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The Role of Accounting

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Table of Contents 1.The purpose and scope of accounting in complex operating environments . 1 1.1 Purpose of accounting within organization . 2 1.2 Scope of accounting . 2 2. Critical evaluation of the accounting function in decision making and meeting stakeholder and societal needs and expectation . 3 2.1 Accounting’s Role in Informing Decision-Making . 4 2.2 Meeting Stakeholder Needs and Expectations . 4 2.3 Societal Needs and Expectations . 5 3. Main branches of accounting and job skillsets and competencies . 6 3.1 Main branches of accounting . 6 3.2 Job skillsets and competencies . 7 4.Accounting systems and the role of technology in modern day accounting . 8 4.1 Types of Accounting Systems . 8 4.2Role of Technology in Modern Accounting . 9 5. Issues of ethics, regulation and compliance and the extent to which they are constraints or threat to the organization . 10 5.1 Ethical Issues in Accounting . 10 5.2 I...