Management Accounting & Controlling
Ongoing financial steering to keep performance on track.
Controlling focuses on monitoring how the business is performing against defined expectations during the current period. It provides management with regular visibility into deviations, cost drivers, and performance trends, allowing corrective action to be taken early.
The purpose of controlling is not planning future scenarios, but ensuring that day-to-day execution remains aligned with targets, budgets, and operational intent.
What we mean by “controlling”
Controlling is the structured comparison of actual financial results against agreed reference points, such as budgets, targets, or internal benchmarks.
It translates accounting data into management-relevant insight and supports disciplined execution by making deviations visible while they can still be addressed.
Who is this for?
This service is intended for companies that:
Work with budgets, targets, or internal financial expectations
Want regular visibility into how performance develops during the period
Need early signals when costs, margins, or results drift
Require financial steering beyond year-end reporting
Who is this not for?
This service is not suited for companies that:
Do not work with financial targets or benchmarks
Only require compliance or statutory reporting
Are looking primarily for forward-looking planning or scenario modeling
What is done in practice
Definition of targets and reference values
1
Relevant budgets, cost limits, and performance benchmarks are defined as the basis for ongoing comparison.
Actual financial results are reviewed against defined reference values on a recurring basis.
Regular comparison of actuals against targets
2
Deviations that exceed expected or acceptable ranges are identified and isolated.
Identification of deviations
3
Analysis of underlying drivers
4
The main cost, revenue, or volume drivers behind deviations are examined to distinguish one-off effects from structural issues.
5
Management-focused performance overview
Results are summarized in a clear format that highlights where attention or action is required.
Why it matters
Without controlling, deviations in costs or performance often become visible only after they have already affected results. Issues accumulate quietly and are addressed too late, when options are limited.
A structured controlling process creates early visibility and maintains financial discipline. It enables management to intervene in time, adjust execution, and keep the business on track.