In most firms,the controller is the chief accounting manager.

Controller

A senior executive responsible for the accounting operations of a company, overseeing financial reporting, and regulatory compliance.

Chief Accounting Manager

A senior-level executive responsible for managing the accounting operations of a company, ensuring the accuracy of financial statements and compliance with financial regulations.

Firms

Business organizations engaged in commercial, industrial, or professional activities, either for-profit or not-for-profit, characterized by a structured management and operational system.

Identify the roles and responsibilities of key financial management positions within companies.

Verified Answer

Megan MattsonMay 12, 2024

Final Answer :

True

Explanation :

The controller is typically the chief accounting officer in a firm, responsible for overseeing all accounting activities, financial reporting, and often tax matters.

Learning Objectives

Identify the roles and responsibilities of key financial management positions within companies.

In most firms,the controller is the chief accounting manager.

Definitions

Learning Objectives

Learning Objectives

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