accounting best practices for nonprofits

... of accounting system relevance The discussion emphasizes how strategic, measurement, and accounting practices influence each other, creating a self-reinforcing cycle Appropriate accounting practices ... Cataloging-in-Publication Data: Lean accounting : best practices for sustainable integration / edited by Joe Stenzel p cm Includes index ISBN: 978-0-470-08728-2 (cloth) Managerial accounting Organizational ... 3.5 LEAN AFFECTS ACCOUNTING 57 Performance Management CREATING A NEW FRAMEWORK FOR PERFORMANCE MEASUREMENT OF LEAN SYSTEMS 69 Bruce Baggaley 4.1 THE PROBLEMS WITH TRADITIONAL PERFORMANCE MEASURES

Ngày tải lên: 06/08/2014, 10:20

... strate Toyota-style management practices, but not Toyota performance results. 1.4 MANAGEMENT ACCOUNTING CONTROL SYSTEMS BLOCK LEAN The prevalence of management accounting control systems in American ... representing information enter the plant from 8 Lean Accounting ch01_4772.qxd 2/2/07 3:38 PM Page 8 either the accounting system or the production control system. The work it- self provides all the information ... weeks, or months later in a re- port from the accounting department. 1.5 LEAN ACCOUNTING ANSWERS THE WRONG QUESTION If traditional management accounting practices are the key problem prevent- ing

Ngày tải lên: 06/08/2014, 10:20

... Eliminating that time drives the lean transformation forward even faster ch 03_ 4772.qxd 60 2/2/07 3: 38 PM Page 60 Lean Accounting (e) Provide Information that Non-accountants Can Use Most ... performance information does not support that conclusion ch 03_ 4772.qxd 2/2/07 3: 38 PM Page 61 61 Lean. .. as a filter of information as it moves both up and down the organization The information ... the month” syndrome. Lean Strategy and Accounting 45 EXHIBIT 3.1 Wiremold Before and After Lean 1990 2000 Assessed Value $30 million $770 million West Hartford: Gross profit 38% 51% Sales per employee

Ngày tải lên: 06/08/2014, 10:20

... approaches create performance problems dur- ing a lean transformation. 4.1 THE PROBLEMS WITH TRADITIONAL PERFORMANCE MEASURES Traditional measures fail in the lean environment for the same reason ... with any accuracy. For example, who would have predicted the 9/11 catastrophe? This occurred right in the middle of budgeting season for most companies, and any forecasts for the year 2002 and ... plan operations based on a forecast of business conditions six months or a year out. Strategies and targets for performance set once a year by senior manage- ment for implementation by employees

Ngày tải lên: 06/08/2014, 10:20

... porting. The unfortunate part of this information is that it is “too little too late” and the wrong type of information for decision making in lean organizations. The need for current information ... agers. Periodic accounting reports are a main source of the information used to determine whether actions are appropriate. Traditional accounting informa- tion provided to management for control ... to lean performance practices? Sometimes it is difficult to make the leap from describing necessary information and resources to a... whether this is still useful information for that decision

Ngày tải lên: 06/08/2014, 10:20

... missions and efforts are driven by natural disasters, geo- graphical and commercial characteristics, and national priorities. In sharp contrast, for-profit organizations need to build the information ... instructions completely eliminate the need for production tracking documents ch07_4772.qxd 164 2/2/07 3:41 PM Page 164 Lean Accounting Because the reason for having work orders has been eliminated ... based solely on the preferences of the public for its services—it supports a vital set of missions that have both short- and long-term implications for maritime and port safety and security. In

Ngày tải lên: 06/08/2014, 10:20

... Not an accounting system Financial accounting training Financial accounting training Financial accounting training Financial accounting training Financial accounting training Financial accounting ... transformation? Can accounting drive a lean transformation? Accounting need not trail in the lean transformation, but it would be very difficult to lead a lean transformation from accounting ... necessary for a successful lean transformation, and a successful lean accounting trans- formation requires an accounting system change on top of that. Exhibit 8.4 de- picts the lean transformation

Ngày tải lên: 06/08/2014, 10:20

... together For instance, the simple forecasting method just... company’s future strategic performance?” The long-term goal of lean accounting is to turn the triangle upside down so accounting ... employees start looking for possible improvements as a matter of course, re- sulting in continuous gains as the transformation process moves forward. While using these activities in my accounting group ... 400 Month 3 3:42 PM Three-Month Forecast Tool for Lean Accounting 2/2/07 EXHIBIT 9.5 ch09_4772.qxd Page 232 233 Profit after Bonus 20% -236 –295 Profit before Bonus/Taxes 160 200 1000...

Ngày tải lên: 06/08/2014, 10:20

... to use the phrase Accounting for Lean or Accounting for the System Design,” rather than Lean Accounting. ” System design defines the purpose (functional requirements) for any manufacturing ... approach to ensure that accounting for lean is applied from a systems perspective 11.2 ACCOUNTING FOR LEAN COMMUNICATIONS... Primary performance measures reinforce the achievement of ... design 11.3 THE JOURNEY TO ACCOUNTING FOR LEAN In Henry Ford’s Highland Park factory circa 191 0, ninety-nine percent of the vehicles were presold and paid for Ford took payment in advance

Ngày tải lên: 06/08/2014, 10:20

... four aspects of a system Therefore, performance measures and managerial accounting must reinforce the ability ch11_4772.qxd 296 2/2/07 3:44 PM Page 296 Lean Accounting of any product delivery ... 23–25 Foreign Corrupt Practices Act, 239 Functional requirements: collective system design language for, 277 defined, 264 Grenzplankostenrechnung, 197 Hickory... events: activities for a ... Robert S., xv, 55, 193, 195, 199, 269 Lean: accounting See Accounting for lean as a management... of, 291 five dimensions, 184 lead by management accounting, 205 obstacles, 185–194, 271 no

Ngày tải lên: 06/08/2014, 10:20

... Collections Best Practices Exhibit 7.1 Summary of Credit and Collections Best Practices Best Practice Collection Management 7–1 Clearly define account... Though all of the best practices ... layout of the recommended best practices is shown in the flowchart... for Credit and Collections Best Practices There are a surprisingly large number of best practices that can be applied ... information to the management team. 126 Budgeting Best Practices ch05_4773.qxd 12/29/06 8:59 AM Page 126 Total Impact of Best Practices on the Budgeting Function 127 Exhibit 5.4 Impact of Best

Ngày tải lên: 22/06/2014, 16:20

... Collections Best Practices (Wiley, 2005). 186 Credit and Collections Best Practices ch07_4773.qxd 12/29/06 9:16 AM Page 186 Chapter 8 Commissions Best Practices The application of best practices ... Issues for Costing Best Practices This section covers the general level of implementation cost and duration for each of the best practices discussed later in this chapter Each best practice ... time: Total Impact of Best Practices on the Commissions Function This section describes the overall impact of best practices on the commissions function The best practices noted in this

Ngày tải lên: 22/06/2014, 16:20

... Best Practices ch09_4773.qxd 12/29/06 9:20 AM Page 220 Chapter 10 Filing Best Practices This chapter covers the best practices that can be used to create a more efficient filing system for an accounting ... Implementation Issues for Filing Best Practices This section discusses the relative ease or difficulty of implementation of the best practices to be covered later in this chapter. Each best practice ... other best practices listed that will make a computer system essentially ‘‘bombproof,” and therefore make it available for use during normal business hours with very few exceptions. Those best practices,

Ngày tải lên: 22/06/2014, 16:20

... high-quality information on distribution and migration of CO 2 . Best technique for map view coverage. Can be used in multi-component form (ex. three, four, or nine component), to account for both ... Leveraged Monitoring Activities Monitoring, Veri cation, and Accounting of CO 2 Stored in Deep Geologic Formations BEST PRACTICES for: First Edition iii 5.7 Closure Phase ________________________________________________________________________________ ... of a formation bulk density as a function of depth by accounting for both the density of matrix and density of liquid in the pore space. Benets: Eective technology that can estimate formation...

Ngày tải lên: 18/02/2014, 01:20

... homophones. For example, “WriteOfWay.com” (right of way) because you’ll 5 Best Practices for Developing a Web Site, an Internet.com Project Management eBook. © 2008, Jupitermedia Corp. B est Practices for ... done in the past before you sign a contract. 10 Best Practices for Developing a Web Site, an Internet.com Project Management eBook. © 2008, Jupitermedia Corp. B est Practices for Developing a Web ... technology and charge you extra for the source. 11 Best Practices for Developing a Web Site, an Internet.com Project Management eBook. © 2008, Jupitermedia Corp. B est Practices for Developing a Web Site [] When...

Ngày tải lên: 20/08/2012, 11:43

... you can concentrate on the reasons I consider these to be best practices, rather than the code itself. CHAPTER 2  BEST PRACTICES FOR DATABASE PROGRAMMING 29 Identify Hidden Assumptions in ... you can make a robust, performant application that can cope CHAPTER 2  BEST PRACTICES FOR DATABASE PROGRAMMING 47 Creating a Healthy Development Environment The best applications are not ... CHAPTER 2  BEST PRACTICES FOR DATABASE PROGRAMMING 37 with severe pressure, then you can be more certain it will cope with the normal demands that will be expected of it. In addition to performance...

Ngày tải lên: 05/10/2013, 08:48

... of implementation for every best practice within it. The best practices are also noted in summary form in Appendix A. This third edition of Best Practices contains 60 new best practices. These ... successful best practice implementation that will result in increased levels of efficiency in the accounting department. TYPES OF BEST PRACTICES This section describes the two main types of best practices, ... Payable Best Practices Exhibit 3.2 The Process Flow for Payment Based on Receiving Approval c03.qxd 7/31/03 1:33 PM Page 22 Chapter 2 How to Use Best Practices This chapter is about implementing best...

Ngày tải lên: 13/12/2013, 11:32

... British Columbia UIDELINES FOR ELDERLY M ENTAL H EALTH CARE PLANNING FOR BEST PRACTICES FOR HEALTH AUTHORITIES February 2002 G Electroconvulsive therapy is successful for patients with severe ... including strategies for maintaining wellness, and early interventions for mental health disorders. Incorporate this information into specific training programs for both informal and formal caregivers. 4.9 ... Support Ministry of Health Services ACKNOWLEDGMENTS EXECUTIVE SUMMARY Guidelines for Elderly Mental Health Care Planning for Best Practices for Health Authorities was developed to guide the design of the service system...

Ngày tải lên: 13/02/2014, 18:20

... Accounts Payable Best Practices 17 Chapter 4 Billing Best Practices 66 Chapter 5 Budgeting Best Practices 87 Chapter 6 Cash Management Best Practices 110 Chapter 7 Collections Best Practices 128 Chapter ... Commissions Best Practices 154 Chapter 9 Costing Best Practices 167 Chapter 10 Filing Best Practices 184 Chapter 11 Finance Best Practices 206 Chapter 12 Financial Statements Best Practices 225 Chapter ... General Best Practices 253 Chapter 14 General Ledger Best Practices 290 Chapter 15 Internal Auditing Best Practices 308 Chapter 16 Inventory Best Practices 325 Chapter 17 Payroll Best Practices...

Ngày tải lên: 13/02/2014, 23:20

... at www.search engines guide.com. Best Practices for Email Marketing Best Practices for Email Marketing | Copyright iContact Corp. 2009 16 Deliverability Best Practices The Deliverability Challenge As ... UCE – Unsolicited Commercial Email. Another name for spam. URL – Uniform resource locator. Another name for a web site address. Best Practices for Email Marketing | Copyright iContact Corp. 2009 ... Within press releases 14. On trade show lead forms 15. On sweepstakes entry forms 16. On shopping cart order forms 17. Company publications Best Practices for Email Marketing | Copyright iContact...

Ngày tải lên: 15/03/2014, 22:20