Why is a controller willing to roll up her sleeves and help business managers achieve their goals?
Make the controller responsible for accounting and the CFO for financing — and have them report separately to the CEO, an ex-finance executive advises.
The SEC says a sales scheme that inflated financial results at Maxwell Technologies should have been detected by the former CEO and former controller.
In a Proformative discussion, a CFO asks if he should leave his current position for a controllership at a larger firm.
But average pay raises for controllers and management-level finance team members were higher, according to the AFP.
The former chief of TelWorx Communications falfsified earnings and revenue in the runup to an acquisition, the SEC says.
As demand for executives and controllers grows more slowly over the next few years, CFOs may need to consider going “part-time.”
