For Immediate Release
Contact: Chris Anderson
Bizmanualz, Inc.
(314) 863-5079 (tel)
(314) 863-6571 (fax)
New Bizmanualz Accounting Manual
Reduces
Business Waste, Fraud and Abuse
Businesses Can Quickly Create an Accounting Management System using easily editable Internal Controls, Policies, Procedures, and Forms
St. Louis, MO. - Jan. 27, 2003 - Bizmanualz, Inc., a business publications and consulting company based in Clayton, MO., today announced the release of a unique new accounting resource designed for business owners, controllers, and executives interested in utilizing internal controls to stop waste, fraud, and abuse.
The Bizmanualz Accounting Policies, Procedures & Forms: How To Quickly Create An Accounting Management System With Easily Editable Internal Controls, Policies And Procedures teaches executives practices for eliminating uncollectible receivables; preventing theft or embezzlement; or optimizing inventory.
"Frequently, an auditor will find inadequate internal controls as the leading cause of waste, fraud or abuse," said Christopher Anderson, Managing Director of Bizmanualz, Inc. "It's the controller's responsibility to create and maintain such controls but most small businesses don't even have a controller, so they turn to us for help. Utilizing just a single concept from one of our manuals can add real money to a business' bottom line -saving a company an average of $7,200 per employee per year!"
The New Bizmanualz Accounting Policies, Procedures & Forms Manual provides in-depth coverage of internal controls from the CFO or Controller's perspective for the various accounting cycles that occur within a business including: revenue, purchasing, inventory & assets, cash, and general & administrative cycles. As an added bonus, there is also a section on embezzlement prevention.
The 2002 Report to the Nation on Occupational Fraud and Abuse, conducted by the Association of Certified Fraud Examiners, estimates an average of $4,500 per employee in annual US business losses due to occupational fraud and abuse with an average loss to a small business (less than 100 employees) of $127,500 per company. The report goes on to state, "a strong system of internal controls was viewed as the most effective anti-fraud measure by a wide margin."
The Gallup Organization, a Princeton N.J. consulting concern, found 1 in 5 workers surveyed complain they don't know what is expected of them, they don't have the materials to do their jobs and they can't get the attention of their bosses. Gallup says, based on their numbers, salaries and lost productivity cost businesses up to $355 billion ($2,700 per employee) a year!
"The incidence of business fraud and lost productivity is unfortunately far more widespread than people realize," explains Ken Underhill, Vice President of Bizmanualz, Inc. "We're showing people how a simple $350 investment can noticeably prevent tens of thousands in losses."
Bizmanualz also offers individual department manuals for: Accounting, Human Resources, ISO 9001 Quality, Disaster Recovery, Security, Production & Engineering, Finance & Treasury, Sales & Marketing, and Computers & Networks. All of Bizmanualz Policies & Procedures products combine a printed manual with easily editable MS-WORD documents on CD-ROM. Each product provides prewritten policies, procedures and forms that enable executives to create and maintain internal controls for all the departments in their business. They are available through the company's web site,www.Bizmanualz.com. Retail, affiliate or dealer programs are also available.
Bizmanualz Accounting Policies, Procedures & Forms: How To Quickly Create An Accounting Management System With Easily Editable Internal Controls, Policies And Procedures. (600 pp/trade binder/ISBN 1-931591-05-9/$347.00) is a Knowledge Management title from Bizmanualz, Inc. It will be available from the SkyMall airline catalog, on www.Amazon.com , www.OfficeMax.com or by calling the publisher at 800-466-9953 (outside the U.S. call 314-918-0990); faxing 314-918-0980; e-mailing esales@Bizmanualz.com; or logging on to the Web site at www.Bizmanualz.com.
For more information or to request a review copy, contact:
Chris Anderson
Bizmanualz, Inc.
800-466-9953 or 314-918-0990
chris@bizmanualz.com
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Bizmanualz is a trademark of Bizmanualz, Inc .
