Policies & Procedures

Manage Risk—Don’t React to It

By Regis Quirin, MBA Some senior managers take a passive or reactive approach to protecting their company’s systems from cyberattacks and other risks. While they may acknowledge the risks, they

The Controller’s Role in the Due Diligence Process

In a competitive business environment, it is likely that controllers will be engaged in the due diligence process. This article identifies some of the key expectations of the due diligence process… Read More

How Controllers Can Become Process-Improvement Pros

There is more pressure than ever on controllers to go beyond the “basics” of their jobs (as if they didn’t have enough on their plates) and focus on improving processes. To find out how

Support Your Multi-Year Financial Forecasts

A multi-year financial plan is a controller’s knowledge and research put into written format so that others can review and understand the financials. “The biggest challenge for controllers lies

Protect Against Loss when Managing Multiple Currencies

Controllers whose organizations accept payments in multiple currencies can find it a constant struggle to deal with wildly fluctuating exchange rates. The good news is that there are steps

Controls Self-Assessment (CSA): A Key Component of an Internal Controls Program

In a Controls Self-Assessment (CSA) process, controls are embedded in daily business operations and employees within individual departments perform the evaluation of internal controls. From a senior

Don’t Settle for Flimsy Internal Controls or Your Organization Will Be Exposed to Liability

By Pam Miller, APMD While the Sarbanes-Oxley Act (SOX) was directed at public companies in the U.S., its effects are more far-reaching. Many private organizations are acting now to adopt SOX

Solid Decision-Making Requires Instinct and Information

To gain insights on how controllers are making decisions—and compare the “gut feel” versus “hard facts” approaches to decision-making—Controller’s Report spoke to finance executives

Improve the Bottom Line Through Sustainability

What’s green and a top priority for controllers? Of course, the answer is money. But there is another way the color green can—and should—pertain to a controller’s job, and that relates to

Controllers Are the First Line of Defense in Keeping Organizations Aboveboard

By Dawn Hackney, Corporate Controller, Meridien Research and Insearch Whether private or public, companies must avoid ethical and financial misconduct. Although privately held companies do not have