The essential controller : an introduction to what every financial manager must know

Content: The Essential Controller
 Contents
 Preface
 Chapter 1 Accounting in the Corporation
 Importance of This Chapter
 Tasks of the Accounting Function
 Role of the Accounting Function
 Role of the Controller
 Impact of Ethics on the Accounting Role
 Evolving Role of Accounting
 Chapter 2 Controller's Responsibilities
 Importance of This Chapter
 Variations on the Title
 Planning Function
 Control Function
 Reporting Function
 Accounting Function
 Additional Controller Functions in Smaller Companies
 Controller's Job Description
 Relationship of the Controller to the Chief Financial Of cer. Future Changes in the Controller's Origins and ResponsibilitiesManaging Rapid Growth
 Chapter 3 Chief Financial Of cer: From Controller to Facilitator of Change
 Importance of This Chapter
 Understanding What Chief Executive Of cers Want
 Task of the CFO
 Develop and Communicate a Compelling Finance Agenda
 Build a Commitment to Change within Finance
 Change Executive Management Practices
 Enlist the Support of the Chief Executive offcer
 Mobilize the Organization
 Institutionalize Continuous Improvement
 Chapter 4 Operational Accounting
 Importance of This Chapter. Create Departmental Job DescriptionsCreate a Departmental Training Program
 Clear Out Excess Documentation
 Streamline the Accounting Workflow
 Document All Major Processes
 Correct the Underlying Causes of Errors
 Use Best Practices
 Outsource Selected Accounting Functions
 Chapter 5 Cost Accounting and Costing Systems
 Importance of This Chapter
 Purpose of Cost Accounting Information
 Input: Data Collection Systems
 Processing: Data Summarization Systems
 Processing: Job Costing
 Processing: Process Costing
 Processing: Standard Costing
 Processing: Direct Costing. Processing: Throughput CostingProcessing: Activity-based costing
 Processing: Target Costing
 Outputs: Cost Variances
 Chapter 6 Ratio and Trend Analysis
 Importance of This Chapter
 How to Use Ratios and Trends
 A Caveat
 Measures for Profitability
 Measures for the Balance Sheet
 Measures for Growth
 Measures for Cash Flow
 Measures for Nonfinancial Performance
 Interrelationship of Ratios
 Setting Up a System of Ratios and Trend Analyses
 Chapter 7 Internal Control Systems
 Importance of This Chapter
 Objectives
 Responsibility for Internal Controls
 Examples of Internal Controls. When to Eliminate ControlsTypes of Fraud
 Preventing Fraud
 How to Deal with a Fraud Situation
 Foreign Corrupt Practices Act
 Chapter 8 The Fast Close
 Importance of This Chapter
 Different Types of Fast Close
 How to Achieve a Fast Close
 Enhanced Closing Process
 Chapter 9 Internal Audit Function
 Importance of This Chapter
 Reporting Relationships
 Composition of the Audit Committee
 Role of the Audit Committee
 Internal Audit Objectives
 Internal Audit Activities
 Managing the Internal Audit Function
 Chapter 10 Recruiting, Training, and Supervision
 Importance of This Chapter.