Keywords

controllership, chief accounting officer, interview, practitioner; IMA Core Competencies

Abstract

We conduct a series of semi-structured interviews with controllers and chief accounting officers from large public and private companies—over half are Fortune 500—to identify the current issues faced by the controllership function. We map these issues into the Institute of Management Accountants (IMA®) Management Accounting Competencies and highlight recent research that addresses these issues and where there are gaps. Our findings suggest three IMA competencies that weigh heavily on controllers’ minds: (1) collaboration, teamwork, and relationship management; (2) information systems and technology; and (3) talent management. Finally, we describe how the insights from controllers suggest important improvements to accounting curriculum that can better prepare students for the rapidly changing profession.

Original Publication Citation

Current Issues Faced by Controllers (A. Bucaro, T. J. Wilks, and C. Yust), Accounting Horizons, 2023.

Document Type

Peer-Reviewed Article

Publication Date

2023

Publisher

Accounting Horizons

Language

English

College

Marriott School of Business

Department

Accountancy

University Standing at Time of Publication

Full Professor

Download

Included in

Accounting Commons

Share

COinS