Recent megatrends such as increasing complexity, volatility,
internationalization and increased demand for transparency and
compliance have changed the expectations towards the controlling
function. During his professional experience, the author observed
the increased expectations towards the controlling function. If
controlling is to maintain its influence in a company, it needs to
adapt to the changes in management expectations. To outline "how to
increase the value added by the controlling function in
multinational production companies", four research questions were
addressed and answered. The questions which were answered were
"what does controlling involve and which factors influence the
set-up of the controlling function in a company", "how are the
expectations towards the controlling function changing over time
and what is its value contribution", "how can the controlling
function add value to standard reporting and budgeting activities"
and "how can the controlling function add value to reorganization
activities".
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