Just–in–Time Accounting: How to Decrease Costs and Increase Efficiency New Edition

Just–in–Time Accounting: How to Decrease Costs and Increase Efficiency New Edition book cover

Just–in–Time Accounting: How to Decrease Costs and Increase Efficiency New Edition

Author(s): Steven M. Bragg (Author)

  • Publisher: John Wiley & Sons
  • Publication Date: 23 Jun. 2000
  • Edition: New
  • Language: English
  • Print length: 416 pages
  • ISBN-10: 047138335X
  • ISBN-13: 9780471383352

Book Description

Due to environmental changes – maturing markets, technological change, and demanding, price-sensitive customers – companies have turned to performance improvement tools such as total quality management, cycle time reduction, business process engineering, and just-in-time (JIT) inventory management. JIT accounting follows the methodology used in JIT inventory management, namely that all inventories are undesirable and should be eliminated or minimized. This guide explains how to increase the speed of the accounting function, yet reduce the errors. Controllers and managers of accounting departments will be able to generate reports more quickly, identify and eliminate unnecessary information, and perform accounting functions with less personnel The book explains how to increase the speed and accuracy of the information, and eliminate that which is redundant and unnecessary, and shows how JIT accounting can reduce corporation costs. There are checklists whenever processes must be followed in a specific sequence.

Editorial Reviews

From the Back Cover

The innovative solutions you need to improve your accounting performance and quality

Are you serious about finding ways to improve your accounting department? Would you like to be able to speed up the accounting process, eliminate redundancy and waste, increase the accuracy of your information, and focus on activities that increase profits? Just-in-Time Accounting shows you how! With this book, you’ll learn how to eliminate inefficiencies, redundancies, and waste and implement high-speed, low-cost quality systems that can be adapted to any company’s particular needs.

Steven Bragg begins by showing you how to identify cluttered, poorly documented, or archaic systems that require excessive document handling and wait times. He then describes methods and techniques for expediting processes at various steps and demonstrates how to:

*Apply new technologies to reduce labor costs for transaction processing

*Automate control points and eliminate those that are redundant

*Remove steps from the transaction that can be handled in advance

*Conduct cost/benefit analyses and assess the impact of process changes

*Compare the performance of new and old systems

*Reduce errors while speeding up routine procedures

*Generate the reports required to control the new systems

*Troubleshoot and correct implementation problems

If you are a hands-on manager who’s serious about improving your accounting department, this is the book for you!

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