Transcript
Page 1: How to manage your Accounts

How to Manage your Accounts Management accounting is a key subfield which provides information to management

employees in a company. It permits managers to make important, informed business

decisions on a daily basis while maintaining said information privately. By using

management information systems combined with organization's own internal rules and

controls, management accountants create information which will be utilized in future

transactions- and never intending to be used as a record keeper of past transactions.

Cost, industrial, managerial, private, and corporate accountants are all elements that

perform some kind of management accounting. In each area, the work remains

relatively the same. On the other hand, professionals holding management accounting

positions are required to analyze and document financial information that is directly

related to their employers. They are responsible for performance evaluations, budgeting,

cost management, and asset management. Many times they are vital participants of

executive teams who are targeting new product development or strategic planning for

their company. Overall, they are responsible for evaluating financial information that is

required by corporate executives when making critical business decisions.

Management accountants have also been known to create financial reports for tax

authorities, creditors, stockholders, and even regulatory agencies. Cost accounting,

budgeting, planning, and financial analysis are also on a management accountants "to

do" list if they are employed as part of an accounting department.

We believe that management accounting is a growing field with much potential for new

hires. It is important to note, however, that most management accounting positions are

usually given to professionals with previous accounting experience or through inner

organization promotions. With the position supplying vital information needed and

used in a company's decision making, skills close to perfection are looked for when

hiring.

Our investment management approach focuses on capital preservation and total

portfolio returns over the long run. Recognition is placed on the uncertainty in investing

and the importance of macro factors. Dynamic management of the portfolio is

important with regular reviews of both asset classes and individual stocks.

Managed Discretionary Accounts

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