IGC

International Group of Controlling IGC / International Group of Controlling (IGC)

The International Group of Controlling IGC was founded in 1995. Its main objectives are to promote common interests in accounting and controlling education as well as research and development in the whole field of controllership. The IGC also serves as a platform for its members to harmonise and develop a common understanding of controlling concepts and a uniform terminology. Based on these objectives the IGC formulated a mission statement for controllers already in 1996:

Controllers design and accompany the management process of goal-finding, planning and controlling and thus are co-responsible for reaching the objectives. Controllers ensure the transparency of business results, finance, processes and strategy and thus contribute to higher economic effectiveness. Controllers coordinate sub-targets and sub-plans in a holistic way and organise a reporting-system that is oriented towards the future and covers the enterprise as a whole. Controllers moderate and design the process of goal-finding, planning and management control so that every decision-maker can act in accordance with agreed objectives. Controllers provide all relevant controlling-information to managers. Controllers develop and maintain the controlling systems. Controllers are thus internal consultants to all decision-makers for questions in planning, performance and accounting.

The dictionary for controllers, published by the International Group of Controlling IGC, is aimed at practitioners (controllers and managers) – as well as students. It is intended as a reference guide for the most important technical terms. This 4th edition has been enhanced and revised to various currently discussed terms. The dictionary for controllers was purchased more than 17’000 times since the year 2000. Thus it has become an international standard for technical terms in controlling and for controllership.

Dkfm. Dr. Wolfgang Berger-Vogel
Chairman of the IGC International Group of Controlling,
Linz, Austria
in spring 2010

Source

IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010