Accounting

Accounting Best Practices

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The accounting department is a cost center. It does not directly generate revenues, but rather provides a fixed set of services to the rest of the company, and is asked to do so at the lowest possible cost. Consequently, the accounting staff is called upon to process transactions, write reports, create new processes or investigate old ones—while doing so as an ever-shrinking proportion of total corporate expenses. This cost-based environment is a very difficult one for most accountants, for their training is primarily in accounting rules and regulations, rather than in how to run a very specialized department in a cost-effective manner. They find a few ideas for improvements from attending seminars or perusing accounting or man- agement magazines, but there is no centralized source of information for them to consult that itemizes a wide array of possible improvements. Hence the need for the fifth edition of Accounting Best Practices, which contains 395 accounting best practices, of which 61 are new to this edition.

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Detail Information

Series Title

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Call Number

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Publisher

: ., 2007

Collation

1-499

Language

English

ISBN/ISSN

9780470081822

Classification

NONE

Content Type

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Media Type

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Carrier Type

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Edition

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Subject(s)

Accounting Best Practices

Specific Detail Info

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Statement of Responsibility

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