Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Which of the following is a finance function that typically falls under the supervision of the treasurer?

Internal auditing

Cost accounting

Cash management

Financial reporting

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Verified step by step guidance

Understand the role of a treasurer in an organization. The treasurer is primarily responsible for managing the company's financial resources, ensuring liquidity, and overseeing financial risk management.

Review the listed functions: Internal auditing, Cost accounting, Cash management, and Financial reporting. Determine which of these functions align with the treasurer's responsibilities.

Internal auditing involves evaluating the effectiveness of internal controls and compliance, which typically falls under the supervision of the internal audit department, not the treasurer.

Cost accounting focuses on tracking and analyzing costs associated with production or operations, which is generally managed by the accounting department rather than the treasurer.

Cash management involves managing the company's cash flow, ensuring sufficient liquidity for operations, and optimizing the use of cash resources. This is a core function of the treasurer and falls under their supervision.