The go-to resource managerial accountants can turn to for sustaining their company's competitive advantage
From flex budgeting to detailing the more sophisticated skills like throughput analysis for capital investments and the fast close for public companies, The Controller's Function, Fourth Edition offers numerous real-world examples, expertly balancing both the technical and managerial sides of the job.
Comprehensive and practical, this book fully defines the role, functions and responsibilities of the managerial accountant in a corporation.
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Steven M. Bragg, CPA (Centennial, CO), has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte. He is the author of over 30 books primarily targeted toward corporate financial leaders (controllers, treasurers, and CFOs) and their needs. Bragg received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine.
Praise for The Controller's Function,Fourth Edition
"Clearly written and full of outstanding examples, Steve Bragg covers the controller's job function in a way I haven't seen before, with strong guidance on controls, ethics, fraud, and much more. Well done!"
—Joel M. Ungar, CPA, CFE, Silberstein Ungar, PLLC
"The challenges facing businesses over the past few years, ranging from ethics violations to major recession, have highlighted the need for strong financial leadership. In his book The Controller's Function, Steven Bragg provides a framework of strong financial systems and controls that, if fully utilized, will greatly enhance a company's ability to safeguard its assets and successfully navigate through all business cycles and challenges."
—Timothy E. Scullin, CPA, Chief Financial Officer, SIG Sauer, Inc.
"The book has everything needed to be a successful controller in a broad spectrum of companies and industries. It has the most comprehensive description of the controller's function I have seen and should be considered a must-have for anyone in, or desiring to be in, a controller position."
—Nathan D. Ford, Senior Manager, Strothman & Company PSC
"Steven has done a great job in the Fourth Edition of this book in covering the additional roles and responsibilities of the modern controller. Modern controllers are expected to perform more than just traditional accounting functions such as recording transactions and issuing financial statements but also must add value in other ways such as recommending improvements and cost savings to management. This book can be the one source that the reader can use to guide them in all aspects of their role as controller."
—James O. Bailey, CPA.EA, Co-owner, Ann Arbor Properties LLC
"Are you a novice or a seasoned-pro controller at a small business or publicly traded company? The Controller's Function: The Work of the Managerial Accountant, Fourth Edition will provide you with the latest knowledge required to perform your position at the highest level, especially the new chapters: Fast Close, SEC Filings, and Cost Reduction."
—Geoffrey Garland, Consulting Controller, G3 & Associates
The Controller's Function, Fourth Edition is the go-to resource new and established professionals can turn to for the most up-to-date information on enhancing their performance and sustaining their company's competitive advantage.
Now with new chapters on cost accounting and accounting for acquisitions, the Fourth Edition offers you numerous real-world examples, expertly balancing both the technical and managerial sides of the job.
Busy professionals can quickly access the latest information on:
Job descriptions for all positions reporting to the controller
Flex budgeting
Discussion of sales bottlenecks
Role of throughput in determining appropriate overhead levels
Throughput analysis for capital investments
Discussion of the fast close for public companies
Discussion of cost reduction and analysis
Cost accounting
Accounting for acquisitions
From describing essential competencies to detailing the more sophisticated skills like activity-based costing, target costing, and outsourcing, the Fourth Edition provides you with a complete overview of the multifaceted job of the controller from the most basic "bread-and-butter" aspects of your job to the most advanced.
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