The Master Guide to Controllers' Best Practices -

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Résumé :
The essential guide for today's savvy controllers Today's controllers are in leadership roles that put them in the unique position to see across all aspects of the operations they support. The Master Guide to Controllers' Best Practices, Second Edition has been revised and updated to provide controllers with the information they need to successfully monitor their organizations' internal control environments and offer direction and consultation on internal control issues. In addition, the authors include guidance to help controllers carryout their responsibilities to ensure that all financial accounts are reviewed for reasonableness and are reconciled to supporting transactions, as well as performing asset verification. Comprehensive in scope the book contains the best practices for controllers and: * Reveals how to set the right tone within an organization and foster an ethical climate * Includes information on risk management, internal controls, and fraud prevention * Highlights the IT security controls with the key components of successful governance * Examines the crucial role of the controller in corporate compliance and much more The Master Guide to Controllers' Best Practices should be on the bookshelf of every controller who wants to ensure the well-being of their organization.

Biographie:
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Sommaire:
About IMA (Institute of Management Accountants) 3 About the Authors 3 Controller Advisors 4 Other Acknowledgments 4 What This Guide Will Do For You 15 Section 1. Overseeing Governance, Compliance, Risk Management, and Internal Controls 17 Introduction 19 Chapter 1. Tone at the Top and Corporate Governance 21 Chapter 2. Risk Management, Internal Controls, and Fraud Prevention 45 Chapter 3. It Security Controls 87 Chapter 4. The Crucial Role of the Controller in Corporate Compliance 109 Section 2. Business Process Best Practices 183 Introduction 185 Chapter 5. Procurement and the Move to P2p 187 Chapter 6: Accounts Payable 197 Chapter 7. Payroll 243 Payroll Withholdings: Paid By Employees 245 Payroll Taxes, Costs, and Benefits Paid By Employers 248 Employer Contributions to Defined Contribution Plans 250 The Fair Labor Standards Act (Flsa) 251 Salaries, Wages, and Overtime Pay 256 Best Practices and Process Improvement 259 Tax and Compliance Issues 263 Special Considerations When Paying Employees 266 Benefits 278 Unemployment Claims 285 Withholding 286 Internal Controls 291 Record Retention 292 Chapter 8. Accounts Receivable 297 Chapter 9. The Supply Chain 337 Chapter 10. Inventory Control 347 Chapter 11. Treasury's Role In Cash Management and Working Capital 361 Chapter 12. Shared Services and Outsourcing 391 Section 3. \Planning, Budgeting, Forecasting, and Financial Close Best Practices 401 Introduction 403 Chapter 13. Budgeting Best Practices 405 Chapter 14. Financial Close Processes and Procedures 429 Chapter 15. Financial Statement Fraud 445 Section 4. Measuring Performance 449 Introduction 451 Chapter 16. Benchmarking and Metrics 453 Chapter 17. Developing a Metrics Roadmap 463 Section 5. Process Improvement Through Automation & Technology 485 Introduction 487 Chapter 18. Going Paperless 489 Chapter 19. Making Your Case for Automation 509 Chapter 20. Project Management and Implementation 521 Section 6. Leadership and The Evolving Role of the Controller 531 Introduction 533 Chapter 21. Financial Leadership 535