by Controllers Council | 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 Council | Mar 31, 2020 | Accounting, Corporate Finance, COVID-19
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 Council | Mar 11, 2020 | Accounting, Corporate 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 Council | Mar 9, 2020 | Accounting, HR/Talent, 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 Council | 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...
by Controllers Council | Feb 19, 2020 | Accounting
From reports to compliance, internal controls to budget leadership, the controller has a lot on his or her plate. Every single day, your job revolves around your ability to help the company make it to the next day, the next quarter, and the next year. Though the job...
