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CPA Senior Management Accounting and Miscellaneous Information

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CPA Senior Management Accounting

CPA Senior Management Accounting: The Council may designate any committee as a “senior” committee. The appointment by the chairman of the Board of Directors of members and any appointed to senior committees shall require the approval of the Board of Directors. The scope of responsibility of senior committees shall be as the Council may prescribe consistent with the specific provisions of the bylaws. The Board of Directors shall prescribe the duties, powers, and procedures of such committees.

CPA Senior Management Accounting: Executive Committees

Executive committees are the standing parent group responsible for Policy-setting in an area of activity. The Board of Directors acts as the executive committee of Council, directing Institute activities between Council meetings.

Senior and Executive Committees are as follows: (  denotes Senior Committees)

  • Accounting and Review Services Committee
  • Assurance Services Executive Committee
  • Auditing Standards Board
  • Board of Examiners
  • Business and Industry Executive Committee
  • Center for Audit Quality Governing Board
  • Employee Benefits Audit Quality Center Executive Committee
  • Financial Reporting Executive Committee
  • Forensic and Valuation Services Executive Committee
  • Governmental Audit Quality Center Executive Committee
  • Information Management and Technology Assurance Executive Committee
  • Management Consulting Services Executive Committee
  • National Accreditation Commission
  • PCPS Executive Committee
  • Peer Review Board
  • Personal Financial Planning Executive Committee
  • Pre-Certification Education Executive Committee
  • Professional Ethics Executive Committee
  • Professional Practice Executive Committee
  • Tax Executive Committee
  • Women’s Initiatives Executive Committee

CPA Senior Management Accounting: Staff Accounting 

Staff-Financial Accounting & Reporting (1-3 years) works under the direction of a Senior Accountant performing detailed work assignments in one or several of the following areas: receivables, payable, payroll, property, general ledger and financial statements.

Staff-Management Accounting (1-3 years) works under the direction of a Senior or Manager in collecting detailed cost data. May be responsible for preliminary cost analyses and report preparation.
Staff-Tax Accounting (1-3 years) works under the direction of a Senior or Manager in preparing returns or various schedules for review.
Staff-Internal Audit (1-3 years) works under the direction of a Senior or Manager in conducting compliance audits and tests internal controls and information systems.
Senior Financial Accounting & Reporting (3-6 years) supervises the work performed in one or more of the general accounting areas such as receivables, payable and financial reporting. May also be responsible for special reports and analyses involving financial data.
Senior-Management Accounting (3-6 years) is typically responsible for a segment of the overall management accounting system and is often assigned special or project cost studies.
Senior-Tax Accounting (3-6 years) is responsible for one or more of the following areas: federal, state, and local income taxes; sales tax, property tax, or payroll tax.
Senior-Internal Audit (3-6 years) supervises the testing of internal control and accounting information systems. Frequently conducts statistical samples of document approval, performs special tests to uncover defalcations and performs operational audits for profit improvement recommendations.

CPA Senior Management Accounting

Financial Accounting & Reporting Manager (6+ years) assists the Controller and is often charged with responsibility for one of the functional areas such as financial accounting or budgetary planning and control. Will coordinate and direct the work of personnel involved in detailed accounting entries, internal financial reporting and financial statements.
Management Accounting Manager (6+ years) directs staff responsible for developing and modifying the management accounting system. Develops product costing techniques, institutes cost control measures, insures timely and accurate labor, material, and overhead reports, supervises the undertaking of special cost studies and periodically reviews allocation of overhead costs.
Tax Manager (6+ years) reports to the Controller and directs the staff responsible for determining the organization’s liability to various taxing authorities for income tax, licenses, sales tax, property tax and payroll tax. Also analyzes the effect of tax accounting alternatives and studies laws and regulations to ensure correct application of new tax measures.
Internal Audit Manager (6+ years) directs the staff responsible for systematically sampling the adequacy and the reliability of the internal control systems. Makes recommendations for changes as needed, and ensures that company policies and procedures are followed and establishes the proper techniques to discover and prevent fraud. Also selects areas of concern for operational auditing.
Assistant Controller reports to the Controller and assists in the supervision of day-to-day collection and interpretation of accounting data. Oversees statutory and management reporting functions, though scope varies with firm size. Prepares detailed journal entries and account analyses. May assist in tax return and financial statement preparation.

CPA Senior Management Accounting

Controller functions as the Chief Accounting Executive responsible for organising, directing, and controlling the work of the accounting personnel in collecting, summarising and interpreting financial data for the use of management, creditors, investors, and taxing authorities. As a member of the top management team, helps develop forecasts for proposed projects of the organisation, measures actual performance against operating plans and standards, and interprets the results of operations for all levels of management.
Chief Financial Officer (CFO) Advises the President or CEO of the organization with respect to financial reporting, financial stability, liquidity and growth, and financial strategy, design and execution. He or she directs and supervises the work of the Controller, Treasurer, and sometimes the Internal Auditing Manager. Other duties may include maintenance of relationships with stockholders, financial institutions and the investment community. Frequently, the CFO is a member of the Board of Directors and/or the Executive Committee and, as such, contributes to overall organization planning, policy development and implementation.Staff Positions at Not-For-Profit Organisations vary depending on the size of the organisation.

CPA Senior Management Accounting

Staff-Financial Accounting & Reporting (1-3 years) works under the direction of a Senior Accountant performing detailed work assignments in one or several of the following areas: receivables, payable, payroll, property, general ledger and financial statements.
Staff-Internal Audit (1-3 years) works under the direction of a Senior or Manager in conducting compliance audits and tests internal controls and information systems.
Senior-Financial Accounting & Reporting (3-6 years) supervises the work performed in one or more of the general accounting areas such as receivables, payable  and financial reporting. May also be responsible for special reports and analyses involving financial data.
Senior-Internal Audit (3-6 years) supervises the testing of internal control and accounting information systems. Frequently conducts statistical samples of document approval, performs special tests to uncover defalcations and performs operational audits for profit improvement recommendations.
Controller functions as the Chief Accounting Executive responsible for organising, directing, and controlling the work of the accounting personnel in collecting, summarising and interpreting financial data for the use of management, creditors, investors, and taxing authorities. As a member of the top management team, helps develop forecasts for proposed projects of the organisation, measures actual performance against operating plans and standards, and interprets the results of operations for all levels of management.
Chief Financial Officer (CFO) is typically designated Vice President–Finance. The CFO advises the President of the organisation with respect to financial reporting, financial stability and liquidity, and financial growth. Directs and supervises the work of the Controller, Treasurer, and sometimes the Internal Auditing Manager. Other duties may include maintenance of relationships with financial institutions.

CPA Senior Management Accounting

Audit Committees
Positions are available as an Audit Committee Chair or Audit Committee Member for public companies, private companies and not-for-profit organizations.

 CPA Senior Management Accounting

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