Controllership is an agency or department that has control function. He works in the administrative, accounting, human resources and risk management areas.
Controllership is responsible for organizing, evaluating and storing company information. The main function is provide advice and consultancy to managers in decision-making processes.
The employee responsible for the sector is the controllership analyst or controller. He needs to have a good command of accounting, economics and administration. It is also necessary that the controller get to know the company's operations and objectives well in order to be able to provide the best information to managers.
Managers use the information provided by controllership to define the best strategic, financial and operational planning decisions for the company.
know more about Management.
The controllership work is important for companies because it is an indispensable tool for making decisions with strategy and agility. Fast and correct decisions are essential in an increasingly competitive market.
THE accounting controllership it is linked to the company's accounting and finance activities and to people management. It is responsible for evaluating the performance of employees and for controlling financial and labor activities. The accounting controllership also carries out audits to assess the company's performance.
Accounting controllership information is used by managers to assess and improve budget planning and to monitor the company's financial development.
In governments there are also controlling bodies. In the federal government there is the Federal Comptroller General (CGU). The CGU is responsible for the supervision and technical analysis of government agencies.
The CGU also carries out audits, actions to combat and prevent corruption and activities to defend public assets, assisting the head of the Executive Branch in decision-making.
General Comptroller Offices also exist in the states and municipalities (General Comptroller of the State and General Comptroller of the Municipality, respectively).
See also the meaning of Control.