of activities.
• Transactions. This involves the proper processing of all types of business
transactions, which includes supplier invoices, billings to customers, payroll,
and cash receipts and disbursements. It also requires the use of a system
of controls to ensure that transactions are processed properly, and a record
keeping system in which transactions are recorded and archived.
• Reporting. This involves the preparation of the standard set of monthly
financial statements, as well as a variety of management reports.
• Planning. This involves coordinating the creation of the annual budget, as
well as the investigation and reporting of any subsequent variances between
it and actual results.
• Compliance. This involves compliance with a variety of tax reporting
requirements, government reports, debt covenants, and accounting standards.
More specifically, the controller’