10 1 open envelopes with a belt sander

... Chapter 11 Finance Best Practices 244 Chapter 12 Financial Statements Best Practices 266 Chapter 13 General Best Practices 295 Chapter 14 General Ledger Best Practices 333 Chapter 15 Internal Auditing ... In alphabetical order, the various causes of failure are noted as follows: • Alterations to packaged software A very common cause of failure is that a best practice requires changes to a software ... Cost Accounting Design and Maintenance of Accounting Manuals Essentials of Payroll Fast Close Financial Analysis GAAP Guide GAAP Implementation Guide Inventory Accounting Inventory Best Practices...

Ngày tải lên: 20/06/2014, 18:20

... ch03_4773.qxd 12 /29/06 9:09 AM Page 51 3–25 Link Supplier Requests to the Accounts Payable Database 51 3–25 Link Supplier Requests to the Accounts Payable Database A significant task for an accounts payable ... workload of the accounts payable staff Cost: Installation time: 3–32 Install a Payment Factory In a typical accounts payable environment, a company allows its subsidiaries to manage their own payables ... Linking an e-mail remittance advice to a wire transfer is rarely available on accounting software packages, so a company ch03_4773.qxd 12 /29/06 9 :10 AM Page 67 3–44 Use Signature Stamp 67 would have...

Ngày tải lên: 20/06/2014, 18:20

... inflation rate, average pay raise, ch05_4773.qxd 12 /29/06 8:59 AM Page 11 1 5–9 Include a Working Capital Analysis 11 1 average employee benefit percentage, seasonality percentage for revenues, changes ... charged as a standard percentage of sales, consider setting up a “freight” sales tax authority in the accounting software that will automatically include a shipping charge as part of the sales ... invoice data-entry screen, and each one is a separate programming project Also, if a company purchased its software from a third party, it ch04_4773.qxd 12 /29/06 9 :12 AM Page 93 4 11 Have Delivery...

Ngày tải lên: 20/06/2014, 18:20

... addition, AvantGard-ASP has a data file download ch06_4773.qxd 12 /29/06 9 :14 AM Page 14 1 6 11 Utilize an Investment Policy 14 1 that can be modified for automated porting to a company’s general ledger, ... 7 11 Write off small balances with no approval 7 12 Create an accurate bad debt forecast Collection Systems 7 13 Compile customer assets database 7 14 Maintain access to customer orders database ... analyzes the locations and average sales to all customers, calculates the average mail float for each one, and offsets this information with ch06_4773.qxd 12 /29/06 9 :14 AM Page 13 4 13 4 Cash Management...

Ngày tải lên: 20/06/2014, 18:20

... variances by comparing the standard scrap to actual scrap The problem with this approach is that the company adopts a mind-set that the standard scrap levels are acceptable, and so never undertakes ... for approval, though this irritates the sales manager A better and more politically correct variation is to persuade the sales manager to adopt a midway solution that leaves both parties partially ... If access by multiple people cannot be avoided, then a less-reliable variation is to require approval by a manager before making a change However, as someone can make a change without approval,...

Ngày tải lên: 20/06/2014, 18:20

... work 12 10 Eliminate multiple approvals 12 11 Eliminate small accruals 12 12 Reduce investigation levels Work Management 12 13 Assign closing responsibilities 12 14 Compress billing activities 12 15 ... Cost: Installation time: 11 18 Obtain Advance Rating Assessments A company with publicly held debt can never be sure about the change in its rating by a major rating service after it has taken some ... reduce prices based on the factors just noted Cost: Installation time: ch 11_ 4773.qxd 12 /29/06 9:22 AM Page 257 11 18 Obtain Advance Rating Assessments 257 11 17 Obtain Key Man Life Insurance for the...

Ngày tải lên: 20/06/2014, 18:20

... overauditing of internal audits 15 –8 Complete all internal audit work papers in the field 15 –9 Create a control standards manual 15 10 Create an on-line internal audit library 15 11 Create and ... AM Page 3 41 14–6 Use Forms/Rates Data Warehouse for Automated Tax Filings 3 41 14–6 Use Forms/Rates Data Warehouse for Automated Tax Filings Any organization that operates in a number of states ... as a Data Warehouse” section later in this chapter, where one can see that extra data can be added to an existing general ledger, rather than exporting the general ledger to a separate database...

Ngày tải lên: 20/06/2014, 18:20

... deposit 17 16 Transfer payroll to debit cards 17 17 Use direct deposit Payroll Management 17 18 Automate vacation accruals 17 19 Consolidate payroll systems 17 –20 Eliminate personal leave days 17 – 21 ... integrated with a bar code scanner that communicates by radio waves with a central warehouse database For example, a person picks a part from stock, scans the item’s bar code and the loca- ch16_4773.qxd ... This implementation approach allows for a gradually increasing investment in the technology as a company gradually learns about its applicability A major advantage of RFID is its ability to provide...

Ngày tải lên: 20/06/2014, 18:20

... inflation rate, average pay raise, ch05_4773.qxd 12 /29/06 8:59 AM Page 11 1 5–9 Include a Working Capital Analysis 11 1 average employee benefit percentage, seasonality percentage for revenues, changes ... charged as a standard percentage of sales, consider setting up a “freight” sales tax authority in the accounting software that will automatically include a shipping charge as part of the sales ... invoice data-entry screen, and each one is a separate programming project Also, if a company purchased its software from a third party, it ch04_4773.qxd 12 /29/06 9 :12 AM Page 93 4 11 Have Delivery...

Ngày tải lên: 21/06/2014, 04:20

... addition, AvantGard-ASP has a data file download ch06_4773.qxd 12 /29/06 9 :14 AM Page 14 1 6 11 Utilize an Investment Policy 14 1 that can be modified for automated porting to a company’s general ledger, ... 7 11 Write off small balances with no approval 7 12 Create an accurate bad debt forecast Collection Systems 7 13 Compile customer assets database 7 14 Maintain access to customer orders database ... analyzes the locations and average sales to all customers, calculates the average mail float for each one, and offsets this information with ch06_4773.qxd 12 /29/06 9 :14 AM Page 13 4 13 4 Cash Management...

Ngày tải lên: 21/06/2014, 04:20

... every day, and have a manager inquire about the status of all items in the account on a regular basis Also, not evaluate the performance of the cash application staff based on how fast they can apply ... Manufacturing National Professional Apparel Manufacturers National Electronics and Communications National Seed Distributors National Fundraising Manufacturers National Steel Mill National Garage ... National Credit Management Groups National Agricultural Credit Conference National Musical Instrument National Christian Suppliers National Paper Packaging Credit Group National Coated Paper and...

Ngày tải lên: 21/06/2014, 04:20

... computer database 10 10 Improve computer system reliability 10 11 Track documents with RFID Other Filing Issues 10 12 Adopt a document-destruction policy 10 13 Eliminate attaching back-up materials ... stock purchase plan 11 10 Sell shares in an Internet-based auction 11 11 Use Web broadcasting for public reporting Option Management 11 12 Automate option tracking 11 13 Use Internet-based options ... Pension Management 11 14 Automate 4 01( k) plan enrollment 11 15 Grant employees immediate 4 01( k) eligibility Risk Management 11 16 Consolidate insurance policies 11 17 Obtain key man life insurance...

Ngày tải lên: 21/06/2014, 04:20

... Systems 13 13 Create a contract terms database 13 14 Install a knowledge management system 13 15 Scan fingerprints at user workstations Taxation 13 16 Create an on-line tax policy listing 13 17 Designate ... ch13_4773.qxd 12 /29/06 9:26 AM Page 315 13 13 Create a Contract Terms Database 315 Exhibit 13 .7 Sample Contract Terms Database: ABC Company Agreements Summary Due Date Termination Date Frequency Last Day ... Designate a tax liaison for each government jurisdiction 13 18 Assign tax staff to business units 13 19 Outsource tax form preparation 13 –20 Pay federal taxes on-line 13 – 21 Pay taxes with a credit...

Ngày tải lên: 21/06/2014, 04:20

... so that users can easily search for items of particular interest Cost: Installation time: 15 11 Create and Disseminate Information from a Best Practices Database A large company will have many ... internal audits that are wrapped up in the field Cost: Installation time: 15 –9 Create a Control Standards Manual Auditors are trained to have a good idea of which control standards should be attached ... documents and that must be cleared by the audit team before the work papers will receive final approval Workflow software can also maintain a database of previous audit work at each company location, as...

Ngày tải lên: 21/06/2014, 04:20

... deposit 17 16 Transfer payroll to debit cards 17 17 Use direct deposit Payroll Management 17 18 Automate vacation accruals 17 19 Consolidate payroll systems 17 –20 Eliminate personal leave days 17 – 21 ... integrated with a bar code scanner that communicates by radio waves with a central warehouse database For example, a person picks a part from stock, scans the item’s bar code and the loca- ch16_4773.qxd ... This implementation approach allows for a gradually increasing investment in the technology as a company gradually learns about its applicability A major advantage of RFID is its ability to provide...

Ngày tải lên: 21/06/2014, 04:20

... issues, 10 3 10 5 Line item preloading, 11 9 On-line updating, 12 5 Procedure, 11 6 11 9 Revisions, 12 2 Risk analysis, 11 5 11 6 Simplification, 12 3 12 4 Software, 12 0 12 1 Summary-level, 11 0 11 1 Business ... driver analysis, see Driver analysis Calendars, activity, 306 Capacity Analysis, 10 6 10 7 Tracking, 212 Capital budget, 11 8, 11 9 12 0 Captive insurance company, 258 Cash Application techniques, 17 0 ... Budgeting Activity-based, 11 3 11 4 Assumption definition, 10 5 10 6 By employee groups, 10 9 Best practices, 10 3 12 8, 456–457 Data storage, 12 4 Flex, 11 4 11 5 Impact of best practices on, 12 6 12 8 Implementation...

Ngày tải lên: 21/06/2014, 04:20

... addition, AvantGard-ASP has a data file download ch06_4773.qxd 12 /29/06 9 :14 AM Page 14 1 6 11 Utilize an Investment Policy 14 1 that can be modified for automated porting to a company’s general ledger, ... 7 11 Write off small balances with no approval 7 12 Create an accurate bad debt forecast Collection Systems 7 13 Compile customer assets database 7 14 Maintain access to customer orders database ... analyzes the locations and average sales to all customers, calculates the average mail float for each one, and offsets this information with ch06_4773.qxd 12 /29/06 9 :14 AM Page 13 4 13 4 Cash Management...

Ngày tải lên: 21/06/2014, 18:20

... variances by comparing the standard scrap to actual scrap The problem with this approach is that the company adopts a mind-set that the standard scrap levels are acceptable, and so never undertakes ... for approval, though this irritates the sales manager A better and more politically correct variation is to persuade the sales manager to adopt a midway solution that leaves both parties partially ... If access by multiple people cannot be avoided, then a less-reliable variation is to require approval by a manager before making a change However, as someone can make a change without approval,...

Ngày tải lên: 21/06/2014, 18:20

... computer database 10 10 Improve computer system reliability 10 11 Track documents with RFID Other Filing Issues 10 12 Adopt a document-destruction policy 10 13 Eliminate attaching back-up materials ... stock purchase plan 11 10 Sell shares in an Internet-based auction 11 11 Use Web broadcasting for public reporting Option Management 11 12 Automate option tracking 11 13 Use Internet-based options ... Pension Management 11 14 Automate 4 01( k) plan enrollment 11 15 Grant employees immediate 4 01( k) eligibility Risk Management 11 16 Consolidate insurance policies 11 17 Obtain key man life insurance...

Ngày tải lên: 21/06/2014, 18:20

... work 12 10 Eliminate multiple approvals 12 11 Eliminate small accruals 12 12 Reduce investigation levels Work Management 12 13 Assign closing responsibilities 12 14 Compress billing activities 12 15 ... Cost: Installation time: 11 18 Obtain Advance Rating Assessments A company with publicly held debt can never be sure about the change in its rating by a major rating service after it has taken some ... reduce prices based on the factors just noted Cost: Installation time: ch 11_ 4773.qxd 12 /29/06 9:22 AM Page 257 11 18 Obtain Advance Rating Assessments 257 11 17 Obtain Key Man Life Insurance for the...

Ngày tải lên: 21/06/2014, 18:20