controllership-Definition and Meaning

The term “controllership” refers to the position or role of a controller, typically in a business or organization. A controller is responsible for overseeing the financial reporting, accounting, budgeting, and financial planning activities. Controllership involves ensuring that financial records are accurate, compliance with regulations is maintained, and that the organization’s financial resources are managed effectively. The role often includes managing accounting staff and advising management on financial matters.

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