CONTROLLER Definition

Bookmark and Share

CONTROLLER is usually an experienced accountant who directs internal accounting processes and procedures, including cost accounting.

Learn new Accounting Terms

REPORTABLE CONDITION is a matter coming to the auditor's attention relating to SIGNIFICANT DEFICIENCIES in the design or operation of the entitys internal control that could ADVERSLY AFFECT an entity's ability to fulfill future obligations with customers and/or the satisfaction of liabilities.

EXPENDABLE NET ASSETS are those assets not required to be retained in perpetuity, i.e. those assets available for use for operations.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.