Winning CFOs: implementing and applying better practices w/website
Parmenter, David
INDICE: Acknowledgements. Introduction. Part One Areas to Focus on in the Next Six Months. Chapter 1 Accounts Payable in the 21st Century. Move to a Paperless Accounts Payable Function. Invest in an Electronic Ordering System (Procurement System). Introduce a Purchase Card. Cut-Off Accounts Payable on the Last Working Day. Closing Accruals a Day Before the Accounts Payable Ledger. Limit the Accruals. Mount the Last Check Signed in the CEO's Office. Frequent Direct Credit Payment Runs. Improve Budget Holders' Cooperation. Speed Up Budget Holder Turnaround on Approving Invoicing. Send a Welcome Letter to All New Budget Holders and Give Them Training. Introduce Shame and Name Lists to Focus The Budget Holders. Reward Good Budget Holder Behavior. Have a Closer Relationship with Your Main Suppliers. Use Self Generated Invoices (Buyer Created Invoices). Chapter 2 Timely Month-end Reporting: By Working Day Three or Less. Rating Scale for Month-End Reporting. Benefits to Management and the Finance Team of Quick Month-End Reporting. Impact of a Quick Month-End on the Finance Team Workload. Major Steps You Can Do Before Your Next Month-End. From 5pm Last Day to 5pm First Working Day. Major Quality Assurance Tasks After Day One. Major Steps You Can Do Within the Next Six Months. History of Quick Month-End Reporting. Research on Quick Month-Ends. Implementing Quick Month-End Reporting. SomeTips on Running a Post-It Re-engineering Session. Selling the Need for Quick Month-End Reporting. Key Month-End Activities on a Day Three Month-End. Note. Chapter 3 Make the Monthly Reports Worth Reading. Useful Rules on Reporting. Reporting a Business Unit's Performance. Reporting a Consolidated Profit Dashboard to the Board. Key Result Indicators for a Board Dashboard Examples. Notes.Chapter 5 Timely Annual Planning Process: Ten Working Days or Less! Sell the Change through Emotional Drivers. Foundation Stones of an Annual Planning Process. Efficient Annual Planning Processes. Chapter 6 Managing the Most Important Resource: The Accounting Team. Hold an Off-Site Meeting for the Accounting Team at Least Twice a Year. Set-Up Monthly One-on-One Progress Meetings with Your Direct Reports. Become Known for Being One Who Gives Recognition Freely. Attracting the Best Staff to the Team. Adopt Better Recruitment Practices. Recognize Staff Performance. Team Balanced Scorecards. Better Practice Training. Outdoor Pursuit Adventure. Team Building Lessons from a World Class Coach. CFO and All Direct Reports Must Find a Mentor Immediately. Become a Serving Leader.Leadership Lessons from Ernest Shackleton. Valuing Results and People. Be a Serving Leader. Three Month Planner. Notes. Chapter 7 Quick Annual Reporting: Within 15 Working Days Post Year-End. Costs of a Slow Year-End. Cost the AnnualAccounts Process. A Quick Year-End Is a Good Year-End. Help Get the Au
- ISBN: 978-0-470-76750-4
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 384
- Fecha Publicación: 16/03/2011
- Nº Volúmenes: 1
- Idioma: Inglés