Strategic Control Tools - 2nd edition

The CPA working in an organization is called upon to play both a fiduciary and an analytical role. As a fiduciary, the professional accountant must prepare and communicate financial statements, and as an analyst, he or she must manage financial resources, analyze the business and manage the organization's performance. The public accountant working in a firm is called upon to play the role of auditor and analyst, the auditor's role being similar to that of a fiduciary, who must give an expert opinion on the organization's financial statements and integrity.

This toolbox is intended to be a comprehensive guide to the analytical tools used in organizations and firms. The proposed second edition has benefited from feedback received from numerous CPA candidates, as well as from organization and practice practitioners.

For CPA candidates and accounting professionals, this presentation of analysis tools will help you :

• Better target the analyses to be used, depending on the context and the objective pursued;
• Evaluate the use of currently installed controls using a diagnostic tool;
• Suggest additional analyses to be used where appropriate;
• Assess the strategic coherence of an organization's control mechanisms.