Cover image for Controllership, the work of the managerial accountant
Controllership, the work of the managerial accountant
Roehl-Anderson, Janice M.
Personal Author:
Seventh edition.
Publication Information:
Hoboken, N.J. : Wiley, [2004]

Physical Description:
xxiii, 1151 pages : illustrations ; 26 cm
General Note:
Includes index.
Format :


Call Number
Material Type
Home Location
Item Holds
HG4026 .H43 2004 Adult Non-Fiction Central Closed Stacks-Non circulating

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The complete guide for today's controller

The controller-the chief accounting executive of a corporation-has several primary responsibilities. These include planning and control (i.e., budgeting), financial reporting and interpreting, tax administration, management-level audits and accounting system development, and overseeing internal and EDP audits. Controllership , Seventh Edition provides a complete overview of all the management-level accountant's functions in a corporation.

The Seventh Edition features new and revised chapters on e-business, inventory valuation, accounting best practices, business planning, strategic planning, and tax planning. All technology chapters have been brought up to date as well.

Instead of providing a tedious catalog of government and regulatory standards, Controllership , Seventh Edition emphasizes how to meet job requirements. The focus remains on what role the controller should play in the company, with discussion outlining major accounting processes, financial tools, and pertinent tax issues. The information is geared to the goal of helping controllers or other accounting-trained financial executives use their technical expertise to lead the growth and development of a business on a sound financial basis. Like earlier editions, the Seventh Edition provides the intellectual tools needed for the controller to evolve from a financial fact recorder to a strategic analyst involved in planning and control. Controllership , Seventh Edition is the most comprehensive guide to today's profession.

Author Notes

Janice M. Roehl-Anderson is a practice leader at Deloitte & Touche, Denver. She is responsible for facilitating services to all clients in the Colorado area. Prior to joining this firm, she was a principal at Ernst & Young's Denver office, specializing in project management and software installation. She speaks at numerous hardware and software conferences as well as lectures at the University of Southern California. She is the coauthor of The Controller's Function.

Steven M. Bragg, CPA, CMA, CIA, CDP, CPM, CPIM , has been Chief Financial Officer or Controller of four companies, as well as a consulting manager at Ernst & Young. He received a master's degree in finance from Bentley College and an MBA from Babson College. He is the author of Cost Accounting: A Comprehensive Guide, Advanced Accounting Systems, Outsourcing, Accounting Best Practices, and Managing Explosive Corporate Growth. He is the coauthor of The Controller's Function.

Table of Contents

Part 1 The Broad Management Aspects Of Controllership
1 Accounting in the Corporation
2 Controller's Responsibilities
3 Chief Financial Officer: From Controller to Facilitator of Change
4 Accounting Principles and Standards
5 Cost Accounting and Costing Systems
6 Ratio and Trend Analysis
7 Internal Control Systems
8 Internal Audit Function
9 Globalization: Complexities and Opportunities
10 Recruiting, Training, and Supervision
11 Controller's Role in Investor Relations
Part 2 The Planning Function Of Controllership
12 Business Plans and Planning: Interrelationship of Plans, Strategic Planning
13 Financial Impact of the Strategic Plan: Long-Range Financial Plan
14 Profit Planning: Annual Plan
15 Profit Planning: Supporting Financial Analysis for the Annual Plan
16 Taxation Strategy
Part 3 Planning And Controlling Operations
17 General Discussion of Accounting/Statistical Standards: Benchmarking
18 Planning and Control of Sales
19 Planning and Control of Marketing Expenses
20 Planning and Control of Manufacturing Costs: Direct Material
21 Planning and Control of Manufacturing Costs: Manufacturing Expenses
22 Planning and Control of Research and Development Expenses
23 Financial Planning and Control in a Service Company
24 Planning and Control of General and Administrative Expenses
25 Payroll
Part 4 Planning And Control Of The Balanc Sheet
26 Planning and Control of Cash and Short-Term Investments
27 Planning and Control of Receivables
28 Planning and Control of Inventories
29 Valuation of Inventories
30 Accounting and Reporting for Selected Investments and Employee Benefit Plans
31 Planning and Control of Plant and Equipment or Capital Assets
32 Management of Liabilities
33 Management of Shareholders' Equity
Part 5 Financial And Related Reports
34 Internal Management Reports
35 Reports to Shareholders
36 Securities and Exchange Commission
Part 6 Computer Systems And Related Technology
37 Selecting a Financial Information System
38 Testing Strategies for Financial Systems
39 Software Testing
40 IT Support Models for Financial Organizations
41 How Much Is Too Much? Asset Ledger Detail in ERP
42 Systems Performance Management
43 Information Security Systems
44 Enforcing Information Secuirty Policy
45 E-Commerce Security
46 Digital Signatures
47 Change Management
48 Project Risk Management
49 Effective Project Communications
50 How to Implement a Successful CRM Solution
51 Organizations Large and Small Embrace Shared Services
Part 7 Some Administrative And Special Aspects Of The Controller's Department
52 Financial Planning and Analysis for Acquisitions, Mergers, and Divestments
53 Advanced Accounting Systems
54 World-Class Accounting Systems
55 Accounting Best Practices
56 Reporting Period and How to Close It
57 Outsourcing the Accounting Function
58 Preparation and Maintenance of Manuals
59 Records Management
60 Inventory Tracking
61 Tax Records and Procedures
62 Risk Management
Appendix A Interest Tables