Accounting Project Essay, Research Paper
Accounting Project
BAC 3AA
Profile of an Accounting Department
My interview with the accountant of Robin Hood Multifoods Inc. was one of the greatest interviews I have ever experienced. The person whom I interviewed was
Mr. Jeff R. Scott. Jeff was a really nice person when I asked him questions. His desk was not as organized as I thought, because accountants are really organized. The reason is because he just got promoted from assistant controller to controller. As I asked him more and more questions, the answers that came back at me were pretty interesting.
Jeff R. Scott is a Chartered Accountant acquired at the University of Western Ontario. His requirements of completing C.A. were a business degree, he had to join a C.A. firm ? also know as an ?article?, and completing the C.A. exam. Skills included aptitude with numbers, relationships between numbers, algebra, and high-level thinking e.g. summarized data, interpreting what 3-4 pages means in 5-6 years.
What might this job lead to? This job will most likely lead onto internal audit, managerial, and vice pre
How much influence does Jeff R. Scott have in the department/company? In his own words, ?I?m in full control. I tell people what to do, whom to fire, whom to hire, what their salary should be. Why? Because I?m the controller?. He has leadership, teamwork. Does not really have a routine set for his staff, as long as the work is done. The working hours what the company refers to as ?flex-time?. Hours of work for Jeff R. Scott is
7 a.m. ? 6 p.m. For the staff, it is 7 ? hours. The salary for Jeff R. Scott is between $90,000 – $120,000.
Here are some extra information that I fount out. There are a total of 54 ? employees working in the accounting department (the ? represents the co-op employee). There are 2 ? at internal audit; 12 in accounts receivable and credit; 16 in operational; 9 in corporate (finance); 13 in information system (maintenance). Accounting is also divided into 2 branches, external auditors, and internal auditors. External auditors include treasury (corporate taxes), legal reporting, consolidations, and legal entry. Internal auditors include supporting the business, making financial decisions, and gross profit analysis.