Recommendation for Internal Accountant Essay Example for Free

Recommendation for immanent Accountant EssayInternal Auditing is an independent, objective self-assertion and consulting activity designed to add value and improve an organizations operations (What is essential auditing?, 2010). Internal report control is a series of procedures designed to promote and protect sound management practices, both general and financial that will increase the likelihood that * Financial information is reliable, so that managers and the board can buoy depend on accurate information to make programmatic and other decisions * Assets and records of the organization atomic number 18 not stolen, misused, or accidentally destroyed * The organizations policies argon followed* And government regulations are met (Internal Accounting, 2011). It is important to have an essential accountant accessible to help instill these controls and ensure compliance with Generally Accepted Principles.Internal AccountantsManagement accountants and ind substantiallying a uditors are both imperative to a company to help with internal controls. Management accountants study and interpret handicraft numbers, and decide on how money should be spent and advise management on key pipeline decisions (Career Management Accountants and Internal Auditors, 2011). Internal auditors check the records of management accountants to make sure they are accurate and that the controls are in place to protect against fraud and waste (Career Management Accountants and Internal Auditors, 2011).Internal AuditorThe internal auditor recommended should have a minimum of a bachelors degree in accounting or a related field. This person should also have experience in information technology, surround and compliance if possible. The perfect candidate should also have prior experience in verifying impelling organizational internal controls to ensure that records are accurate and the controls are adequate (Accountants and Auditors, 2011). He/she should also be able to recommend and review controls for the organizations computer systems to s=ensure their reliability and rightfulness of the data (Accountants and Auditors, 2011).ConclusionInternal audit standards are mandatory requirements consisting of * Statements of basic requirements for the professional practice of internal auditing and for evaluating the effectiveness of its performance * Interpretations, which clarify terms or concepts within the statements (International Standards for the Professional Practice of Internal Auditing, 2010) The internal accounting position should be filled by a potential candidate that works well with others and has knowledge of the business itself.