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The Controller's Function: The Work of the Managerial Accountant » (3rd Edition)

Book cover image of The Controller's Function: The Work of the Managerial Accountant by Janice M. Roehl-Anderson

Authors: Janice M. Roehl-Anderson, Steven M. Bragg
ISBN-13: 9780471683308, ISBN-10: 0471683302
Format: Paperback
Publisher: Wiley, John & Sons, Incorporated
Date Published: December 2004
Edition: 3rd Edition

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Author Biography: Janice M. Roehl-Anderson

Janice M. Roehl-Anderson, MBA, is a principal with Deloitte Consulting LLP, with more than twenty years of consulting experience. She specializes in information systems security; financial and cost accounting system analysis, design, selection, and implementation; and long-range information system planning.

Steven M. Bragg, CPA, CMA, CIA, CPIM, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young. He is the author of nineteen books, including Accounting Best Practices, Third Edition and Essentials of Payroll: Management and Accounting, both from Wiley.

Book Synopsis

Take control and stay competitive in today's market

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 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 practices
  • Shared services trends
  • Outsourcing implications
  • Performance measurements
  • Cost of capital
  • Tax strategy
  • Financial strategy
  • Just-in-time accounting
  • Reports to the Securities and Exchange Commission
  • Customer relationship management
  • Checklists for new controllers

Table of Contents

1The controller's job1
2Internal control12
3Planning and the strategic plan63
4Long-range financial plan79
5Annual plan93
6Sales119
7Distribution expenses135
8Direct materials and labor151
9Overhead171
10General and administrative expenses196
11Cash and investments204
12Receivables219
13Inventory227
14Property, plant, and equipment249
15Liabilities266
16Equity274
17Operational accounting292
18Closing procedures309
19Performance measurements and trends319
20Financial analysis340
21Taxes366
22Selecting a financial information system376
23Project risk management399
24Implementing a successful CRM solution410
25Organizations large and small embrace shared services416
26Information technology offshore and outsourcing428
27Change management437
App. ANew controller checklist450

Subjects