Controllership, the work of the managerial accountant

An earlier edition of this enduring classic (which was originally published in 1952) is cited in Books for College Libraries, 3d ed. Of course it has evolved substantially to remain useful, and this seventh edition incorporates new material on the following topics: ethics-related decisions, GAAP pronouncements, cost accounting methodologies, throughput costing, composition and role of the audit committee, taxation strategy, business cycle forecasting, payroll and tax issues, management reporting formats, reporting to the Securities and Exchange Commission, acquisition due diligence checklists, and accounting manual preparation and maintenance. Purchasers of this volume should be alert for future supplements and updates from the publisher, because the field just won't stay still. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com).

Includes index.

Revised edition of: Controllership, the work of the managerial accountant. 6th ed. 1999.

Accompanied by: Cumulative supplement (305 p.; 24 cm.) [Hoboken, N.J.] : Wiley, [2005-]. Call number: HG4026.H43 2005 Cum Suppl.

pt. 1. The broad management aspects of controllership. Accounting in the corporation -- Controller's responsibilities -- Chief financial officer: from controller to facilitator of change -- Accounting principles and standards -- Cost accounting and costing systems -- Ratio and trend analysis -- Internal control systems -- The internal audit function -- Globalization: complexities and opportunities -- Recruiting, training, and supervision -- Controller's role in investor relations -- pt. 2. The planning function of controllership. Business plans and planning: interrelationship of plans, strategic planning -- Financial impact of the strategic plan: long-range financial plan -- Profit planning: annual plan -- Profit planning: supporting financial analysis for the annual plan -- Taxation strategy -- pt. 3. Planning and controlling operations. General discussion of accounting/statistical standards: benchmarking -- Planning and control of marketing expenses -- Planning and control of sales -- Planning and control of manufacturing costs: direct material and direct labor -- Planning and control of manufacturing costs: manufacturing expenses -- Planning and control of research and developm…