Which entity is most directly responsible for the accounting within the firm?
A)Treasurer
B)Controller
C)CFO
D)CEO

Question

Quizplus · Accepted Answer

The controller is the head of the accounting department and is responsible for overseeing and managing all accounting activities within the firm. The treasurer is primarily responsible for managing the firm's finances, including cash management and investment activities. The CFO is responsible for overseeing the entire finance function of the firm, which includes accounting, but also includes financial planning, analysis, and decision-making. The CEO is ultimately responsible for the overall performance of the firm, but typically delegates the direct responsibility for accounting to the controller.

Which Entity Is Most Directly Responsible for the Accounting Within