"Bragg, a knowledgeable accounting practitioner and prolific author of accounting practice books, has updated this one-stop source of information…this volume is a comprehensive resource for the accounting profession." (Choice
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From the Inside Flap
NEWLY REVISED AND UPDATED!
With price-cutting measures and tough competition tactics a fact of business life, 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 do not realize that corporations can drastically cut expenses in all areas of their accounting department-without hiring an expensive outside consultant-by implementing the techniques known as "best practices."
Accounting Best Practices, Second Edition offers the latest and most important information on these advanced techniques and strategies to help you increase productivity, reduce costs, and efficiently monitor a company's existing systems. This new Second Edition has been fully updated to include fifty new best practices, expanded appendices, new real-world examples of best practices at work, and a new chapter on best practices in finance.
As he did in the first edition, 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 radically improve whole functions and introduce safe changes for gradual integration within the accounting department of any company with a minimum of difficulty.
Through using best practices, it is possible to slash 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 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, Second Edition is here.