VOCAB

Ability of a system to operate so that it can continue indefinitely
	Oversees the internal audit function and the annual audit of the financial statements
	Evaluating the results of business operations against the plan and making adjustments
	Often led by management accountants since the financial impact is the driving force in almost all business decisions
	Social, economic, environmental
	Business strategy for eliminating waste
	Elected by stockholders to oversee the company
	Hires other executives to run various aspects of the organization
	Employs the most people, except for the government
	Enacted to restore trust in publicly traded companies management, financial statements and auditors
	Managers 3 primary responsibilities
	Overseeing day-to-day operations
	Provides internal managers with accounting information
	Setting goals for the company and determining how to achieve them
	Treasurer and controller report to this position
	Ensures that internal controls and risk management policies are functioning
	Produces statements that will be used by investors and creditors

1.	Planning, directing and controlling
2.	planning
3.	directing
4.	controlling
5.	financial accounting
6.	managerial accounting
7.	board of directors
8.	CEO
9.	CFO
10.	Internal audit function
11.	audit committee
12.	cross-functional team
13.	Service sector
14.	Lean thinking
15.	Sustainability
16.	Pillars of sustainability
17.	Sarbanes Oxley Act of 2002