Remove accounting principles Remove cost accounting Remove public accounting
article thumbnail

Accountant Vs. Controller: What's the difference?

Basis 365

Moreover, controllers often start as public accountants before moving up to corporate environments and gaining the trust required to perform controller duties. What is an accountant? Non-controller accountants generally perform more straightforward accounting tasks than controllers. What is a Controller?

article thumbnail

Understanding the FAQs Related to Overhead Rate Audits for Growing A&E Firms

Cherry Bekaert

Maintaining accounting records on an accrual basis in accordance with generally accepted accounting principles (GAAP) will be critical to the efficiency of the audit. The firm should also review its allocation of overhead costs to ensure that it is allocating costs in a fair and accurate manner.

audit 115