Controllership refers to the function within an organization responsible for overseeing and managing financial activities, including financial reporting, budgeting, auditing, and compliance. The controller, or controllership department, plays a key role in ensuring that an organization's financial operations are accurate, transparent, and in compliance with relevant laws and regulations.
"The controllership department at the company diligently reviewed the financial statements to ensure accuracy before presenting them to the board of directors."
by Davellin September 25, 2023