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Process Improvement for Effective Budgeting and Financial Reporting Book

Process Improvement for Effective Budgeting and Financial Reporting
Process Improvement for Effective Budgeting and Financial Reporting, The budget and financial reporting processes are well known sources of frustration for most CFOs. Seeking a quick fix to the problem, the common solution is to pour more money into new and better software. This leaves the root cause, the inefficient and , Process Improvement for Effective Budgeting and Financial Reporting has a rating of 3 stars
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Process Improvement for Effective Budgeting and Financial Reporting, The budget and financial reporting processes are well known sources of frustration for most CFOs. Seeking a quick fix to the problem, the common solution is to pour more money into new and better software. This leaves the root cause, the inefficient and , Process Improvement for Effective Budgeting and Financial Reporting
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  • Process Improvement for Effective Budgeting and Financial Reporting
  • Written by author Nils H. Rasmussen
  • Published by Wiley, John & Sons, Incorporated, May 2003
  • "The budget and financial reporting processes are well known sources of frustration for most CFOs. Seeking a quick fix to the problem, the common solution is to pour more money into new and better software. This leaves the root cause, the inefficient and
  • As a company’s financial executives inevitably come and go, there is little time or attention paid to improving the essential budgeting and financial reporting processes that in fact dramatically affect a business’s performance. New software has
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Preface
Pt. 1Introduction to Business Process Improvement1
1About Business Process Improvement3
2When BPI Is Valuable10
3Small and Large Projects and Associated Resources18
4Return on Investment of BPI Projects21
5Best Practices, Trends, and Technology23
6Selling Change to Your Organization49
Pt. 2Business Process Improvement Project53
7Getting Started55
8Due Diligence69
9Improving the Budgeting Process76
10Revenue Budgeting97
11Employee Budgeting104
12Cost of Sales and Operating Expenses111
13Capital Expenses119
14Balance Sheet and Cash Flow Statements126
15Alternative Budgeting Approaches133
16Improving Financial Reporting Processes137
17Human Resources, Training, Strategy, and Workflow148
18Best Practices158
19Technology167
20BPI Makeover177
Pt. 3Designing the Ultimate Chart of Accounts181
21Chart of Accounts Redesign183
22Creating a New COA186
23COA Development Plan200
Pt. 4Interviews209
24Robert Blake, Microsoft Corporation211
25Dean Sorensen, Bywater Management Consulting213
26Bill Ellenback, Software User217
Pt. 5Software Tools and Resources223
27Selecting Analytics Software225
28Software Evaluation: Factors to Consider233
29Software Buyer's Guide242
App. ASample Confidentiality and Nondisclosure Agreement (Sales/Demo Process)251
App. BSample Consulting Agreement255
App. CSoftware Vendor Listing259
App. DSample Chart of Accounts266
Glossary273
Index281


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Process Improvement for Effective Budgeting and Financial Reporting, The budget and financial reporting processes are well known sources of frustration for most CFOs. Seeking a quick fix to the problem, the common solution is to pour more money into new and better software. This leaves the root cause, the inefficient and , Process Improvement for Effective Budgeting and Financial Reporting

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Process Improvement for Effective Budgeting and Financial Reporting, The budget and financial reporting processes are well known sources of frustration for most CFOs. Seeking a quick fix to the problem, the common solution is to pour more money into new and better software. This leaves the root cause, the inefficient and , Process Improvement for Effective Budgeting and Financial Reporting

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