Accounting Best Practices
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Companies are often faced with a difficult dilemma—how to cut accounting department operating costs without cutting back on services to the company. Many financial and accounting managers don't realize that expenses can be drastically cut in all areas of their department without hiring an expensive outside consultant, simply by implementing best practices from accounting guru Steven Bragg. Accounting Best Practices, Sixth Edition offers the latest and most important information on advanced techniques and strategies to help you increase productivity, reduce costs, and efficiently monitor a company's existing systems. This new Sixth Edition has been fully updated to include ninety new best practices included in the chapters on Treasury Management, Billing, Accounts Payable, Payroll, and Inventory. In addition, two new chapters have been added on credit and collections. The accounting department that strives to adopt best practices enjoys a host of benefits, not the least of which include improved customer service, cycle times, product quality, and profitability, as well as reduced error rates. This benchmark resource shows readers how to successfully improve both efficiency and accuracy in this excellent step-by-step manual of best practices. Accounting Best Practices, Sixth Edition will not only show you how to cut your business costs but will demonstrate how to optimize your company's effectiveness as well. Whether you've been searching for 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, Sixth Edition is here.
Ch. 1Introduction1Ch. 2How to use best practices4Ch. 3Accounts payable best practices17Ch. 4Billing best practices64Ch. 5Budgeting best practices83Ch. 6Cash management best practices106Ch. 7Credit and collections best practices122Ch. 8Commissions best practices157Ch. 9Costing best practices170Ch. 10Filing best practices189Ch. 11Finance best practices210Ch. 12Financial statements best practices228Ch. 13General best practices256Ch. 14General ledger best practices293Ch. 15Internal auditing best practices310Ch. 16Inventory best practices327Ch. 17Payroll best practices370Ch. 18Policies in support of best practices400
