Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is accountability is all about, from a business context?

user-image
Question added by Nagmeldin Mohamed , Finance Officer , World Food Program - Sudan
Date Posted: 2014/03/31
Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Accountability is an individual or departmental responsibility to perform a certain function. Accountability may be dictated or implied by law, regulation, or agreement. A framework for justifying management organizational actions, whether they are financial or employment-related.

Abdul Samad Nadeem Malik
by Abdul Samad Nadeem Malik , Business Support Officer , Thimar Al Jazirah - 3M ESPE

Accountability forces an accountant to be careful and knowledgeable in their professional practices, as even negligence can cause them to be legally responsible.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.