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What are some specific ethical issues managerial accountants can face while holding the position of a controller for a company that provides utility services ,
What are some specific ethical issues managerial accountants can face while holding the position of a controller for a company that provides utility services , temp power, electricity, gas, etc.? Describe a specific ethical issue you might face in that position .
The company maintains more than 48,000 miles of power lines and is an industry leader in using automated power restoration technology.
The duties of the position would include the following:
- Prepare and consolidate financial statements
- Manage controls around the accounting system
- Manage all aspects of daily accounting: A/P, A/R, vendor management, sales tax
*compliance, bank reconciliations
- Control and manage daily cash activities and treasury functions
- Provide monthly, quarterly and year-end reporting as needed
- Research accounting issues for compliance with GAAP
- Analyze and report cost variances
- Serve as the liaison to external auditors and parent company accounting team
- Ensure efficiencies across the accounting function
- Manage the recording of complex transactions
- Ensure proper balance sheet reconciliations
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