What are main responsibilities of controllers? Please describe 5 and explain.© BrainMass Inc. brainmass.com June 4, 2020, 3:44 am ad1c9bdddf
The controller has many responsibilities, and his/her responsibilities are also dependent upon the structure of the organization. In most companies, the controller has the following five main responsibilities:
1. Accounting -- The controller's primary duty is based upon accounting. He/she oversees all functions related to the cash coming into the organization, and the cash being paid out. The controller is involved in all major purchases, including capital and non-capital asset acquisitions. The controller also generally controls the bank account.
2. Internal Controls -- This is ...
This solution explains the main responsibilities of a controller.