CIMA BA2 Syllabus A. THE CONTEXT OF MANAGEMENT ACCOUNTING - IFAC Definition and Role of an Accountant - Notes ^{5 / 6}

The Role Of An Accountant In Business

It is somebody who is:

1. Professional - has knowledge and is skilled via examinations and continually kept up to date

2. Ethical

3. Overseen by a professional body (In this case - CIMA)

In Business means:

- They are a member of (or support to) a management team

- They create Value

How?

- Analysis of information

- Measuring and Reporting Performance

- Controlling and Forecasting Costs

- Reducing waste / inefficiencies

- Managing Risks