11 13 use internet based options pricing services

... Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6 011, fax 201-7486008, or online at www.wiley.com/go/permissions Limit of Liability/Disclaimer of Warranty: While the publisher and author have used ... cs-books@wiley.co.uk Jacaranda Wiley Ltd PRT Division P.O Box 174 North Ryde, NSW 2 113 AUSTRALIA Phone: (02) 805 -110 0 Fax: (02) 805-1597 headoffice@jacwiley.com.au John Wiley & Sons (SEA) Pte Ltd ... cause of implementation failure is that the programming required to make it a reality either does not have the requested spec- ch02_4773.qxd 12/29/06 9:08 AM Why Best Practices Fail Page 13 13...

Ngày tải lên: 20/06/2014, 18:20

... Ireland -based Fexco (www.fexcotaxreclaim.com), Meridian (a subsidiary of PRGSchultz Inc., located on the Web at www.meridianvat.com), and England -based The VAT Clearinghouse (www.thevatclearinghouse.com) ... payment (because it was sent to the wrong address), has been paid the wrong amount (because of an incorrect early payment discount rate), or has been paid at the wrong time (because of an incorrect ... being used Cost: Installation time: 3–39 Use the Universal Payment Identification Code Companies frequently avoid giving out their bank account information on the grounds that it can be used to...

Ngày tải lên: 20/06/2014, 18:20

... is reached When this type of plan is used, participants tend to “game the system,” ch05_4773.qxd 12/29/06 8:59 AM Page 113 5 11 Use Activity -Based Budgeting 113 using incorrect sales or accounting ... the inflation rate, average pay raise, ch05_4773.qxd 12/29/06 8:59 AM Page 111 5–9 Include a Working Capital Analysis 111 average employee benefit percentage, seasonality percentage for revenues, ... a summarized budget model for use by upper management 5–9 Include a working capital analysis 5–10 Link to performance measurements and rewards 5 11 Use activity -based budgeting 5–12 Incorporate...

Ngày tải lên: 20/06/2014, 18:20

... Access bank account information on the Internet 6–2 Cost Shift money with electronic funds transfer 6–10 Use Internet- based cash flow analysis software 6 11 Utilize an investment policy Exhibit ... besides an Internet browser, and can be accessed at once, if the user is connected to a direct-access Internet connection, such as a DSL, cable, or T1 phone ch06_4773.qxd 12/29/06 9:14 AM Page 131 6–1 ... 9:14 AM Page 137 6–7 Negotiate Faster Deposited-Check Availability 137 A legitimate way to retain cash for an extra day or two is to use controlled disbursements This best practice is based on the...

Ngày tải lên: 20/06/2014, 18:20

... special bonuses, and retroactive booster clauses, the commission calculation chore is mind-numbing and highly subject to error, which causes further analysis to fix An example of such a system, based ... production shortages caused by problems with the bills, and the warehouse staff sees components returned to the warehouse that were listed in the bills but not actually used; the production staff ... be the case if ABC were used, so that lower price points will now be considered to yield accept- ch09_4773.qxd 12/29/06 9:20 AM Page 211 9 11 Implement Target Costing 211 able gross margins Throughput...

Ngày tải lên: 20/06/2014, 18:20

... ch11_4773.qxd 12/29/06 9:22 AM Page 255 11 16 Grant Employees Immediate 401(k) Eligibility 255 11 13 Use Internet- Based Options Pricing Services Any accounting or treasury ... rent-a-captive Cost: Installation time: ch11_4773.qxd 12/29/06 9:23 AM Page 259 11 21 Issue Catastrophe Bonds 259 11 20 Use Internet- Based Risk Measurement Services Anyone who invests in various ... float within the organi- ch11_4773.qxd 12/29/06 9:23 AM Page 261 11 24 Use Natural Hedging for Transaction Risks 261 zation (though this can be eliminated entirely with the use of wire transfers instead...

Ngày tải lên: 20/06/2014, 18:20

... 14–4 Use identical chart of accounts for subsidiaries Data Warehousing 14–5 Use data warehouse for report distribution 14–6 Use forms/rates data warehouse for automated tax filings 14–7 Use the ... Voiding a payment Tools to use in a bank reconciliation Exhibit 13. 8 Sample Master Training Schedule General Best Practices ch13_4773.qxd 12/29/06 9:26 AM Page 329 13 28 Implement Cross-Training ... in use, and so is more applicable to smaller companies Cost: Installation time: ch14_4773.qxd 12/29/06 9:28 AM Page 341 14–6 Use Forms/Rates Data Warehouse for Automated Tax Filings 341 14–6 Use...

Ngày tải lên: 20/06/2014, 18:20

... 2004) ch16_4773.qxd 12/29/06 9:33 AM Page 413 Summary 413 Use Radio Frequency Transmission of Real-Time Data Review Inventory Returned to the Warehouse Enter Receipts into Computer at Once Inventory ... system 17–7 Switch to salaried positions 17–8 Use computerized time clocks 17–9 Use biometric time clocks 17–10 Track time with mobile phones 17 11 Use honor system to track vacation and sick time ... solution is to use real-time radio frequency scanning (see the following best practice) to upload transactions immediately Finally, the warehouse staff must be carefully trained in the use of this...

Ngày tải lên: 20/06/2014, 18:20

... is reached When this type of plan is used, participants tend to “game the system,” ch05_4773.qxd 12/29/06 8:59 AM Page 113 5 11 Use Activity -Based Budgeting 113 using incorrect sales or accounting ... the inflation rate, average pay raise, ch05_4773.qxd 12/29/06 8:59 AM Page 111 5–9 Include a Working Capital Analysis 111 average employee benefit percentage, seasonality percentage for revenues, ... a summarized budget model for use by upper management 5–9 Include a working capital analysis 5–10 Link to performance measurements and rewards 5 11 Use activity -based budgeting 5–12 Incorporate...

Ngày tải lên: 21/06/2014, 04:20

... Access bank account information on the Internet 6–2 Cost Shift money with electronic funds transfer 6–10 Use Internet- based cash flow analysis software 6 11 Utilize an investment policy Exhibit ... besides an Internet browser, and can be accessed at once, if the user is connected to a direct-access Internet connection, such as a DSL, cable, or T1 phone ch06_4773.qxd 12/29/06 9:14 AM Page 131 6–1 ... 9:14 AM Page 137 6–7 Negotiate Faster Deposited-Check Availability 137 A legitimate way to retain cash for an extra day or two is to use controlled disbursements This best practice is based on the...

Ngày tải lên: 21/06/2014, 04:20

... learning curve, which will force the company to use a very small number of collection agencies in order to learn fewer systems • Use an internet- based hosting service A third-party hosting service ... companies have an in-house collection system in place, which they use to track the status of collection efforts on overdue invoices This approach works fine until the in-house collections staff ... always cheaper to keep the collections function in-house because the fees charged by any supplier must include a profit, which automatically makes its services more expensive This is a particularly...

Ngày tải lên: 21/06/2014, 04:20

... Internet- based auction 11 11 Use Web broadcasting for public reporting Option Management 11 12 Automate option tracking 11 13 Use Internet- based options pricing services Pension Management 11 14 ... Obtain advance rating assessments 11 19 Rent a captive insurance company 11 20 Use Internet- based risk measurement services 11 21 Issue catastrophe bonds (continues) ch11_4773.qxd 12/29/06 9:22 AM ... Activities 11 1 Strategize cost of capital reductions 11 2 Obtain financing through Internet lender sites 11 3 Issue direct access notes 11 4 Purchase debt directly from the government 11 5 Take...

Ngày tải lên: 21/06/2014, 04:20

... intranet site 13 8 Sell the shared services center 13 9 Switch to an application service provider Reporting 13 10 Switch to on-line reporting 13 11 Track function measurements 13 12 Use Balanced ... 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 ... 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 card 13 22 Reduce tax penalties with Internet- based...

Ngày tải lên: 21/06/2014, 04:20

... the receiving function 16 11 Use standard containers to move, store, and count inventory 16–12 Use different storage systems based on cubic transactional volume 16 13 Optimize inventory storage ... these aisles 11 Use a bonus program Reward the entire warehouse staff with a bonus at the end of each month, based on the audited accuracy of the inventory A good measure above which bonuses should ... Best Practices 16–12 Use Different Storage Systems Based on Cubic Transactional Volume It can be difficult to slot items into various inventory locations around a warehouse just based on their cubic...

Ngày tải lên: 21/06/2014, 04:20

... 2004) ch16_4773.qxd 12/29/06 9:33 AM Page 413 Summary 413 Use Radio Frequency Transmission of Real-Time Data Review Inventory Returned to the Warehouse Enter Receipts into Computer at Once Inventory ... system 17–7 Switch to salaried positions 17–8 Use computerized time clocks 17–9 Use biometric time clocks 17–10 Track time with mobile phones 17 11 Use honor system to track vacation and sick time ... solution is to use real-time radio frequency scanning (see the following best practice) to upload transactions immediately Finally, the warehouse staff must be carefully trained in the use of this...

Ngày tải lên: 21/06/2014, 04:20

... 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 pricing services ... assessments 11 19 Rent a captive insurance company 11 20 Use Internet- based risk measurement services 11 21 Issue catastrophe bonds Treasury Management 11 22 Centralize foreign exchange management 11 23 ... services center 13 9 Switch to an application service provider Reporting 13 10 Switch to on-line reporting 13 11 Track function measurements 13 12 Use Balanced Scorecard reporting Systems 13 13 Create...

Ngày tải lên: 21/06/2014, 04:20

... Access bank account information on the Internet 6–2 Cost Shift money with electronic funds transfer 6–10 Use Internet- based cash flow analysis software 6 11 Utilize an investment policy Exhibit ... besides an Internet browser, and can be accessed at once, if the user is connected to a direct-access Internet connection, such as a DSL, cable, or T1 phone ch06_4773.qxd 12/29/06 9:14 AM Page 131 6–1 ... 9:14 AM Page 137 6–7 Negotiate Faster Deposited-Check Availability 137 A legitimate way to retain cash for an extra day or two is to use controlled disbursements This best practice is based on the...

Ngày tải lên: 21/06/2014, 18:20

... special bonuses, and retroactive booster clauses, the commission calculation chore is mind-numbing and highly subject to error, which causes further analysis to fix An example of such a system, based ... production shortages caused by problems with the bills, and the warehouse staff sees components returned to the warehouse that were listed in the bills but not actually used; the production staff ... be the case if ABC were used, so that lower price points will now be considered to yield accept- ch09_4773.qxd 12/29/06 9:20 AM Page 211 9 11 Implement Target Costing 211 able gross margins Throughput...

Ngày tải lên: 21/06/2014, 18:20

... Internet- based auction 11 11 Use Web broadcasting for public reporting Option Management 11 12 Automate option tracking 11 13 Use Internet- based options pricing services Pension Management 11 14 ... Obtain advance rating assessments 11 19 Rent a captive insurance company 11 20 Use Internet- based risk measurement services 11 21 Issue catastrophe bonds (continues) ch11_4773.qxd 12/29/06 9:22 AM ... Activities 11 1 Strategize cost of capital reductions 11 2 Obtain financing through Internet lender sites 11 3 Issue direct access notes 11 4 Purchase debt directly from the government 11 5 Take...

Ngày tải lên: 21/06/2014, 18:20

... ch11_4773.qxd 12/29/06 9:22 AM Page 255 11 16 Grant Employees Immediate 401(k) Eligibility 255 11 13 Use Internet- Based Options Pricing Services Any accounting or treasury ... rent-a-captive Cost: Installation time: ch11_4773.qxd 12/29/06 9:23 AM Page 259 11 21 Issue Catastrophe Bonds 259 11 20 Use Internet- Based Risk Measurement Services Anyone who invests in various ... float within the organi- ch11_4773.qxd 12/29/06 9:23 AM Page 261 11 24 Use Natural Hedging for Transaction Risks 261 zation (though this can be eliminated entirely with the use of wire transfers instead...

Ngày tải lên: 21/06/2014, 18:20