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Informationen zum Autor Steven M. Bragg , CPA, CMA, CIA, CPIM, (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 25 books primarily targeted toward controllers 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. Klappentext Today's controllers are no longer seen as technicians who process transactions; they are now seen as business executives with a wide-ranging knowledge of total business operations, best practices, and corporate strategy. Providing a comprehensive overview of the roles and responsibilities of controllers in today's environment, this Eighth Edition of "Controllership" continues to provide controllers and vice presidents of finance with all aspects of management accounting from the controller's perspective, including internal control, profit planning, cost control, inventory, and financial disclosure. Zusammenfassung First published in 1952! this revised edition will continue to cover all aspects of management accounting from the controller's perspective including internal control! profit planning! cost control! inventory! and reporting. Inhaltsverzeichnis About the Author xvii Preface xix Part I the Broad Management Aspects of Controllership 1 Chapter 1 Accounting in the Corporation 3 Tasks of the Accounting Function 3 Role of the Accounting Function 5 Role of the Controller 6 Impact of Ethics on the Accounting Role 7 Evolving Role of Accounting 10 Chapter 2 Controller's Responsibilities 13 Variations on the Title 13 Planning Function 14 Control Function 15 Reporting Function 15 Accounting Function 16 Additional Controller Functions in Smaller Companies 17 Controller's Job Description 19 Relationship of the Controller to the Chief Financial Officer 21 Chapter 3 Cost Accounting and Costing Systems 23 Purpose of Cost Accounting Information 23 Input: Data Collection Systems 24 Processing: Data Summarization Systems 27 Processing: Job Costing 29 Processing: Process Costing 34 Processing: Standard Costing 38 Processing: Direct Costing 40 Processing: Throughput Costing 43 Processing: Activity-Based Costing 48 Processing: Target Costing 50 Outputs: Cost Variances 52 Chapter 4 Ratio and Trend Analysis 57 How to Use Ratios and Trends 57 A Caveat 58 Measures for Profitability 60 Measures for the Balance Sheet 62 Measures for Growth 66 Measures for Cash Flow 68 Measures for Nonfinancial Performance 70 Interrelationship of Ratios 85 Setting Up a System of Ratios and Trend Analyses 85 Chapter 5 Internal Control Systems 89 Objectives 89 Responsibility for Internal Controls 90 Examples of Internal Controls 92 When to Eliminate Controls 102 Types of Fraud 104 Preventing Fraud 105 How to Deal with a Fraud Situation 109 Chapter 6 Internal Audit Function 113 Reporting Relationships 113 Role of the Audit Committee 116 Internal Audit Objectives 117 Internal Audit Activities 119 Chapter 7 Recruiting, Training, and Supervision 123 Recruiting Sources 123 Factors to Consider when Recruiting 125 Factors to Consider When Promoting 127 Importance of Reduced Turnover 128 Importance of Developing Career Plans for Employees 132 How to Motivate Employees 134 Chapter 8 Controller's Role in Investor Relations 137 Objectives of the Investor Re...
