TYou are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The CEO is not convinced that a managing accountant position is needed. Prepare a 1–2 page memo for the CEO on the following:
Explain the objectives and characteristics of an internal accounting system.Include an explanation of the importance of this information to the company.Include an explanation of ethics in business and the managerial accountant’s role in upholding the code of ethics.Grading CriteriaPercentageObjectives and characteristics of an internal accounting system35%Importance of internal accounting information to the company35%Ethics in business and the managing accountant’s role30% Please submit your assignment.For assistance with your assignment, please use your text, Web resources, and all course materials.Unit Materials