Essentials of Developing Information for Management ON DEMAND
Available Until
Your Desk
6.0 Credits
Member Price $174.00
Non-Member Price $200.00
Overview
Communication drives the success or failure of an accounting department. This course teaches you techniques for providing timely, accurate information, which allows management to make effective decisions. Instructor Steven Bragg helps you identify which items are significant and teaches you how to simplify and pare down the information you provide. You’ll learn the essential nature of protecting cash, a universally desirable, fungible, and easily concealed asset; the way to have an effective collection process; and how to set up and use a budgeting system as a key spending control. Developing information and assisting management in making decisions is the crux of the accountant’s job; this course expertly covers the major aspects of developing information for management.
Highlights
Management Reports. Cash Receipts Management. Collection Tactics. Budgeting. Capital Budgeting.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
List a common line item found in a flash report. Specify when a rate variance may use a different designation. Define a volume variance in direct labor. Calculate selling price variance when given a set of variables. Name a possible cause of poor sales volume variance. Cite a cause of material yield variance. State a way to eliminate the lag in the daily bank deposit due to cash application. Name a bank lockbox advantage and an alternative to it. Define remote deposit capture. Identify tasks that can be performed by online payment apps.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $200.00
Member Price $174.00