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What are some specific ethical issues managerial accountants can face while holding the position of a controller for a company that provides utility services ,

What are some specific ethical issues managerial accountants can face while holding the position of a controller for a company that provides utility services , temp power, electricity, gas, etc.? Describe a specific ethical issue you might face in that position .

The company maintains more than 48,000 miles of power lines and is an industry leader in using automated power restoration technology.

The duties of the position would include the following:

  • Prepare and consolidate financial statements
  • Manage controls around the accounting system
  • Manage all aspects of daily accounting: A/P, A/R, vendor management, sales tax

*compliance, bank reconciliations

  • Control and manage daily cash activities and treasury functions
  • Provide monthly, quarterly and year-end reporting as needed
  • Research accounting issues for compliance with GAAP
  • Analyze and report cost variances
  • Serve as the liaison to external auditors and parent company accounting team
  • Ensure efficiencies across the accounting function
  • Manage the recording of complex transactions
  • Ensure proper balance sheet reconciliations

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