{"product_id":"process-improvement-for-effective-budgeting-and-financial-reporting-hardback-9780471281146","title":"Process Improvement for Effective Budgeting and Financial Reporting (Hardback) 9780471281146","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eProcess Improvement for Effective Budgeting and Financial Reporting\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eNils H. Rasmussen (Author), Christopher J. Eichorn (Author), Corey S. Barak (Author), Toby Prince (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471281146, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 15 May 2003\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e304 pages, Drawings: 25 B\u0026amp;W, 0 Color; Screen captures: 5 B\u0026amp;W, 0 Color; Tables: 40 B\u0026amp;W, 0 Color; Exhibits: 14 B\u0026amp;W, 0 Color\u003cbr\u003e23.8 x 16.1 x 2.7 cm, 0.621 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\"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 dysfunctional underlying processes and routines, unaddressed. As this book shows, substantial and sustainable improvements are only achieved through an holistic approach to process improvement, technology, strategy, and people.\"\u003cbr\u003e —Tom Henry Knudsen, Executive Vice President, Telenor Eiendom Fornebu AS, Proven methods for improving efficiency  \u003cp\u003eCorporations face a high turnover among financial managers, rapid changes in technology, lack of time and process redesign skills, and ongoing ambiguity about primary objectives behind the budgeting and financial reporting processes. Amid this frenzy, it is the fundamental efficiency of these processes that dramatically impact overall business performance. Process Improvement for Effective Budgeting and Financial Reporting provides financial managers with a compelling blueprint for increasing efficiency and eliminating waste of time and energy. Four operational experts lay out an 80\/20 plan-improving 80% of processes in 20% of the time it would take to improve 100%-and explain a Business Process Improvement (BPI) plan that incorporates:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe emerging trends affecting financial managers today\u003c\/li\u003e \u003cli\u003eStep-by-step process implementation\u003c\/li\u003e \u003cli\u003eInterviews with industry leaders, consultants, and managers who have successfully instituted BPI plans\u003c\/li\u003e \u003cli\u003eAppraisals of the available software that can help or hinder the process\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThere is no substitute for improved efficiency. CFOs, controllers, budget managers, and financial analysts will significantly benefit from adding this authoritative guide to their professional libraries.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cb\u003ePreface.\u003c\/b\u003e  \u003cp\u003e\u003cb\u003ePart One: Introduction to Business Process Improvement.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1. About Business Process Improvement.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eWhy Focus on Budgeting and Reporting Processes?\u003c\/p\u003e \u003cp\u003ePositive Effects of BPI.\u003c\/p\u003e \u003cp\u003eImplementing Change.\u003c\/p\u003e \u003cp\u003ePhases of a BPI Project.\u003c\/p\u003e \u003cp\u003eCore Budgeting and Reporting Processes.\u003c\/p\u003e \u003cp\u003eClosing Remarks.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. When BPI Is Valuable\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003ePreconditions for BPI.\u003c\/p\u003e \u003cp\u003eWhat BPI Can Do for a Company.\u003c\/p\u003e \u003cp\u003eBPI Overview.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. Small and Large Projects and Associated Resources.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. Return on Investment of BPI Projects.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. Best Practices, Trends, and Technology.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTechnology Trends.\u003c\/p\u003e \u003cp\u003eAnalytics and Balanced Scorecard.\u003c\/p\u003e \u003cp\u003eImpact of the Internet.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. Selling Change to Your Organization.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow to Sell a BPI Project.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two: Business Process Improvement Project.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. Getting Started.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBudgeting and Reporting Overview: So You Want Perfect Analytics Processes?\u003c\/p\u003e \u003cp\u003ePreparing for the BPI Project.\u003c\/p\u003e \u003cp\u003eSummary of Current Issues: Simplified Example.\u003c\/p\u003e \u003cp\u003eUsing Diagrams to Visualize Processes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8. Due Diligence.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCompany Values.\u003c\/p\u003e \u003cp\u003eRisks.\u003c\/p\u003e \u003cp\u003eStrengths and Weaknesses.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9. Improving the Budgeting Process.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEstablish a Timeline.\u003c\/p\u003e \u003cp\u003eImprove Data Entry.\u003c\/p\u003e \u003cp\u003eDo Forecasting.\u003c\/p\u003e \u003cp\u003eReport on Budgets.\u003c\/p\u003e \u003cp\u003eComplete Analysis.\u003c\/p\u003e \u003cp\u003eEnforce Accountability.\u003c\/p\u003e \u003cp\u003eSupport Enablers.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10. Revenue Budgeting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObjectives.\u003c\/p\u003e \u003cp\u003eCustomer Needs.\u003c\/p\u003e \u003cp\u003eDimensions and Chart of Account Considerations.\u003c\/p\u003e \u003cp\u003eDrivers.\u003c\/p\u003e \u003cp\u003eTop-Down or Bottom-Up Budgeting Approach.\u003c\/p\u003e \u003cp\u003eAssumptions.\u003c\/p\u003e \u003cp\u003eSpecial Considerations.\u003c\/p\u003e \u003cp\u003eUsers.\u003c\/p\u003e \u003cp\u003eBest Practices.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11. Employee Budgeting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObjectives.\u003c\/p\u003e \u003cp\u003eCustomer Needs.\u003c\/p\u003e \u003cp\u003eDimensions and Chart of Account Considerations.\u003c\/p\u003e \u003cp\u003eTop-Down or Bottom-Up Approach.\u003c\/p\u003e \u003cp\u003eDrivers.\u003c\/p\u003e \u003cp\u003eAssumptions.\u003c\/p\u003e \u003cp\u003eSpecial Considerations.\u003c\/p\u003e \u003cp\u003eUsers.\u003c\/p\u003e \u003cp\u003eBest Practices.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12. Cost of Sales and Operating Expenses.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObjectives.\u003c\/p\u003e \u003cp\u003eCustomer Needs.\u003c\/p\u003e \u003cp\u003eDimensions and Chart of Account Considerations.\u003c\/p\u003e \u003cp\u003eTop-Down or Bottom-Up Approach.\u003c\/p\u003e \u003cp\u003eDrivers.\u003c\/p\u003e \u003cp\u003eAssumptions.\u003c\/p\u003e \u003cp\u003eSpecial Considerations.\u003c\/p\u003e \u003cp\u003eUsers.\u003c\/p\u003e \u003cp\u003eBest Practices.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13. Capital Expenses.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObjectives.\u003c\/p\u003e \u003cp\u003eCustomer Needs.\u003c\/p\u003e \u003cp\u003eDimensions and Chart of Account Considerations.\u003c\/p\u003e \u003cp\u003eTop-Down or Bottom-Up Approach.\u003c\/p\u003e \u003cp\u003eDrivers.\u003c\/p\u003e \u003cp\u003eAssumptions.\u003c\/p\u003e \u003cp\u003eSpecial Considerations.\u003c\/p\u003e \u003cp\u003eUsers.\u003c\/p\u003e \u003cp\u003eBest Practices.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e14. Balance Sheet and Cash Flow Statements.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObjectives.\u003c\/p\u003e \u003cp\u003eCustomer Needs.\u003c\/p\u003e \u003cp\u003eDimensions and Chart of Account Considerations.\u003c\/p\u003e \u003cp\u003eTop-Down or Bottom-Up Approach.\u003c\/p\u003e \u003cp\u003eDrivers.\u003c\/p\u003e \u003cp\u003eAssumptions.\u003c\/p\u003e \u003cp\u003eSpecial Considerations.\u003c\/p\u003e \u003cp\u003eUsers.\u003c\/p\u003e \u003cp\u003eBest Practices.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e15. Alternative Budgeting Approaches.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eZero-Based Budgeting.\u003c\/p\u003e \u003cp\u003eActivity-Based Budgeting.\u003c\/p\u003e \u003cp\u003eBalanced Scorecard.\u003c\/p\u003e \u003cp\u003eBeyond Budgeting Round Table.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e16. Improving Financial Reporting Processes.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEthical Concerns.\u003c\/p\u003e \u003cp\u003eFinancial Reporting as a Business Process.\u003c\/p\u003e \u003cp\u003eWhat’s Wrong with This Picture?\u003c\/p\u003e \u003cp\u003eLooking for Improvement Opportunities.\u003c\/p\u003e \u003cp\u003eEvaluating Reporting Process Enablers.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e17. Human Resources, Training, Strategy, and Workflow.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHuman Resources.\u003c\/p\u003e \u003cp\u003eTraining.\u003c\/p\u003e \u003cp\u003eStrategy.\u003c\/p\u003e \u003cp\u003eWorkflow.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e18. Best Practices.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eClosing.\u003c\/p\u003e \u003cp\u003eReporting.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e19. Technology.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAnalytics Applications and the Financial Data Warehouse.\u003c\/p\u003e \u003cp\u003eExtract, Transform, and Load: Combining Data from Diverse Systems.\u003c\/p\u003e \u003cp\u003eUsing XBRL for External Reporting.\u003c\/p\u003e \u003cp\u003eIntranets, Extranets, and Browsers: Using the Web to Distribute Operating and Financial Data.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e20. BPI Makeover.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three: Designing the Ultimate Chart of Accounts.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e21. Chart of Accounts Redesign.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePurpose.\u003c\/p\u003e \u003cp\u003eWhen to Redesign.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e22. Creating a New COA.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGeneral Design Considerations.\u003c\/p\u003e \u003cp\u003eSegment and Value Considerations.\u003c\/p\u003e \u003cp\u003eDesign Factors.\u003c\/p\u003e \u003cp\u003eOther Considerations.\u003c\/p\u003e \u003cp\u003eFeatures of a Basic Chart of Accounts.\u003c\/p\u003e \u003cp\u003eIdeal Number and Use of Segments.\u003c\/p\u003e \u003cp\u003eIdeal Length of Segments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e23. COA Development Plan.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDevelopment Process.\u003c\/p\u003e \u003cp\u003eInternational Considerations.\u003c\/p\u003e \u003cp\u003eSample COA Project Plan.\u003c\/p\u003e \u003cp\u003eRecommendations and Other Considerations.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four: Interviews.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e24. Robert Blake, Microsoft Corporation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e25. Dean Sorensen, Bywater Management Consulting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e26. Bill Ellenback, Software User.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five: Software Tools and Resources.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e27. Selecting Analytics Software.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDevise a Plan.\u003c\/p\u003e \u003cp\u003eUsing a Software Selection Company.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e28. Software Evaluation: Factors to Consider.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCurrent and Future Use Requirements.\u003c\/p\u003e \u003cp\u003eWinning Company Buy-in.\u003c\/p\u003e \u003cp\u003eCost\/Benefit Analysis.\u003c\/p\u003e \u003cp\u003eReturn on Investment Analysis for New Software.\u003c\/p\u003e \u003cp\u003eFeatures and Flexibility.\u003c\/p\u003e \u003cp\u003eCompatibility with Existing Software.\u003c\/p\u003e \u003cp\u003eEase of Use.\u003c\/p\u003e \u003cp\u003eSoftware Stability.\u003c\/p\u003e \u003cp\u003eVendor-Related Items.\u003c\/p\u003e \u003cp\u003eWorking with an Implementation Partner.\u003c\/p\u003e \u003cp\u003eHow to Select: Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e29. Software Buyer’s Guide.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eQuery and Reporting Systems.\u003c\/p\u003e \u003cp\u003eDecision Support Systems.\u003c\/p\u003e \u003cp\u003eBudgeting and Planning Solutions.\u003c\/p\u003e \u003cp\u003eEnterprise Information Portals.\u003c\/p\u003e \u003cp\u003eData Warehouse Software.\u003c\/p\u003e \u003cp\u003eETL Software Vendors.\u003c\/p\u003e \u003cp\u003ee-Learning Software Vendors.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix A: Sample Confidentiality and Nondisclosure Agreement (Sales\/Demo Process).\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix B: Sample Consulting Agreement.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix C: Software Vendor Listing.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix D: Sample Chart of Accounts.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eGlossary.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52286381162776,"sku":"9780471281146","price":79.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471281146.jpg?v=1781550897","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/process-improvement-for-effective-budgeting-and-financial-reporting-hardback-9780471281146","provider":"Freshly Printed Books","version":"1.0","type":"link"}