The responsibilities of a controller include A: reviewing the reliability and integrity of financial information provided by the treasurer. B: ensuring an adequate system of internal control.

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4 May, 23:53

The responsibilities of a controller include A: reviewing the reliability and integrity of financial information provided by the treasurer. B: ensuring an adequate system of internal control.

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Makena Lamb · Answer 1

A. Reviewing the reliability and the integrity of financial information provided by the treasurer.

Explanation:

The individual having all accounting related activities such as managerial accounting, high level accounting and financial activities in a company is called controller. He/she directly reports to the chief financial officer.

Although in smaller companies the post of CFO's and controllers are combined, the controller oversees financial reporting, assists in the preparation of operating budgets and performs other important duties pertaining to payroll.

He also outlines important budgeting schedules and prepares budget.