The Work Of Your CPA

The role of the CPA is to establish an honest and consistent accounting system, and to ensure that management adheres to it without exception.

Changing accounting factors each month can lead to inconsistency and a lack of credibility with investors. While occasional changes may be necessary, they should be originated by the controller and never made on a whim by management.

The CPA's job is to provide an honest notation system that allows managers to make responsible decisions and measure progress.

Reports should be honest, conservative, and useful to line managers.

To get the most out of a controller, treat them as a professional and a full member of the inner council. Provide them with plans and ideas in advance and give them the opportunity to provide input.