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The New Controller Guidebook ON DEMAND

Available Until

Your Desk

18.0 Credits

Member Price $396.00

Non-Member Price $455.00

Overview

The controller position has many responsibilities, which can seem overwhelming to someone new to the job. This course eases the transition into the controller role by describing each responsibility, noting which ones are the most critical, and showing you how to manage them properly.

Instructor Steven Bragg addresses the key management aspects of the job, including the management of cash, billings, collections, inventory, fixed assets, accounts payable, payroll, and management of the accounting department as a whole. All aspects of reporting, such as closing the books, financial statements formats, extra reports to be issued by a publicly-held company, and a variety of management reports are covered in depth. Planning considerations, with discussions of the entire system of budgets and capital budgeting, are discussed, along with how to select and install an accounting computer system.

Highlights

Controller Job Description. Cash management. Credit and Collections Management. Billing Management. Inventory Management. Fixed Assets Management. Accounts Payable management. Equity management. payroll Management. Department management. Closing the Books. Financial Statements. Public Company Financial Reporting. Management Reports. Ratio Analysis. Budgeting. Capital Budgeting. Computer System Selection and Installation.

Prerequisites

None.

Designed For

CPAs, CFOs, controllers, financial professionals, and auditors.

Objectives

Note the roles of the controller and the chief financial officer. Identify activities to address during the controller’s first days on the job. Identify key elements involved in the accounting for cash, including how to reconcile, administer petty cash, forecast, and invest, and set up a system of cash controls. Note the measurements that can be applied to the credit and collection processes. Identify techniques and accounting used for credit and collections, and more.

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

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Non-Member Price $455.00

Member Price $396.00