Controlling is a function in the company without which is difficult to imagine the company's business. There is a lot of literature that deals with accounting and controlling, but there is very little literature that compares and shows a link between them. For this reason, the objecive of this study is to make a link between them and contribute to the scientific significance and the importance of controlling and accuracy and timeliness of accounting data. After expained and displayed profile of controlling, the information system has been displayed. In information system the most important role has accounting. Controlling and accounting are two extremely important departments inf the ABB Ltd., and at the example of this company, at the end of the this study, theory shows as valid. Controlling in Croatia is in the transitional period and has still not recived the importance it deserves, this study shows that controlling is one of the most important functions of each company and that its cooperation with the accounting is extremely important to the business of each company, including ABB Ltd's. By analyzing works in the field of accounting and controllingis concluded that contribute of significance and the importance of controlling and accuracy and precision of accounting data.