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Save 45% when you buy the CEO Series. It covers the ten core business processes and comes with nine fully-editable manuals for:
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Articles in the "Accounting & Internal Control" Category
In recent articles we have discussed several aspects of business finance. Topics so far have included internal controls, capital planning, and managing working capital. While almost every business pays attention to financial performance, studies show that small and medium sized businesses in particular frequently do not engage in thorough financial planning - if at all. (more…)
Question of the month: Is using a process approach useful in improving the financial performance of a company?
The articles in February revolved around financial issues such as financial controls, working capital, return on investment and cash flows.
Discussions of improving processes are too commonly relegated to the production floor. Is it any less important for your office processes to function effectively and efficiently? (more…)
In the past few weeks we have been covering important elements of finance processes, including internal control systems as prescribed by Sarbanes-Oxley, and the importance of capital planning to ensure key high level financial facets such cost of capital and return on assets have established goals and are being measured. (more…)
Last week we explained how profit is used to drive growth, which is one aspect to your cash needs. But what are you going to do with the excess cash from your business? Your options include purchase assets, spend it on various expenses, hold it in an investment account, pay down debt, or give it back to the shareholders. (more…)
Capital is one of the most critical components that fuels your organization. Without it, organizations can’t grow, but how do you know how much you really need? Having too much or too little can both be detrimental to your organization. You don’t have to be a finance expert to understand how cash works within your organization, but it might help. (more…)
Final in Cash to Cash Cycle Series
In the past four weeks, we’ve brought to light four key areas in which you can save $250,000 each — for a total of $1,000,000. Point by point, we’ve shown you just how cash flows through these areas, making up the Cash to Cash Cycle. (more…)
Each year, businesses write-off six percent of revenue to waste, fraud and abuse. But why would managers throw all that hard-earned money away when there is an easy reliable way to eliminate waste, fraud and abuse (more…)
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