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Simple English definitions for legal terms
controller
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A quick definition of controller:
A controller is a person who works for a business or government organization and is responsible for managing the money. They check the accounts, make sure everything is being spent correctly, and report on the financial situation regularly.
A more thorough explanation:
A controller, also known as a comptroller, is an officer of a business or organization who is responsible for managing financial affairs. This includes auditing and examining accounts, as well as reporting the financial status periodically.
For example, a controller in a company may be responsible for overseeing the budget, managing expenses, and ensuring that financial records are accurate and up-to-date. In a municipal corporation, a controller may be responsible for managing the city's finances, including overseeing the budget, managing taxes and fees, and ensuring that financial records are accurate and transparent.
Overall, a controller plays a crucial role in ensuring that an organization's financial affairs are managed effectively and efficiently.