So what is a Financial Controller and do I really need one?

We are regularly asked this question, or we get blank looks when we mention Financial Controllers, so what are they? If you Google, “what is a Financial Controller?” this is what you get, be warned, this is a bit dry…: A financial controller is a senior-level executive who acts as the head of accounting, and oversees the preparation of financial …

It all starts here….the value in your Chart of Accounts

So, what is a Chart of Accounts (COA)? In a nutshell, it’s the list of accounts that have been set-up in your Accounting Software to record all the different revenues and costs in your business. A well thought out COA can drive real business benefits, it’s not just a means of recording data. A poorly designed COA can hamper the …