Post date: Dec 4, 2014 6:08:35 PM

How group controlling department can complement consolidation department (and vice versa) to improve production of financial information?

Group controller and consolidation accountant are two different functions in the finance team.

However, it is beneficial for the two functions to communicate and exchange information to improve the quality of work carried out by each of them.

To understand this better we shall examine first the differences between these two finance functions.

Then we shall look at the possible interactions between the two roles.

Before we begin, here is a quick summary of the roles and responsibilities of each one: