Controllership under IFRS: Some critical observations from a German-speaking country

With the adoption and spreading use of IFRS, controllership as part of the overallaccounting and finance function in German-speaking countries has been subject tofundamental changes. From a conceptual point of view, IFRS-based financialaccounting systems have a twofold impact on controllership: (1) by driving the use ofintegrated accounting systems instead of the traditional dual accounting model fordecision-making and control purposes and (2) by extending the controllers’ rolestowards becoming an information provider to financial accountants.The objective of this study is to explore controllership in German-speaking countries,like Austria or Germany, under IFRS. So far there is only little empirical evidence onboth mentioned changes as well as the influence on controllership...