You have recently been hired as the Controller for a large publicly-traded company that has experienced significant operating losses for the past few years, which has caused a sharp decline in the companys stock price. The CFO has asked you to prepare a (1 page) memo to discuss the following topic:

-Explain at least 3 items that we feel would be beneficial to a new Controller coming into his/her position as it relates to creating and growing stockholder value from an accounting standpoint.