Are you struggling to navigate the complex responsibilities of a controller or CFO? Feel overwhelmed by the need to efficiently structure and manage your department? This course is your solution. Dive into the critical aspects of a controller's role, starting from day one. Learn how to create a robust department structure, implement effective systems, and manage tasks ranging from payroll to budgeting. With a focus on both management and technical skills, you'll discover how to enhance departmental efficiency and effectiveness, especially in payroll management. This course also provides practical insights into assembling a complete budget package and evaluating capital budgeting proposals. Finally, gain the knowledge to select and install the most suitable accounting computer system for your organization. Equip yourself with the skills to not just survive, but thrive as a financial leader.
This course covers material also contained in The New Controller Guidebook.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
Describe the role of the controller and the chief financial officer, and the activities to address during the controller's first days on the job
Chapter 2
Describe how to increase the efficiency and effectiveness of the payroll department, as well as how to account for common payroll transactions
Chapter 3
Explain the techniques available for improving the efficiency and effectiveness of the work flow of the accounting department
Chapter 4
Describe how the various components of the budget are assembled to create a complete budget package
Chapter 5
Explain the various methods for reviewing and subsequently evaluating a capital budgeting proposal
Chapter 6
Describe the steps required to select and install an accounting computer system
Major Topics
Controller Job Description
Payroll Management
Department Management
Budgeting
Capital Budgeting
Computer System Selection and Installation