What Is a Controller in Finance?

In finance, a controller is a senior position responsible for the financial reporting of an organization. The controller is responsible for the accuracy and completeness of the organization’s financial statements, as well as ensuring that these statements comply with generally accepted accounting principles (GAAP). The controller may also be responsible for managing the organization’s financial … Read more

Performance Drag Definition.

Performance drag is the percentage of an investment’s return that is lost to fees and expenses. It is a measure of how much an investment’s performance is reduced by the effects of fees and expenses. Fees and expenses can have a significant impact on an investment’s performance over time. They can eat into returns and … Read more