Role of controller, role of chief financial officer. George Perez is the controller at Allied Electronics, a

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Role of controller, role of chief financial officer. George Perez is the controller at Allied Electronics, a manufacturer of devices for the computer industry. He is being considered for a promotion to chief financial officer.

1. In this table, indicate which executive is primarily responsible for each activity.

Activity Controller CFO

Managing accounts payable

Communicating with investors

Strategic review of different lines of businesses

Budgeting funds for a plant upgrade

Managing the company’s short-term investments

Negotiating fees with auditors

Assessing profitability of various products

Evaluating the costs and benefits of a new product design

2. Based on this table and your understanding of the two roles, what types of training or experiences will George find most useful for the CFO position?

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Related Book For  book-img-for-question

Cost Accounting A Managerial Emphasis

ISBN: 978-0136126638

13th Edition

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

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