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Accounting Best Practices » (6th Edition)

Book cover image of Accounting Best Practices by Steven M. Bragg

Authors: Steven M. Bragg
ISBN-13: 9780470561652, ISBN-10: 0470561653
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: February 2010
Edition: 6th Edition

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Author Biography: Steven M. Bragg

Steven M. Bragg, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and an auditor at Deloitte & Touche. He received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. He has been the two-time president of the Colorado Mountain Club, is an avid alpine skier and mountain biker, and is a certified master diver. Mr. Bragg resides in Centennial, Colorado. He is also the author of Accounting Best Practices and Accounting Policies and Procedures Manual (both published by Wiley).

Book Synopsis

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.

Table of Contents

Ch. 1Introduction1
Ch. 2How to use best practices4
Ch. 3Accounts payable best practices17
Ch. 4Billing best practices64
Ch. 5Budgeting best practices83
Ch. 6Cash management best practices106
Ch. 7Credit and collections best practices122
Ch. 8Commissions best practices157
Ch. 9Costing best practices170
Ch. 10Filing best practices189
Ch. 11Finance best practices210
Ch. 12Financial statements best practices228
Ch. 13General best practices256
Ch. 14General ledger best practices293
Ch. 15Internal auditing best practices310
Ch. 16Inventory best practices327
Ch. 17Payroll best practices370
Ch. 18Policies in support of best practices400

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