The article profiles Prof. Dr. Heimo Losbichler, a member of the ICV Board. It describes him as a workaholic who writes many publications late at night after putting his children to bed, though he always reserves an hour for them each evening. As a university professor, his students appreciate his teaching skills and open door policy. He explains complex topics simply. The article also notes that Losbichler balances his heavy work schedule through running 1800 km per year and skiing with his family during holidays.

1. International
Controller Association
In this issue:
 Does the ICV have an influence
on the behavior of its mem-
bers?
 Great Britain—WG London
started!
ICV Bulletin | October 2012  One-page-only in Poland
Dear Readers!
The circle of people receiving this Bulletin is getting big-
ger and bigger! Not only do we have new members in
countries belonging to the ICV – we also have new
country members! Bosnia and Herzegovina joined in
July, this month, on October 10, 2012 the first meeting of
the work group London, Great Britain took place and
Italy prepares for its first meeting soon.
More about the wonderful start in England in the Bulletin.
Mrs. Milena Heim, the Head of the ICV work group Lon-
don relates how the first meeting proceeded. Read
Representatives of the ICV Board at the ceremony about it - be the witness how the ICV history in Great
Britain begins!
40th birthday of the Controller Akademie
Another interesting topic is the List of International Ex-
Just in July we wrote about the history of perts of the ICV. We reported about this interesting initia-
the ICV. And this month Controller tive in the last issue of the Bulletin. It’s nice to announce
Akademie – an institution that ICV is very that the idea actually works! A meeting of the work
close connected to— celebrates its 40th birth- group Lublin, Poland took place on October 11-12, 2012
day. The ceremony took place on Sunday Octo- and the guest was Dr. Herwig Friedag. And one of the
ber 7, 2012 in the Kaiserin Elisabeth Golfhotel by the experts during the first meeting of the work group Lon-
Lake Starnberg, nearby Munich. don was Dr. Walter Schmidt who will also be an expert
on the coming meeting of the work group Poznan, Po-
Controller Akademie was registered on October 21, land (in November).
1972 and since then hunderts of seminars and trainings
have taken place. As always we will invite you to interesting events organ-
ized by the ICV and our partners. There are still places
We wish Controller Akademie all the best! for some interesting conferences, congresses and meet-
ings in autumn! And Regional Delegates of the ICV are
invited to the Top Management Meeting on November
24, 2012.
At the end you will get to know a man who sets an ex-
ample for all ICV members with his enthusiasm and atti-
tude! Next Board Member in the series presenting the
Board with the tongue in cheek is Prof. Dr. Heimo Los-
bichler.
Much pleasure while reading!
Yours
Dr. Adrianna Lewandowska
Controller Congress 1980, an event organized together ICV Board Member
by Controller Akademie and the International Controller
Verein
www.controllerverein.com Controlling - Creating Future
Publisher: International Controller Association ICV | Poznań Office

2. ICV Bulletin | October 2012
Does the ICV have an influence on the behavior of its members?
by Jürgen Weber
The 2nd of December 2001 in the U.S.: the internationally
operating energy company Enron has announced its bank-
ruptcy due to numerous balance sheet manipulation. In the
next years it was followed by financial scandals around the
world, including the insolvency of, for example, WorldCom
and Parmalat after. At the center of accusation are ac-
countants and controllers who through unethical and illegal
activity made the scandals possible.
Good ten years after these events the effects are still no-
ticeable. In both academic publications as well as in prac-
tice literature a discourse on the relevance of the ethical
component in the controller profession can be seen. In
those are international prominent form and also the con-
troller association like the Chartered Institute of Manage-
ment Accountants (CIMA) and the Institute of Management
Accountants (IMA) included. They always emphasize that However, the connection between the knowledge of the
their members are dedicated to the Code of Ethics and Controller Statements and the tendency to behave unethi-
such unethical behavior at the beginning of the 21st cen- cally can be found - and it is negative! Mere membership of
tury is hardly possible. the ICV still does not make an ethical controller. Rather,
there is a conflict between the essence of the
A code of ethics does not exist in the German controlling controlling and the guidelines on
G!!!
sector. Here controller could and can fall back on the Con- good con- troller work -
LIN
troller Statements of ICV. Therefore, can the knowledge of namely, the Con-
the Controller Statements as a hygiene factor be seen on
ROL
troller Statements - the way
the way to ethically operating controller? This of ethical and responsible controlling.
BALL
question is investigated with WHU Con- Therefore, in the future ICV should work to
troller Panel (especially thank increase the awareness of the Controller Statements
to Keke Hiller who
THE among its members.
KEEP
pre-pared these
state- ments) in a sur- A pleasant side effect of - as a further result of the study – is
vey con- ducted among more than a positive relationship between the knowledge of the Con-
850 control- lers recently. Here an influence on troller Statements and the identification with the controller
unethical behavior was examined. Firstly, if the member- profession. In this sense those controllers that have better
ship of ICV have an influence on the person (yes; no) and, knowledge of the Controller Statements, have higher affilia-
secondly, the state of knowledge of the Controller State- tion with the controller profession.
ments (widely known; little known; not known). We have
concentrated on a particular form of unethical behavior that
is ultimately responsible for the aforementioned scandals: ICV with the Controller Statement is also a successful an
It is about an unethical behavior that the company - at influential compendium. Although, compared to the code of
least in the short term - uses (such as a concealment of ethics, an ethics component is less developed here, the
information harmful to the company or deliberate exag- controller statements still show the desired effect. Based on
geration in order to make the company look good). Lining a large data collection from WHU Controller Panel could be
his own pocket, the controller was not seen by us. told that a better understanding of the Controller Statements
not only lead to more ethical and responsible controlling, but
The results generally fall out for the ICV very well. There also increases the identification with the controller profes-
was of course no connection between the ICV membership sion.
and the tendency of the controller to behave unethically.
Autor:
Prof. Dr. Dr. h.c. Jürgen Weber
Director of the Institute for Management and Controlling of the WHU—Otto Beisheim Scho-
ol of Management, Vallendar
The Chairman of Kuratorium of the International Controller Verein
e-mail: juergen.weber@whu.edu
© International Controller Association ICV | Poznań Office

3. ICV Bulletin | October 2012
Great Britain—a good start!
By Milena Heim
Work group London is the youngest work group in the ICV.
The first meeting took place last Friday. Milena Heim, the head of
the work group reports about it.
On 11/12 October a new work group was born – the first
work group outside continental Europe, the first work group
in the United Kingdom. This first meeting was a joint effort of
finance and communication professionals. An expert lecture
on Communication Controlling, given by Prof. Tom Watson,
Professor of Public Relations at Bournemouth University
and Dr Kerstin Liehr-Gobbers from Reputation Inc, attracted
almost 20 people (half of them business communicators) on
the first day. They presented Communication Controlling as
a total approach to communication performance manage-
ment that is aligned with corporate objectives.
one of the main originators of building up a work group in
Great Britain). There was an intensive discussion on both
topics after the lectures. The participants who remained 11
on the second day also lively debated on the similarities and
discrepancies between “German” controlling and “English”
management accounting. Some of them even agreed to
prepare a statement outlining the main findings. This topic
will be definitely discussed during the next meeting which
will take place on 18/19 April 2013.
On the second day two top-class speakers explained how a
The audience was very international – from Germany, Italy,
controller can develop a strategy (Bernard Marr, The Advan-
Bulgaria, of course from the UK and even from Saudi Ara-
ced Performance Institute) and successfully implement it
bia. One colleague came from Jeddah especially to join that
applying a balanced scorecard (Walter Schmidt, member of
first meeting.
the ICV board and work group Berlin-Brandenburg and also
Are there other matters that should be discussed? If you
think there are more topics the Top Management talk about
write us!
ICV invites you also for many notable conferences and con-
gresses. See for yourself!
1. October 25-26, 2012, Slovenia
12. ACC Adriatic Controlling Conference
2. October 27, 012, Berlin, Germany
12. CIB Controlling Innovation Berlin
COMING SOON IN THE ICV!
3. November 15, 2012, Bonn, Germany
One of the most important events in this autumn is the 8. CAB Controlling Advantage Bonn
Top Management Conference where the Board and Re-
gional Delegates will discuss the future of the ICV. The 4. November 23, 2012, Steyr, Austria
Delegates will present their regions, but also talk about 11. CIS Controlling Insights Steyr
topics:
 New CMS system of the ICV Homepage 5. November 29, 2012, Ehningen, Germany
 Company members in the ICV 10. CCS Controlling Competence Stuttgart
 Requirements for the leaders
You’re more than welcome!
 Strategic development of the ICV
© International Controller Association ICV | Poznań Office

4. ICV Bulletin | October 2012
List of International Experts of the ICV
Work group Lublin, Poland is one of the first work groups that used the idea of international experts of the
ICV – exchanging knowledge and experience between controllers from “new” and “more established”
member countries. We will be really international if not only we find new work groups in different places in
Europe and in the world, but especially when we take international activities. That’s why we created the
List of International ICV Experts.
Controllers know how important it is to always look out for new opportunities and chances and possibili-
ties to develop. In volatile times exchanging knowledge and experience acquires even more importance.
Continuous improvement of competences of controllers, especially controllers from International Controller Association, is
close to our hearts.
The List of International Experts is accessible for the lead-
ers of not German speaking work groups, so that they
could invite people from this list to their meetings. The
travel and accommodation costs will be of course beard by
the members of these work groups. We hope all work
group leaders will use this opportunity.
Dr. Walter Schmidt was already a quest at the first meeting
of the work group London, Great Britain and will be also an
expert at the meeting of the work group Poznan, Poland in
November (topic: Modern Budgeting). Dr. Herwig Friedag,
again, is on oct. 19th in Sofia, Bulgaria.
All work groups that would like to invite an expert from
a br oad sho uld c on tac t A nna W łoda rc zyk :
anna.wlodarczyk@icv.pl.
The organizing team of the work group Lublin invited Dr.
Herwig Friedag to discuss the topic of one-page-only re-
porting. Here the report from the meeting.:
Many participants at the WG Lublin Meet- files and compress them to a short report. For me it was
really astonishing how quickly and professionally my Polish
ing, Poland friends could carry the task out.
one-page-only in Zamosc
After dinner – we all had accommodation in a beautiful hotel
by Dr. Herwig Friedag – we could play bowling together and talk a lot – some of us
till 2.00 in the morning – a very active work group!
On October 11, 2012 the work group Lublin, Poland met in
Zamosc for its 14th meeting on a large scale: almost 30 The Friday morning
controllers arrived to discuss together the topic of one-page- was dedicated to a
only - reporting on only one page. Reports are a part of con- discussion about most
troller’s everyday life – that’s why the participants showed important tasks of a
much interest to discuss the problem together, get to know report, about taking
different points of view and introduce new ideas to their individual goals of
work. report‘s recipient into
consideration as well
Zamosc, hometown of Rosa Luxemburg and also (a nearby as about demonstrat-
village) the former president of Germany Horst Köhler lies in ing own ideas for an
the half way between Warsaw and Cracow. But about the one-page-only-report.
half of this way while going by car means using regional Group works brought following topics closer to the partici-
roads and a travel of 5 hours. Zamosc itself has a beautiful pants:
restored old town – world cultural heritage since 1992.
 How much does a normal monthly report cost in my
For it’s usual in Poland, the work group met on Thursday company?
afternoon. At the beginning all participants had a task from
 Seven most important goals and suitable indicators
the head of the work group: they had to analyze two Excel
for the head of Sales
 Less columns means more! Which of them are
important?
Everybody had much fun – and we also learnt from each
other! Many thanks to the organizing team: Luiza
Zaporowska, Danuta Koniak, Mirek Wojtaszko und Pawel
Rafalski.
© International Controller Association ICV | Poznań Office

5. ICV Bulletin | October 2012
In this issue the caricature of the series presenting the
Members of the ICV Board with tongue in cheek. After
the Chairman Siegfried Gänβlen it’s Prof. Dr. Heimo
Losbichler’s turn.
Your Bulletin Team—in the hope that the Board sense of
humor...
The ICV with whole his heart!
By Prof. Albert Mayr
Prof. (FH) DI, Dr. Heimo Losbichler: Executive Chairman
oft he ICV, Chairman oft he IGC, professor Stellvertretender
Vorsitzender des ICV, Vorsitzender der IGC, Professor and
Academic Programm Director at the University of Applied
Sciences Upper Austria, Faculty for Management.
Workaholic and a loving father!
The best time to work for Heimo Losbichler is the moment
after he puts his children to bed. He wrote many of his publi-
cations in that time, with his mail he deals not rarely also
after midnight. His colleagues ask him once in a while:
When and how long do you actually sleep? He answers:
Five to six hours of regeneration must be enough! Neverthe-
less he always reserves one hour in the evening for his kids.
When you hear Heimo talking by phone with his kids you
know that in spite of his high work pensum he’s always
there for them.
Similar see him his students at the university– a supporting
but also a demanding professor, his door are always open Sport as a balance to work
for personal requests. Everybody who has the privilege to
have lectures with him appreciates his great didactic skills. In the rare moments that he has for private life he’s a keen
He knows how to explain complex contents in a simple and runner all the year around (last year 1800 km). During sum-
well understandable way. At the Faculty for Management of mer holidays you can meet him by the Lake Garda windsurf-
the University of Applied Sciences Upper Austria there are ing and in winter with his family on a ski run. Probably his
only few others who show as brilliant evaluation path in his wife skies even better than he does, what must mean some-
seminars as he does. Controllers who heard him as a thing – some years ago he was the mayor of Steyr. It’s said
speaker by ICV-events know what I have in mind. that in his youth he used to play ice hockey and he body
checked a lot but also scored a lot.
“A man who likes taking responsibility“
The ICV with whole his heart
Heimo Losbichler was born in 1965 in Steyr, Austria. He
graduated from Higher Technical Institute (HTL Steyer) Heimo Losbichler has been connected to the ICV since the
there. Later he studied business information technology in beginning of his career. During the time in Austrian Indus-
Linz where he also wrote his dissertation. The first station of tries Manfred Blachfellner and Wolfgang Berger-Vogel were
his career was the biggest Austrian concerns back then his mentors. At the beginning, as an ICV member yet he ran
owning Austrian Industries. He managed the task so well the work group Austria III since 2001. Further stations were
that he received the job to build controlling in one of the the role of regional delegate Austria and ICV Board member
biggest Austrian construction company. After that he was since 2005.
one of professors responsible for preparing new courses at
the University of Applied Sciences Upper Austria. He devel- The one who knows him knows that he’s dedicated to the
oped the course “e-Business” and later – bachelor and mas- ICV with whole his heart. “Controlling Insights Steyr“ with
ter course “Controlling, accounting and finance”. 375 participants in 2011, one of the leading controlling
events in German speaking area, has taken place for more
than 10 years. Its existence is a proof for his efforts for the
Only few people have so much engagement and awareness
sake of the ICV. His main goals for the next years is further
of responsibility as he does in what he works on. That’s why
making the ICV the main address for controlling compe-
he’s been chosen to Dean of the Faculty for Management.
tence internationally and establishing the controlling under-
One who knows high school environment knows also that
standing of the ICV as an international dominating standard
the function might bring much work and much criticism – but
by the IGC.
not much money. This function demands leadership skills
and much integration ability.
We wish him all the best!
© International Controller Association ICV | Poznań Office

6. ICV Bulletin | October 2012
The ControllerPreis 2013 to be Controlling-NachwuchsPreis ICV Mission Statement
taken 2012
International Controller Association The ICV being a non-commercially
is starting advertising for Controller There are 12 thesis’ and disserta- oriented association is the biggest
-Preis 2013. Everybody can com- tions submitted for Controlling- controller organization in Europe.
pete by submitting your controlling NachwuchsPreis 2012 – a price for
solutions. young professionals. Awarded will
be innovative and practical ideas. ICV Key Objectives
Compete with your final assign-
ment! The price will be awarded on
The ICV as an active
October 27, 2012 in Berlin. The
reward – 4 000 EUR is founded by international network
Haufe-Verlag and Haufe-Akade- enhances the function
mie. of practically applied
controlling and the role
Challenge your colleagues in the More about the ICV awards: http:// of the controller
competition and face the decision www.controllerverein.com/ in the responsibility
of our competent judges! Awards.158549.html for successful
More about the ICV awards: http://
www.controllerverein.com/
Awards.158549.html
All work groups in non-German speaking countries
Bosna and Hercegovina
Slavko Simić
bono@blic.net
Bulgaria Poland
Denko Yamboliev Gdańsk Warszawa
denko@excite.com Robert Panufnik Karol Sikora
r.panufnik@vector.com.pl karol.sikora@icv.pl
Croatia
Jasmina Očko Katowice Wrocław
jasmina.ocko@kognosko.hr Anna Jarkulisz Honorata Ulatowska
anna.jarkulisz@arcelormittal.com honorata.ulatowska@icv.pl
Great Britain
Milena Heim Kraków Zielona Góra
milena.heim@gmx.net Dorota Gołąb-Bełtowicz Małgorzata Lepak
dbeltowicz@bonifratrzy.krakow.pl malgorzata.lepak@icv.pl
Estonia
Toomas Haldma Lublin Romania
toomas.haldma@ut.ee Paweł Rafalski Cristina Hodea
pawel.rafalski@solet..pl cristina.hodea@gmail.com
Lithuania
Edita Gimžauskienė Łódź Russia
edita.gimzauskiene@ktu.lt Karolina Zielińska Valentin Usenkov
karolina.zielinska@icv.pl zoom@mail.ru
Hungary
Budapest 1 Poznań Serbia
Ervin Nemesdy Dariusz Gulczyński Bojan Šćepanović
nemesdy@mce.hu dariusz.gulczynski@icv.pl mcb@eunet.rs
Budapest 2 Szczecin Slovenia
Andreas Kovacs Aleksander Socha Dragica Erčulj
kovács@mcskft.hu aleksander.socha@ramirent.pl dragica.erculj@crmt.com
Italy Toruń Spain
Claudio Zoldan Andrzej Derkowski Ulrich Müller Bosom
claudio.zoldan@bofrost.it andrzej.derkowski@neuca.pl ulrich.mueller.bosom@gmail.com
Imprint Editing International Controller Association
Publisher and Copyrights: Brigitte Dienstl-Arnegger ICV Office Poland
Dr. Herwig Friedag Ul.Fredry 7/1
International Controller Association
61-809 Poznań PL
Public Relations Committee Dr. Adrianna Lewandowska
Phone/Fax +48 61 853 20 10
Hans-Peter Sander Mail: anna.wlodarczyk@icv.pl
Anna Włodarczyk