Explore BrainMass

Explore BrainMass

    A Controller's Responsibilities in an Organization

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What are main responsibilities of controllers? Please describe 5 and explain.

    © BrainMass Inc. brainmass.com June 4, 2020, 3:44 am ad1c9bdddf
    https://brainmass.com/business/accounting/controllers-responsibilities-organization-531402

    Solution Preview

    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 ...

    Solution Summary

    This solution explains the main responsibilities of a controller.

    $2.19

    ADVERTISEMENT