Accounting Best Practices - Hardcover

Bragg, Steven M.

Hardcover

ISBN 10: 0471333662 ISBN 13: 9780471333661

Publisher: Wiley, 1999

Synopsis

Everything you need to know to turn your adequate practices into Best Practices Accounting Best Practices provides you with the most advanced techniques and strategies available today to help your business cut costs and improve accounting operations-regardless of your company's size or holdings. Whether you are targeting specific areas or simply need a comprehensive overview, the leading expert in the field of accounting best practices shows you precisely how to tailor best practices to fit your needs. Featuring an easy-to-read format, and covering a wide variety of accounting areas, including billing, budgeting, cash management, collections, commissions, costing, filing, financial statements, general ledger, inventory, and payroll, this essential accounting reference will help enhance and optimize your financial bottom line. In addition, you'll also find:
* Complete details on the latest best practices implemented by companies today
* Flowcharts of some of the most complex best practices available
* Several concise indices of best practices, classified by type of result and functional area within the accounting field
* Numerous appendices cross-referencing the best practices to help you easily customize the best practices for your business
* And much more
Whether you are an accounting or financial manager, an internal or external auditor, or even if you consult accounting operations, you'll find Accounting Best Practices an indispensable resource-and perfect for all your fiscal needs.

About this title

From the Inside Flap

With price-cutting measures and tough competition tactics a fact of business life, companies around the world are often faced with a difficult question: How can a thriving corporation reduce its accounting department's operating costs, while still providing the largest possible range of services to the entire company? Since many professional accountants are only trained to process transactions and issue financial statements, the responsibility of reducing costs often falls to an outside consultant-an expensive and often complicated decision. What many financial and accounting managers do not realize is that there is another option to this economic dilemma. Corporations can drastically cut expenses in all areas of their accounting department operations-from accounts payable to payroll-by simply understanding and implementing the techniques known as "best practices." Accounting Best Practices reveals the latest and most important information on these advanced techniques and strategies which have been proven to increase productivity, reduce costs, and efficiently monitor a company's existing systems. Through using best practices, it is possible to slash your accounting costs and increase the speed of processing transactions, while shrinking the amount and frequency of errors. This revolutionary book will not only show you how to cut your business's costs, but will demonstrate how to optimize your company's effectiveness as well. Compiling a list of best practices accumulated through years of running accounting departments firsthand and incorporating his proven corporate consulting service experience, accounting expert Steven Bragg covers a wide range of areas, including accounts payable, billings, collections, and cash processing. These best practices, when used in conjunction with one another, can produce pathbreaking changes which radically improve whole functions, and introduce safe changes for gradual integration within the accounting department of any company with a minimum of difficulty. Through understanding this blend of best practices, accounting and financial managers alike will certainly find the right changes that can be implemented in their department structure-regardless of corporate intransigence. If you've been searching for the right ways to cut costs in your accounting department, or just want to offer more services without the added expense, look no further. Accounting Best Practices is here.

About the Author

STEVEN BRAGG, CPA, CMA, CIA, CDP, CSP, CPM, CPIM, is the Controller of Intertech Plastics. He has also been the Chief Operating Officer of Isolation Technologies and a consulting manager at Ernst & Young. He received a master's degree in finance from Bentley College and an MBA from Babson College. He has also written Just-in-Time Accounting (Wiley), Advanced Accounting Systems, Outsourcing, and Managing Explosive Corporate Growth (Wiley), and has coauthored Controllership and The Controller's Function (both from Wiley).

Edition details

• Publisher: Wiley
• Publication date: 1999
• ISBN 10: 0471333662
• ISBN 13: 9780471333661
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 282