The controller plays a unique role regarding inventory, fixed assets, accounts payable, and equity management systems. The skills required for each of these departments are disparate, but they have one thing in common: success in each area depends on accurate, detailed systems of record keeping. In Controller’s Role in Assets, Liabilities, and Equity, Steven Bragg breaks down each department, detailing the management strategies and techniques necessary to help you succeed. You’ll gain insight and systemic knowledge on inventory valuation, fixed asset controls, controls and processes to assist accounts payable, and accounting for various components of equity.
Inventory Management. Fixed Assets management. Accounts Payable Management. Equity Management.
CPAs, CFOs, controllers, financial professionals, and auditors.
Define a perpetual inventory system. Identify characteristics of the first in, first out method. Determine how the weighted average method is applied. List a use for passive RFID tags. Specify a control that can be used to stop theft of fixed assets. Describe what is meant by scrubbing accounts payable. List documents used in a three-way match. Define par value. List an outcome of a company buying back stock. Define a scrip dividend.
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).
Non-Member Price $67.00
Member Price $58.00