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This is the beginning of a series that will cover major aspects of the Controllership function.

Controllers are essential to the day-to-day accounting for organizations. Yet, the role is not often readily understood. In today’s world of acronyms such as CFO, CEO, COO, CAO, etc., the Controller function may get lost in the shuffle. However, they are a critical group of professionals who ensure the adequacy and transparency of accounting and financial reporting information.

A Controller is an individual who has responsibility for all accounting-related activities including high-level accounting, managerial counting, and finance activities within a company. The duties of a Controller include assisting with the preparation of the operating budgets, overseeing financial reporting, and performing essential duties relating to payroll. However, in today’s evolving world, the Controller function can provide much more in-depth value to their organizations.

This series is dedicated to exploring the traditional Controller role and stepping out of the box to identify areas where the Controller can add strategic value to their organizations.

In this first course we focus on the typical Controller function and begin to identify ways to elevate the function.

 

Below courses are currently available on the site:

  • The Controllership Series: The Controller Function - Elevating the Role
  • The Controllership Series: The Controller Function - Strategic and Annual Planning
  • The Controllership Series: The Controller Function - Cash and Investments
  • The Controllership Series: The Controller Function - Inventory Process Part 1
  • The Controllership Series: The Controller Function - Inventory Process Part 2
  • The Controllership Series: Financial Statement Preparation and Presentation

Learning Objectives

  • Discover the Controller’s role and main job functions.
  • Recognize the requirements for job qualifications.
  • Explore where controllers spend their time.
  • Identify the controllers changing role.
Last updated/reviewed: May 14, 2022

Included In Certifications

This course is included in the following Certification Programs:

17 CoursesThe Controllership Series Certification

  1. The Controllership Series: The Controller Function - Elevating the Role
  2. The Controllership Series: The Controller Function - Strategic and Annual Planning
  3. GAAP Principles, Assumptions and Considerations
  4. The Treasury Function Part 1: Cash, Liquidity and Investments
  5. The Controllership Series: The Controller Function - Cash and Investments
  6. ASC 842 Accounting for Leases - Deep Dive
  7. Revenue Recognition (ASC Topic 606) Standard Overview
  8. The Controllership Series: The Controller Function - Inventory Part 1
  9. The Controllership Series: The Controller Function - Inventory Part 2 - Inventory Valuation, Physical Inventory Methods and Inventory fraud
  10. The Controllership Series: Overhead, Direct and Indirect Costs and Allocation Methods
  11. The Controllership Series: Financial Statement Preparation and Presentation
  12. Analyzing Financial Ratios - Leverage
  13. Analyzing Financial Ratios - Performance And Efficiency
  14. Analyzing Financial Ratios - Solvency, Liquidity and Debt
  15. The Controllership Series: The Financial Close Process
  16. The Controllership Series: Managerial Accounting Basics and Cost Principles
  17. Tools for The Controllership Series Certificate

16 Reviews (80 ratings)Reviews

5
Member's Profile
Lynn, Thank you for the Controllership Series. It is an incredibly insightful program that has lead me to doing a deeper dive in my understanding the responsibility and challenges that we controllers have. Thanks again for another super program that will help me to elevate my role :). Larry
4
Anonymous Author
Good introductory class giving an overview of the future of the role of the controller. I am looking forward to the rest of the series with this professor.
5
Anonymous Author
This really gave a fantastic overview of what the Controller role should look like and brought things to mind that I never considered. Really excellent.
3
Member's Profile
Good idea for basic function of the controller. I liked the message about how to use technology to become a more strategic member of management.
5
Anonymous Author
great introduction for the roles, responsibilities, and ambitions of the controller function in small and large organizations. thank you.
4
Member's Profile
Good introduction to the various roles of a controller & especially the changing responsibilities & challenges of controllers
5
Anonymous Author
Great guidance on how to be a more valuable employee, by being strategic and a partner to key decision with management
5
Member's Profile
This instructor does a great job with her classes. The tests are actually based on the course and the material.
5
Anonymous Author
Very informative! Great course for someone who wants to get on the controller path within the corporations.
4
Anonymous Author
Interesting content highlighting how a controller can elevate and be seen as a strategist. Thanks
4
Anonymous Author
Enjoying the series, which provides a great introduction and overview of the Controller role!
4
Anonymous Author
This course was informative and I appreciate statistics from Deloitte and the IMA.
5
Member's Profile
Good course on how to Elevate the Controller roll within an organization.
4
Anonymous Author
Confirms many things I have been thinking about Controllership.
4
Member's Profile
learned some things. have to keep writing. have to write more
5
Anonymous Author
I enjoyed the course, and I found it very informative.

Prerequisites

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  3:00Introduction to The Controller Function - Elevating the Role
  8:32What is a Controller?
  4:22Controllers Job Requirements
  5:24How do Controllers Spend Their Time
  11:09The Controllers Changing Role
  14:07The Controllers Changing Role Cont'd
  3:59Controllership Vision
  5:12Final Analysis
  1:43Introduction to Case Studies
  12:30Case Studies-Part 1
  3:50Case Studies-Part 2
CONTINUOUS PLAY
  1:13:48The Controller Function - Elevating the Role
SUPPORTING MATERIAL
  PDFSlides: The Controller Function - “Elevating the Role”
  PDFThe Controller Function - “Elevating the Role” Glossary/ Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM