Centralized vs decentralized acccounting, perspectives and experience with
We currently run 4 mfg plants of similar size ($25 MM sales, 200 ee's each) in 3 states with a controller and related accounting functions at each plant reporting into a corporate CFO at the parent. We have a centralized computer system so there is no reason we could not move more accounting functions to corporate other than the plant manager prefers autonomy and keeping this set up. Does the additional cost of having the on site accounting depth outweigh the benefit? Would a plant accountant suffice vs a higher cost cpa or mba controller? Thoughts? I am interested in horror stories or solutions that worked.