Managerial Accounting

Abstract

Proper and sufficient internal control is very essential for businesses. The aim of internal control is to reduce financial fraud risk and financial misstatement. This memo will focuses on the managerial accounting internal control importance from management point of views. Furthermore, this memo would be addressing the company's CEO regarding the internal accounting system objectives as well as characteristics along with its importance. Beside this, there would be a portion of ethics with respect to managerial accountants preserving the ethics code.

Memo

To: CEO

From: Accounting Department Manager

Date:13th November, 2012

Subject: Hiring Another Managerial Accountant to focus on internal accounting.

Respected Sir,

As ...