Assignment Type: Individual Project Deliverable Length:1-2 page memo Points Possible: 125 Due You are the manager of anaccounting department and would like to hire another managerialaccountant to focus on internal accounting. The CEO is notconvinced that a managing accountant position is needed. Prepare a12 page memo for the CEO on the following: Explain the objectivesand characteristics of an internal accounting system. Include anexplanation of the importance of this information to the company.Include an explanation of ethics in business and the managerialaccountants role in upholding the code of ethics