The Controller's Function: The Work of the Managerial Accountant
"The Controller's Function, Third Edition is the go-to resource where new and established professionals can find the most up-to-date information for enhancing their performance and sustaining their company's competitive advantage." In this new Third Edition, coauthors Janice Roehl-Anderson and Steven Bragg provide a revised and expanded version of their indispensable operations reference work. Accurate and relevant, The Controller's Function gives CFOs and managerial accountants a complete...
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Take control and stay competitive in today's marketThe Controller's Function, Third Edition is the go-to resource where new and established professionals can find the most up-to-date information for enhancing their performance and sustaining their company's competitive advantage.In this new Third Edition, coauthors Janice Roehl-Anderson and Steven Bragg provide a revised and expanded version of their indispensable operations reference work. Accurate and relevant, The Controller's Function gives CFOs and managerial accountants a complete overview of the multifaceted job of the controller—from the most basic "bread-and-butter" aspects to the most advanced.From describing essential competencies to detailing the more sophisticated skills like activity-based and target costing, disaster recovery planning, and outsourcing, The Controller's Function offers numerous real-world examples, expertly balancing both the technical and managerial sides of the job. Busy professionals can quickly access the latest information on:Controls best practicesShared services trendsOutsourcing implicationsPerformance measurementsCost of capitalTax strategyFinancial strategyJust-in-time accountingReports to the Securities and Exchange CommissionCustomer relationship managementChecklists for new controllers
1The controller's job12Internal control123Planning and the strategic plan634Long-range financial plan795Annual plan936Sales1197Distribution expenses1358Direct materials and labor1519Overhead17110General and administrative expenses19611Cash and investments20412Receivables21913Inventory22714Property, plant, and equipment24915Liabilities26616Equity27417Operational accounting29218Closing procedures30919Performance measurements and trends31920Financial analysis34021Taxes36622Selecting a financial information system37623Project risk management39924Implementing a successful CRM solution41025Organizations large and small embrace shared services41626Information technology offshore and outsourcing42827Change management437App. ANew controller checklist450
