{"product_id":"the-master-guide-to-controllers-best-practices-isbn-9780996729321","title":"The Master Guide to Controllers' Best Practices","description":"\u003cp\u003e\u003cb\u003eThe essential guide for today’s savvy controllers\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eToday’s controllers are in leadership roles that put them in the unique position to see across all aspects of the operations they support. \u003ci\u003eThe Master Guide to Controllers’ Best Practices, Second Edition\u003c\/i\u003e has been revised and updated to provide controllers with the information they need to successfully monitor their organizations’ internal control environments and offer direction and consultation on internal control issues. In addition, the authors include guidance to help controllers carryout their responsibilities to ensure that all financial accounts are reviewed for reasonableness and are reconciled to supporting transactions, as well as performing asset verification.  \u003c\/p\u003e\u003cp\u003e Comprehensive in scope the book contains the best practices for controllers and: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eReveals how to set the right tone within an organization and foster an ethical climate\u003c\/li\u003e \u003cli\u003eIncludes information on risk management, internal controls, and fraud prevention\u003c\/li\u003e \u003cli\u003eHighlights the IT security controls with the key components of successful governance\u003c\/li\u003e \u003cli\u003eExamines the crucial role of the controller in corporate compliance and much more\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe Master Guide to Controllers’ Best Practices\u003c\/i\u003e should be on the bookshelf of every controller who wants to ensure the well-being of their organization. \u003c\/p\u003e\u003cp\u003e In addition to their traditional financial role, today’s controllers (no matter how large or small their organization) are increasingly occupying top leadership positions. The revised and updated \u003ci\u003eSecond Edition of The Master Guide to Controllers’ Best Practices\u003c\/i\u003e provides an essential resource for becoming better skilled in such areas as strategic planning, budgeting, risk management, and business intelligence. Drawing on the most recent research on the topic, informative case studies, and tips from finance professionals, the book highlights the most important challenges controllers will face. \u003c\/p\u003e\u003cp\u003e Written for both new and seasoned controllers, the \u003ci\u003eGuide\u003c\/i\u003e offers a wide range of effective tools that can be used to improve the skills of strategic planning, budgeting, forecasting, and risk management. The book also contains a resource for selecting the right employees who have the technical knowledge, analytical expertise, and strong people skills that will support the controller’s role within an organization. To advance overall corporate performance, the authors reveal how to successfully align strategy, risk management, and performance management. In addition, the Guide explains what it takes to stay ahead of emerging issues such as healthcare regulations, revenue recognition, globalization, and workforce mobility.  \u003c\/p\u003e\u003cp\u003e As controllers adapt to their new leadership roles and assume more complex responsibilities, \u003ci\u003eThe Master Guide to Controllers’ Best Practices\u003c\/i\u003e offers an authoritative guide to the tools, practices, and ideas controllers need to excel in their profession. \u003c\/p\u003e\u003cp\u003eAbout IMA (Institute of Management Accountants) 3\u003c\/p\u003e \u003cp\u003eAbout the Authors 3\u003c\/p\u003e \u003cp\u003eController Advisors 4\u003c\/p\u003e \u003cp\u003eOther Acknowledgments 4\u003c\/p\u003e \u003cp\u003eWhat This Guide Will Do For You 15\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1. Overseeing Governance, Compliance, Risk Management, and Internal Controls 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 19\u003c\/p\u003e \u003cp\u003eChapter 1. Tone at the Top and Corporate Governance 21\u003c\/p\u003e \u003cp\u003eChapter 2. Risk Management, Internal Controls, and Fraud Prevention 45\u003c\/p\u003e \u003cp\u003eChapter 3. It Security Controls 87\u003c\/p\u003e \u003cp\u003eChapter 4. The Crucial Role of the Controller in Corporate Compliance 109\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2. Business Process Best Practices 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 185\u003c\/p\u003e \u003cp\u003eChapter 5. Procurement and the Move to P2p 187\u003c\/p\u003e \u003cp\u003eChapter 6: Accounts Payable 197\u003c\/p\u003e \u003cp\u003eChapter 7. Payroll 243\u003c\/p\u003e \u003cp\u003ePayroll Withholdings: Paid By Employees 245\u003c\/p\u003e \u003cp\u003ePayroll Taxes, Costs, and Benefits Paid By Employers 248\u003c\/p\u003e \u003cp\u003eEmployer Contributions to Defined Contribution Plans 250\u003c\/p\u003e \u003cp\u003eThe Fair Labor Standards Act (Flsa) 251\u003c\/p\u003e \u003cp\u003eSalaries, Wages, and Overtime Pay 256\u003c\/p\u003e \u003cp\u003eBest Practices and Process Improvement 259\u003c\/p\u003e \u003cp\u003eTax and Compliance Issues 263\u003c\/p\u003e \u003cp\u003eSpecial Considerations When Paying Employees 266\u003c\/p\u003e \u003cp\u003eBenefits 278\u003c\/p\u003e \u003cp\u003eUnemployment Claims 285\u003c\/p\u003e \u003cp\u003eWithholding 286\u003c\/p\u003e \u003cp\u003eInternal Controls 291\u003c\/p\u003e \u003cp\u003eRecord Retention 292\u003c\/p\u003e \u003cp\u003eChapter 8. Accounts Receivable 297\u003c\/p\u003e \u003cp\u003eChapter 9. The Supply Chain 337\u003c\/p\u003e \u003cp\u003eChapter 10. Inventory Control 347\u003c\/p\u003e \u003cp\u003eChapter 11. Treasury’s Role In Cash Management and Working Capital 361\u003c\/p\u003e \u003cp\u003eChapter 12. Shared Services and Outsourcing 391\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3. \\Planning, Budgeting, Forecasting, and Financial Close Best Practices 401\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 403\u003c\/p\u003e \u003cp\u003eChapter 13. Budgeting Best Practices 405\u003c\/p\u003e \u003cp\u003eChapter 14. Financial Close Processes and Procedures 429\u003c\/p\u003e \u003cp\u003eChapter 15. Financial Statement Fraud 445\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 4. Measuring Performance 449\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 451\u003c\/p\u003e \u003cp\u003eChapter 16. Benchmarking and Metrics 453\u003c\/p\u003e \u003cp\u003eChapter 17. Developing a Metrics Roadmap 463\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 5. Process Improvement Through Automation \u0026amp; Technology 485\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 487\u003c\/p\u003e \u003cp\u003eChapter 18. Going Paperless 489\u003c\/p\u003e \u003cp\u003eChapter 19. Making Your Case for Automation 509\u003c\/p\u003e \u003cp\u003eChapter 20. Project Management and Implementation 521\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 6. Leadership and The Evolving Role of the Controller 531\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 533\u003c\/p\u003e \u003cp\u003eChapter 21. Financial Leadership 535\u003c\/p\u003e \u003cp\u003e\u003cb\u003eELAINE STATTLER, APM, CPC,\u003c\/b\u003e is a principal of Editorial Direction LLC in New London, Connecticut. She specializes in professional and business publishing and is Editor-in-Chief of IOFM’s \u003ci\u003eController’s Report.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e JOYCE ANNE GRABEL\u003c\/b\u003e is a principal of Editorial Direction LLC, and the author and editor of numerous articles, newsletters, manuals, videos, and employee training materials.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe essential guide for today’s savvy controllers\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eToday’s controllers are in leadership roles that put them in the unique position to see across all aspects of the operations they support. \u003ci\u003eThe Master Guide to Controllers’ Best Practices, Second Edition\u003c\/i\u003e has been revised and updated to provide controllers with the information they need to successfully monitor their organizations’ internal control environments and offer direction and consultation on internal control issues. In addition, the authors include guidance to help controllers carryout their responsibilities to ensure that all financial accounts are reviewed for reasonableness and are reconciled to supporting transactions, as well as performing asset verification.  \u003c\/p\u003e\u003cp\u003e Comprehensive in scope the book contains the best practices for controllers and: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eReveals how to set the right tone within an organization and foster an ethical climate\u003c\/li\u003e \u003cli\u003eIncludes information on risk management, internal controls, and fraud prevention\u003c\/li\u003e \u003cli\u003eHighlights the IT security controls with the key components of successful governance\u003c\/li\u003e \u003cli\u003eExamines the crucial role of the controller in corporate compliance and much more\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe Master Guide to Controllers’ Best Practices\u003c\/i\u003e should be on the bookshelf of every controller who wants to ensure the well-being of their organization. \u003c\/p\u003e\u003cp\u003e In addition to their traditional financial role, today’s controllers (no matter how large or small their organization) are increasingly occupying top leadership positions. The revised and updated \u003ci\u003eSecond Edition of The Master Guide to Controllers’ Best Practices\u003c\/i\u003e provides an essential resource for becoming better skilled in such areas as strategic planning, budgeting, risk management, and business intelligence. Drawing on the most recent research on the topic, informative case studies, and tips from finance professionals, the book highlights the most important challenges controllers will face. \u003c\/p\u003e\u003cp\u003e Written for both new and seasoned controllers, the \u003ci\u003eGuide\u003c\/i\u003e offers a wide range of effective tools that can be used to improve the skills of strategic planning, budgeting, forecasting, and risk management. The book also contains a resource for selecting the right employees who have the technical knowledge, analytical expertise, and strong people skills that will support the controller’s role within an organization. To advance overall corporate performance, the authors reveal how to successfully align strategy, risk management, and performance management. In addition, the Guide explains what it takes to stay ahead of emerging issues such as healthcare regulations, revenue recognition, globalization, and workforce mobility.  \u003c\/p\u003e\u003cp\u003e As controllers adapt to their new leadership roles and assume more complex responsibilities, \u003ci\u003eThe Master Guide to Controllers’ Best Practices\u003c\/i\u003e offers an authoritative guide to the tools, practices, and ideas controllers need to excel in their profession.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990285107429,"sku":"NP9780996729321","price":65.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780996729321.jpg?v=1761787201","url":"https:\/\/k12savings.com\/es\/products\/the-master-guide-to-controllers-best-practices-isbn-9780996729321","provider":"K12savings","version":"1.0","type":"link"}