Jacobs Print Ltd: A Case Study Concerning the Organisation of an Accounts Department
Though the accounts department may occasionally be referred to as a necessary evil, it is in practice a vital part of every business. Certainly, it is not a production department, but it is a service department providing a service to people within and outside the business and without which no business can survive. It is only when the performance of the department drops below acceptable standards that it may be described as an evil — but then it is an unnecessary evil, one of which the business should divest itself immediately by raising the standard of the department to a proper level.
KeywordsCash Flow Capital Expenditure Account Department Previous Accountant Account Supervisor
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