Question

Dewan INC. has several divisions, each with a manager responsible for the operations of the division. Each division of Dewan controls product design, sales, pricing, operating costs, and profits.. However, Dewan’s corporate management maintains control over the financial operations of the divisions by approving all capital expenditures above a small amount and by keeping tight reins on the financial reporting from the division to corporate headquarters. Each division has a corporate controller who manages the division's accounting system and provides analysis of financial information for the division management. The division controllers report to their division manager and to the corporate controller of Dewan Inc. The division manager evaluates the performance of the division controller and recommends salary increases and promotions to the corporate controller, who makes the final decision. The division manager and the division controller write separate and independent reports to Dewan’s corporate headquarters discussing the financial results of the division. Dewan’s corporate management insists that the division controller provides an independent view of the division’s operations. Identify and discuss the factors that make the division controller’s role difficult in this type of situation.

Answer 1

The division manager means business controller and a division controller means financial controller .

The division manager is commercial minded .more of it other functions except finance almost like consultant does.

HE is aggressive ,externally focused and future oriented.he will bild business plans and define ways to measure and report the key indicators of it so that he can think of ways to identify cost saving opportunities and efficiency gains

The Division controller means financial controller

The financial controller job is to timely report about the histrical information.his job reqiures understanding and assuring the compliance with tax norms .a financial controller will make reports and controls on accounts recivable and payable .he has more concern with balnce sheet ..he is responsible for controlling finance of business i.e. the liability side and consolidating reports from all parts of the company ..he works much closer with the finacial systems of the company...

hence the division controllers role makes difficult than the division manger