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Accounting Control Best Practices

Accounting Control Best Practices PDF Author: Steven M. Bragg
Publisher: John Wiley & Sons
ISBN: 0470464135
Category : Business & Economics
Languages : en
Pages : 400

Book Description
Accounting Control Best Practices, Second Edition Control systems are needed to ensure that a company's assets are used in the most productive manner and that they are not lost through fraudulent activities. However, an excessive use of controls can interfere with the efficient completion of activities within a company. Whether your company is in start-up mode, installing new systems, or simply dissatisfied with existing controls due to fraudulent losses, Accounting Control Best Practices, Second Edition is the reference handbook every accountant and systems analyst can use to ensure that their company has constructed a durable and efficient set of controls. This easy-to-use handbook clearly explains how to develop an effective system of accounting and operational controls and offers the best practices with pragmatic insights and proactive strategies to protect organizations from suffering further substantial losses of assets and reputation that occur from financial dishonesty within an organization. Author and renowned accounting expert Steven Bragg provides control flowcharts in every chapter for all major processes as well as a thorough set of corporate policies designed to support the system of controls. Now containing chapters on budgeting, collections, and acquisition integration, this valuable reference handbook offers essential information on control best practices for: Order entry, credit, and shipment Inventory management Billing Cash-handling Payroll Fixed assets Budgeting Financial reporting Just-in-time manufacturing Petty cash And many more Encompassing all of the major accounting and operational processes with nearly 500 controls presented in basic, intermediate, and advanced layers, from those needed for a very basic paper-based system, to computerized systems, to the use of advanced best practice enhancements in computerized systems, Accounting Control Best Practices, Second Edition is the only guidebook needed to devise a set of controls precisely tailored to every company's system.

Accounting Control Best Practices

Accounting Control Best Practices PDF Author: Steven M. Bragg
Publisher: John Wiley & Sons
ISBN: 0470464135
Category : Business & Economics
Languages : en
Pages : 400

Book Description
Accounting Control Best Practices, Second Edition Control systems are needed to ensure that a company's assets are used in the most productive manner and that they are not lost through fraudulent activities. However, an excessive use of controls can interfere with the efficient completion of activities within a company. Whether your company is in start-up mode, installing new systems, or simply dissatisfied with existing controls due to fraudulent losses, Accounting Control Best Practices, Second Edition is the reference handbook every accountant and systems analyst can use to ensure that their company has constructed a durable and efficient set of controls. This easy-to-use handbook clearly explains how to develop an effective system of accounting and operational controls and offers the best practices with pragmatic insights and proactive strategies to protect organizations from suffering further substantial losses of assets and reputation that occur from financial dishonesty within an organization. Author and renowned accounting expert Steven Bragg provides control flowcharts in every chapter for all major processes as well as a thorough set of corporate policies designed to support the system of controls. Now containing chapters on budgeting, collections, and acquisition integration, this valuable reference handbook offers essential information on control best practices for: Order entry, credit, and shipment Inventory management Billing Cash-handling Payroll Fixed assets Budgeting Financial reporting Just-in-time manufacturing Petty cash And many more Encompassing all of the major accounting and operational processes with nearly 500 controls presented in basic, intermediate, and advanced layers, from those needed for a very basic paper-based system, to computerized systems, to the use of advanced best practice enhancements in computerized systems, Accounting Control Best Practices, Second Edition is the only guidebook needed to devise a set of controls precisely tailored to every company's system.

Guidebook on Risk Analysis Tools and Management Practices to Control Transportation Project Costs

Guidebook on Risk Analysis Tools and Management Practices to Control Transportation Project Costs PDF Author: Keith Robert Molenaar
Publisher: Transportation Research Board
ISBN: 0309154766
Category : Project management
Languages : en
Pages : 132

Book Description
This guidebook provides guidance to state departments of transportation for using specific, practical, and risk-related management practices and analysis tools for managing and controlling transportation project costs. Containing a toolbox for agencies to use in selecting the appropriate strategies, methods and tools to apply in meeting their cost-estimation and cost-control objectives, this guidebook should be of immediate use to practitioners that are accountable for the accuracy and reliability of cost estimates during planning, priority programming and preconstruction.

Management Control

Management Control PDF Author: Werner Bruggeman
Publisher:
ISBN: 9781780684512
Category : Controllership
Languages : en
Pages : 316

Book Description
Management Control: Concept, Methods and Practices conceptualises management control concepts, methods and practices used by C-level executives and controllers in managing financial and strategic performance. The authors show how financial and strategic performance control processes can be integrated in order to create and improve internal strategic alignment. Alongside traditional controls (such as managing cost centres, profit centres, investment centres, budgeting, and variance reporting) the use of advanced costing systems (such as activity-based costing and time-driven activity-based costing) and the balanced scorecard in planning and executing improvements of financial and strategic performance is discussed. The authors illustrate how controllers can run a control process in which intended strategies, performance measures, performance targets, actions, and budgets are all aligned with each other across all organisational levels (vertical alignment) and between business units and functions (horizontal alignment), and in which financial performance is controlled in relation to strategic performance. The authors promote a holistic approach and highlight the role of human motivation in the design of management control systems. Using insights from the psychology literature on motivation in the workplace, this book argues that management control systems should not only align goals and interests of internal organisational actors, but also enhance their autonomous motivation and well-being in order to achieve sustainable performance. More specifically, the authors draw on self-determination theory to explain managerial behaviour in response to the use of control systems. Through the use of numerous examples from European companies, this book provides materials that can be used in business and management control courses at undergraduate and graduate level, as well as for use in the workplace. It will benefit managers, consultants, financial analysts, controllers, information systems designers, and executive leaders of organizations. [Subject: Business & Management]

Effective Management Control

Effective Management Control PDF Author: Eric G. Flamholtz
Publisher: Springer Science & Business Media
ISBN: 1461313597
Category : Business & Economics
Languages : en
Pages : 185

Book Description
Effective Management Control deals with a critical but relatively neglected and misunderstood aspect of organizational effectiveness: the process of controlling the behavior of people in organizations. The issue of organizational control and the design of an optimal control system is essential for the long term effectiveness of an organization: too little control can lead to confusion and chaos; conversely, too great a degree of control can result in the erosion of innovation and entrepreneurship. This monograph presents a conceptual framework for approaching these issues, and examines the role accounting can play in a successful control system. The author works towards an understanding of the nature, role, elements and functioning of organizational control and control systems in organizations. The book posits and discusses the features of a core control system and its component parts, including: planning, measurement and feedback, evaluation and reward sub-systems. It also discusses the ways in which a core control system operates within a larger organizational structure and culture. The theory is illustrated through its application to a particular case study.

MANAGEMENT CONTROL SYSTEMS : PRINCIPLES AND PRACTICES, SECOND EDITION

MANAGEMENT CONTROL SYSTEMS : PRINCIPLES AND PRACTICES, SECOND EDITION PDF Author: DAS, SUBHASH CHANDRA
Publisher: PHI Learning Pvt. Ltd.
ISBN: 9387472728
Category : Business & Economics
Languages : en
Pages : 372

Book Description
This compact and concise textbook, in its second edition, gives clear analyses of the principles and practices of management control systems being practised by the companies all over the world. Divided into seven sections, the book explains various approaches and designs of management control system. It then moves on to give a detailed description of key success variables as control indicators and explains goals, strategies and organization for adaptive control, divisional autonomy and responsibility. While describing the management tools and processes, the book explains in detail, the strategic planning and programming processes, budgeting and budgetary control, standard costing and variance analysis, transfer pricing, reward system and management control of operations. The new edition is thoroughly updated and a new chapter on Managerial Decision-Making is added to it. The chapter is added to demonstrate with examples how managerial decisions are taken by the organizations as a part of management control exercise by the application of marginal costing techniques. Primarily intended for the postgraduate students of management, the book can be equally beneficial for the commerce students, researchers, accounts professionals, and corporate policy and decision makers.

Cost Reduction and Control Best Practices

Cost Reduction and Control Best Practices PDF Author: Institute of Management and Administration (IOMA)
Publisher: John Wiley & Sons
ISBN: 1118429028
Category : Business & Economics
Languages : en
Pages : 461

Book Description
Cost Reduction and Control Best Practices provides financial manages with no-nonsense, balanced, and practical strategies that are being targeted and used nationwide for controlling costs by thousands of companies in areas such as human resources, compensation, benefits, purchasing, outsourcing, use of consultants, taxes, and exports. These best practices are based on the trenches experience, research, proprietary databases, and consultants from the Institute of Management and Administration (IOMA) and other leading experts in their fields. * Provides best practices and techniques for controlling costs within a company * New chapters focus on outsourcing costs, downsizing, consultants' costs, and business tax costs * Provides the latest strategies companies re using to control costs

Moisture Control Handbook

Moisture Control Handbook PDF Author: Joseph Lstiburek
Publisher: John Wiley & Sons
ISBN: 0471318639
Category : Architecture
Languages : en
Pages : 230

Book Description
In the climate-controlled buildings of today, moisture problemsaffect not only the useable life expectancy of the structure, butthe comfort and health of the occupants. This reference is thefirst to apply up-to-date moisture control and treatment techniquesin a problem/solution format. Opening with an introductoryexplanation of the nature and causes of mold, mildew, andcondensation, the book gives specific advice on heated, cooled, andcombination environments, plus a short course in the dynamics ofmoisture movement within buildings. Other invaluable coverageincludes: * clear, detailed recommended practices for all United Statesclimates * practices for cooling as well as heating climates (often, heatingclimate solutions are applied in cooling climates, where problemsand solutions are completely different) * an overall, systematic view of moisture problems--including howmechanical systems and occupant lifestyles can create and alsoresolve moisture problems * actual case studies of buildings with moisture problems thatillustrate the principles and practices presented in the book This detailed, no-nonsense exploration of moisture cause andeffect--as well as its protection and remediation--will expandreaders' knowledge on this crucial subject. Moisture ControlHandbook will be welcomed by building contractors, architects,mechanical engineers, building science researchers, buildingproduct manufacturers, homeowners, and small commercial buildingowners.

Strategic Management (color)

Strategic Management (color) PDF Author:
Publisher:
ISBN: 9781949373943
Category :
Languages : en
Pages : 325

Book Description
Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.

Measuring and Controlling Sustainability

Measuring and Controlling Sustainability PDF Author: Adam Lindgreen
Publisher: Routledge
ISBN: 1315401886
Category : Business & Economics
Languages : en
Pages : 503

Book Description
Efforts to establish the measurement and control of sustainability have produced notable tools, but those instruments lack applicability in practice. Increasing the level of standardization of such tools also seems difficult to achieve, because the contexts surrounding the focal organizations differ considerably. Therefore, what we need is a systematic, interdisciplinary assessment of how to measure and control sustainability, so that we can establish an essential definition and up-to-date picture of the field. Measuring and Controlling Sustainability attempts to provide such an assessment in 17 chapters, organized into four main topic sections: (a) organizations and social value creation: concepts, responsibilities, and barriers; (b) accounting, measurement, performance, and diffusion of social value; (c) practical and managerial insights from real-life cases; and (d) choices, incentives, guidance, and ethics. This research anthology provides a comprehensive collection of cutting-edge theories and research that will further the development and advancement of measuring and controlling sustainable efforts in theory and managerial practice.

Global Practices on Road Traffic Signal Control

Global Practices on Road Traffic Signal Control PDF Author: Keshuang Tang
Publisher: Elsevier
ISBN: 0128153032
Category : Law
Languages : en
Pages : 344

Book Description
Global Practices on Road Traffic Signal Control is a valuable reference on the current state-of-the-art of road traffic signal control around the world. The book provides a detailed description of the common principles of road traffic signal control using a well-defined and consistent format that examines their application in countries and regions across the globe. This important resource considers the differences and special considerations across countries, providing useful insights into selecting control strategies for signal timing at intersections and pedestrian crosswalks. The book's authors also include success stories for coping with increasing traffic-related problems, examining both constraints and the reasons behind them. Presents a comprehensive reference on country-by-country practices on road traffic signal control Compiles and compares approaches across countries Covers theories and common principles Examines the most current systems and their implementation