会计并不仅限于公司的财务部门。这个人也有责任在管理过程中发挥重要作用。预计会计师有三个工作领域 – 经过彻底的审计会议后的损益分析，现金流量分析和资产负债表的生成（Rudkin，2007）。这意味着该人应该熟悉风险和回报的预测，以保持业务的可持续性。此外，这些风险会影响业务绩效以及业务系统在组织内的运作方式。研究表明，会计师在其流程和策略中扮演多重角色来管理组织。
The accounting world has experienced several changes in recent times. The introduction of technology has simplified the use of accounting. The accountants do not have to manually prepare performance reports and develop database. Instead, the accountant can directly prepare financial reports with the help of accounting software. In the future, accountants are expected to take financial decisions and minimize taxes that can increase the wealth of business. Good accountant has the potential to develop budget and advice businesses on their account statements. Risk and return do not have serious roles in the life of an accountant, but they act as fundamental for the accounting profession. This paper analyses the role and explains the need of risk and return in accounting field.
Role of an accountant
Accountant is not confined to just the financial department of the firm. The person is also liable to play a vital role in the management processes. There are 3 areas where accountants are expected to work – analysis of profit and losses, cash flow analysis and production of balance sheet after a thorough audit session (Rudkin, 2007). This implies that the person is supposed to be adept with the forecast of risks and returns to keep the business sustainable. In addition, these risks influence the business performance and the way business systems function within the organization. The studies show that accountants play multiple roles to govern the organization in its processes and strategies.