Related documents: 1  Articles of Confederation, March 1, 1781. 2  James Madison's Notes on the Debates in the Federal Convention, May 25, 1787. 3  George Washington Letter to Thomas Jefferson Concerning the Constitutional Convention, May 30, 1787. 4  United States Constitution, September 17, 1787.
Chief Financial Officer. The CFO or vice president of finance is the executive at the top of an accounting organizational structure. This person reports directly to the business owner or CEO and is responsible for ensuring that all aspects of accounting and finance are carried out in accordance with the company's policies.
RESPONSIBILITY ACCOUNTING. Responsibility accounting is a management control system based on the principles of delegating. and locating responsibility.The authority is delegated on responsibility centre and accounting for. the responsibility centre. Responsibility accounting is a system under which managers are given. decisions making authority and responsibility for each activity occurring within a specific area of. the company. Under this system, managers are made responsible for the activities of segments.