What are the duties of a treasurer? Of a controller? What will be an

What are the duties of a treasurer? Of a controller?

What will be an ideal response?

ANSWER

The treasurer generally handles the firm’s financial activities, including cash and credit management, making capital
expenditure decisions, raising funds, financial planning, and managing any foreign currency received by the firm. The
controller is responsible for managing the firm’s accounting duties, including producing financial statements, cost
accounting, paying taxes, and gathering and monitoring the data necessary to oversee the firm’s financial well-being.
In this textbook, we focus on the duties generally associated with the treasurer and on how investment decisions are
made.