Bus 508 finance & accounting —assignment 2

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Real Business

 

 

 

Large discount retailers like Target and Walmart employ large teams of Finance and Accounting

 

professionals to help measure and understand the financial health of the business. Financial

 

and accounting information helps these businesses make educated financial decisions,

 

such as whether or not to continue partnering with a retail supplier. While often smaller

 

businesses, it is equally important for these retail suppliers to use financial and accounting

 

data to make educated decisions, such as the best approach to gaining additional funding.

 

 

Your Role

 

 

 

This week, you’ll assume the role of Senior Accountant with SunsTruck Sunglasses.

 

 

 

 

 

 

What is a Senior Accountant?

 

 

 

Senior accountants take ownership of reporting costs, profitability, margins and expenditures

 

for a given business. They use the principles of accounting to analyze sales information, create

 

financial reports, make recommendations about the financial health of the company, and

 

 

 

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