How Can the Accountants and the Auditors Add Value to a Business?

Author:Comment provided by ACCA Romania

JEL:M 42

DOI:

Keywords:value, advice, analisys

Abstract:
In the 21st century, accountants and auditors are expected to be multi-faceted, well-rounded individuals who can supplement their technical accounting expertise, and ethical perspective, with a range of interpersonal skills and managerial capabilities. You will be expected to ‘add value’, ‘be a business partner’, and ‘take a strategic role’.\r\nDoing these things is not without challenges, but you can’t even attempt them until you understand what they are. Unfortunately for many students, these phrases can mean so many different things that they are teetering on the brink of being meaningless. This is what this article is trying to clarify.\r\n\r\n\r\n\r\n