Which of the following describes the role of a controller in an organization?

The role of a controller in an organization is primarily centered around overseeing the accounting and financial reporting functions. A controller is responsible for the accuracy and integrity of the company's financial statements and ensures that all financial reports are prepared in accordance with relevant accounting principles and standards. This includes managing various accounting activities such as budgeting, forecasting, and financial analysis, as well as supervising accounting staff to ensure that financial transactions are recorded correctly and timely.

In this context, the controller also plays a crucial role in internal controls, helping to safeguard the organization’s assets and ensure reliable financial reporting. The controller collaborates closely with other departments to provide insights into financial performance and assist in strategic planning, making their function pivotal in guiding the financial direction of the organization.