other technical specialists. For example, a manager in a division that is now part of ArvinMeritor , an automotive parts supplier, once said that "there'd be sixty or seventy guys talking technical problems, with never a word on profits." Other companies, especially consumer products companies such as General Mills , fill top management positions primarily with marketing executives. And still others, like Berkshire Hathaway with Warren Buffett as CEO, have top managers with strong finance skills. How might the role of management accountants differ in these types of companies?

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