
| 1 Accounting in the Corporation Importance of ThiS Chapter Tasks of the Accounting Function Role of the Accounting Function Role of the Control Ier Impact of EthiCS on the Accounting Role Evolving Role of Accounting 2 Controller’S Responsibilities Importance of Th iS Chapter Variations on the Title Planning Function ControI Fu nction Reporti ng Function Accounting Function AdditionaI Controller Functions in SmaIler Companies ControlJer’s Job Descrjption Relationship of the ControIler to the Chief Financial Officer Future Changes in the Controller’s Origins and Responsjbj I ities Managing Explosive Growth 3 Chief Financial Officer:From Controller to Facilitator of Change Importance of This Chapter Understanding What Chief Executive Officers Want Task of the CFO DeveIop and Communicate a CompeIIing Finance Agenda BUiId a Commitment to Change within Finance Change Executive Management Practices EnIist the Support of the Chief Executive Officer MobiIize the Organization Institutjona Jize Continuous Improvement 4 Accounting Principles and Standards Importance of This Chapter Committee on Accounting Procedure Accounting Principles Board FinanciaI ACCOUnting Foundation Financia J ACCOUnting Standards Board Government ACCOUnting Standards Board InternationaI Accounting Standards Board Accounting Standa rds Accounting Research BUlletins OPinions:ACCOUnting PrinciPIes Board Interpretations:FASB Statements of FinanciaI ACCOUnting Standards:FASB Statements of FinanciaI ACCOUnting Concepts:FASB Technica J Bu JIetins:FASB 5 Cost Accounting and Costing Systems Importance of ThiS Chapter Purpose of Cost ACCOUnting Information Input:Data COIIection Systems Processing:Data Summarization Systems Processing:Job Costing Processing:Process Costing Processing:Standard Costing Processing:Di rect Costing Processing:Throughput Costing Processing:Activity.Based Costing Processing:Target Costing Outputs:Cost Variances 6 Ratio and Trend Analysis Importance of Th is Chapter How to Use Ratios and Trends …… 7 Internal control systems 8 Internal audit function 9 Globalization : complexities and opportunities 10 Recruiting, training, and supervision 11 Controller’s role in investor relations 12 Taxation strategy |
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