Do you feel that your accounting education has prepared you for all roles of an accountant in business?Which roles do you feel best prepared for? Which roles do you feel least prepared for?Why?

TABLE 2.1 Roles of the AccountinglFinance Function in Business Stewardship and Reporting Accountinnginance Operations Business Management Support Regulatory compliance Tax returns Stakeholder assurance Investor relations Raising capital and loans Board reports Statutory reporting Finance and accounting processes (procure to pay, order to cash, record to report, payroll and treasury} Financial closecompleting periodend accounts Financial consolidation, reporting, and analysis Providing comprehensive management information People management Using IT to make finance and accounting processes more efficient and effective Management information Planning, budgeting, and forecasting Performance measurement, reporting, and analysis Performance management Risk managementfrom strategic to operational, including fraud risk Investment appraisal Cost management Supply chain management Valuebased management Project management Change management Capital structure and dividend policy Strategic planning Professional expertise (e. g., merger and acquisition or tax) Source: Based on Improving Decision Mating in Organisatim: The Opportunity r0 Dmfarm Finance (London: CIMA, 200?), Figure 3