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Articles in the "Financial Policies" Category

Are You Using A Balanced Scorecard?

Must all segments of your business operate effectively for your business to be truly successful? Some businesses survive in spite of poor performance in some segment(s) that are being carried by the performance of another segment. In other words, when one segment is not productive, other segments must be even more productive to compensate for it.

While this condition certainly exists in many businesses, it is far from ideal. When all segments in your business are not functioning, well, it leaves your business vulnerable. When sales fall or production quality drops, can your business survive if it does not have a solid structure with sound best practices?

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Author: Chris Anderson    Published on: November 9th, 2011
Categories: Accounting & Internal Control, Financial Policies

Is Sarbanes-Oxley Improving Corporate Governance?

We are experiencing an avalanche in our financial system. Major financial institutions are failing to the shock of investors and depositors, and there is such a high level of uncertainty in the financial system that availability of credit has been shut off even to the most highly rated borrowers.

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Author: Editor    Published on: October 13th, 2008
Categories: Accounting & Internal Control, Financial Policies, Sarbanes Oxley - SOX, Sarbanes Oxley Compliance

Financial Policies and Procedures Manual Simplifies Financial Compliance

Question of the Month: How do policies and procedures fulfill requirements of Sarbanes-Oxley and other financial regulations?

This month’s highlight was the release of the Finance Policies, Procedures & Forms manual. Our newest product is the result of a nearly year-long effort of intensive research, writing, editing, and reviewing. The Finance Manual was finally ready for production and shipping last week. We are very pleased with this new product, and the response from our customers, to date, has been tremendous.

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Author: Editor    Published on: March 31st, 2008
Categories: Accounting Procedures Manuals, Financial Policies, Monthly Summary, Sarbanes Oxley - SOX

Announcing the New Finance Policies and Procedures Manual

Finance Procedures Manual

Strengthen compliance, enhance performance, or speed the development of your financial procedures.

Are you still trying to build an internal control system to help you comply with Sarbanes-Oxley (SOX) and other financial regulations? The newest addition to the Bizmanualz Policies, Procedures & Forms product line – the Finance Policies, Procedures & Forms Manual – can provide a big boost in meeting regulatory requirements.

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Author: Editor    Published on: March 24th, 2008
Categories: Financial Policies, Writing Policies and Procedures

Effective Policies and Procedures: The Complete Cash to Cash Cycle

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.

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Author: Bizmanualz Editor    Published on: January 31st, 2005
Categories: Accounting & Internal Control, Accounting Procedures Manuals, Financial Policies

Strategies for Writing Accounts Payable Procedures

The “finish line” — the $1,000,000 “prize”, cash savings for your business – is within sight.  In our articles on Inventory and Accounts Receivable, we found $250,000 worth of savings in each functional area.  We found another $250K could be saved in Sales and Marketing.  Accounts Payable is

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Author: Bizmanualz Editor    Published on: January 25th, 2005
Categories: Accounting Procedures Manuals, Financial Policies, Internal Control, Top 10

Strategies for Writing Accounts Receivable Procedures

In our first article on the cash cycle, we “found” $250,000 by improving our inventory management; now, let’s find another $250,000.

Laying the Foundation

Last article, we raised the question, “What could your business do with an extra $1,000,000?”  To lay the foundation, we introduced inventory as the first of four areas

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Author: Bizmanualz Editor    Published on: January 11th, 2005
Categories: Accounting Procedures Manuals, Case Studies, Financial Policies, Top 10

Inventory Procedures Find Capital in Your Business

What Would You Do with $1,000,000?

With $1 Million would you:

  • Pay off debt?
  • Purchase new equipment?
  • Invest/save for the future?
  • Give yourself a bonus?
  • Buy a new car, boat or plane?

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Author: Bizmanualz Editor    Published on: January 5th, 2005
Categories: Accounting Procedures Manuals, Case Studies, Financial Policies

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