PDF-(READ)-The Controller\'s Function: The Work of the Managerial Accountant

The function of the corporate controller has come a long way from its beginning when controllers were charged simply with the recording of business transactions Todays controller must be equal parts accountant manager computer expert and detective and must fulfill these roles with resources reduced to match the lean and mean tenor of the times Yet few if any books on the subject go beyond the standard accounting functions to offer advice on the management of these diverse responsibilities The Controllers Function provides guidance and advice on every aspect of the position and pays special attention to those areas not generally addressed in the literature A strong emphasis is placed on recent technological developments that can increase the speed accuracy and efficiency with which specific tasks are completed Controllers will learn how toInstitute quickclosing procedures and supply lastperiod results more quickly Establish an online perpetual inventory system that reduces the need for a yearend physical inventory Select the optimal accounting software for the job at hand Make the most of activitybased costing manufacturing cells and electronic data interchange Other topics of special importance include an overview of internal control and business planning functions spotting and preventing fraud designing control systems developing business plans longrange financial plans and annual budgets installing and maintaining accounting data collection and internal control software disaster recovery planning and more Easytouse tables and checklists help organize tasks streamline activities and monitor progressFor company controllers assistant controllers and financial executives The Controllers Function is both an important source of useful innovative ideas and a handy quick reference for daytoday use It is also an indispensable guide for financial analysts internal auditors public accountants and anyone concerned with company financial and accounting operationsFinally a book that goes beyond the purely technical aspects of the job and examines the controllers duties and responsibilities in a variety of areasInternal control and auditing Strategic planning Annual and longrange financial planning Sales and distribution expenses Direct labor material and overhead cost analysis Research and development General and administrative expenses Cash and investments Receivables and inventory Closing procedures Performance measurements and trends Taxes and insurance Computer hardware and software trends and selection And much more. BY. DAVID . ISIAVWE. (. B.Sc. /. M.Sc. /CISSP/CISA/CISM/CGEIT/FCA).  . 1. Introduction. Review . of Extant Literature. Practical Perspectives. Conclusion . References. Outline. 2. “. The price good men pay for indifference to . UNIT – I. 1. . DEFINING THE MANAGERIAL JOB. 1.1. Descriptive Dimensions of Managerial Jobs . 1.2. Methods . 1.3. Model . 1.4. Time Dimensions in Managerial Jobs . 1.5. Effective and Ineffective Job behavior . Remuneration. INTRODUCTION. Section 197 & Chapter XIII of the Companies Act,2013 deals. According to section 197 of the Companies Act 2013 total remuneration to be paid to directors, manager and managing director should not exceed 11% of the net profits. . is used in a. Manufacturing environment.. There are unique challenges. To record journal entries,. Maintain the job order cost sheet. And. Accumulate information for. Financial Statements. Job Order Costing. Prologue. Financial and Managerial Accounting: Seven Key Differences. Work of Management. . Planning. Decision . Making. Controlling. Planning. Establish Goals. Specify How Goals . Will Be Achieved. Bob Rutherford. IESBA Meeting. New York, USA. October 2011. Definition of Professional Accountant. “An individual who is a member of an IFAC member body”. Use of definition:. IESBA – defined term, which is further sub-divided into “professional accountant in public practice” (Part B) “professional accountant in business” (Part C). La gamme de thé MORPHEE vise toute générations recherchant le sommeil paisible tant désiré et non procuré par tout types de médicaments. 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