by controllers | Apr 24, 2020 | Accounting, Professional Growth
When your job relies on delivering day-to-day or month-to-month success at your firm, one of the biggest drivers of success is knowing when and how to make a decision. Though many things go into this—the right information, a well-supported decision system, and a...
by controllers | Apr 17, 2020 | Accounting, Software
As an important figure in the finance department and a driver of decisions, the controller has a lot on his or her plate—and a lot of ways to tackle it. From analytics solutions to ERP, there are a variety of tools that can be used to better inform the decisions that...
by controllers | Mar 31, 2020 | Accounting, COVID-19, Crisis Management, Finance
Whether it’s due to a work-from-home requirement passed down by state or federal governments, or regularly scheduled vacation time during the summer, business doesn’t stop because a person isn’t in the office. Suppliers still expect to be paid, orders need to be...
by controllers | Mar 11, 2020 | Accounting, Finance
As part of its continuing efforts to restructure and simplify accounting standards, the Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) standard 606 (ASC 606). ASC 606 is a framework that enables more consistent revenue...
by controllers | Mar 9, 2020 | Accounting, HR, Trends
From budgets to reporting to payroll, one of the inescapable roles that controllers participate in every day, month, quarter, and year is accounting. Heck, you may even have gotten the title of chief accounting officer (if you’re lucky, it came with a salary bump to...
by controllers | Feb 21, 2020 | Accounting
From our friends at Investopedia, Goodwill is defined as an intangible asset that is associated with the purchase of one company by another. Specifically, goodwill is recorded in a situation in which the purchase price is higher than the sum of the fair value of all...
