Controlling and Accountancy
The Accountancy Department is responsible for the correct administration as well as the management of the cost accounting, one of the most important controlling instruments. The Controlling Department is responsible for the transparency of business results, finance, processes and strategy thus contributing to higher profitability and optimisation of resources.
The Accountancy and Controlling Department supports the different research sections in their yearly planning, defining future projects and targets, as well as the appropriate budget, and is indispensable for a future-oriented reporting system. As for a non profit institution, the controlling plays an important role for the European Academy, since the research institute also deals with public funds.