What is the role of the accounting department?

manage financial transaction and manage all assets records correctly

The accounting department is responsible for the preparation of financial statements and closing the books at the end of the month . The accounting department is also responsible for paying employees and vendors, and financial  Controls.

The accounting department is responsible for recording and reporting the cash flow transactions of a company. This department has some key roles and responsibilities, including accounts receivable, accounts payable, payroll, financial reporting, and maintaining financial controls.