The 2005 Supplement includes the following: * New information about credit policies and procedures, the review and processing of credit applications, granting credit, creating and delivering invoices, collecting cash, and managing the credit and collections staff. * Wide array of collection techniques, methods for managing payment deductions, and a discussion of the factors leading to a decision to outsource the collections function. * In--depth discussions of the best ways to conduct inventory purchasing, receiving, storage, picking, and shipping. * Chapter 41A gives an overview of ERP financial systems, particularly in regard to maintaining and upgrading them. * Chapter 41B addresses a key concern of the controller-- how does an ERP implementation impact the accounting department?
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Janice M. Roehl--Anderson, MBA, is a partner with Deloitte, with over 20 years of consulting experience. She specializes in information systems security; financial and cost accounting system analysis, design, selection, and implementation; long--range information systems planning; and information management reviews/audits. She has also worked for US West. In addition to earning her BA in business at the University of Southern California, Jan has successfully completed the CPA exam, and has co--authored over 10 books, including The Controller's Function: The Work of the Managerial Accountant. Steven Bragg, CPA, CMA, CIA, CPIM, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte. He received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. He has been the two--time president of the 10,000--member Colorado Mountain Club, and is an avid Alpine skier, mountain biker, and rescue diver. Mr. Bragg resides in Centennial, Colorado. He has written the following books: Accounting and Finance for Your Small Business (Wiley); Accounting Best Practices, 3rd Edition (Wiley); Accounting Reference Desktop (Wiley); Advanced Accounting Systems (Institute of Internal Auditors); Business Ratios and Formulas: A Comprehensive Guide (Wiley); Cost Accounting: A Comprehensive Guide (Wiley); Design and Maintenance of Accounting Manuals: A Blueprint for Running an Effective and Efficient Department, 4th Edition (Wiley); Essentials of Payroll: Management and Accounting (Wiley); Financial Analysis: A Controller's Guide (Wiley); Just--in--Time Accounting: How to Decrease Costs and Increase Efficiency, 2nd Edition (Wiley); Managing Explosive Corporate Growth (Wiley); Outsourcing: A Guide to ... Selecting the Correct Business Unit ...Negotiating the Contract ... Maintaining Control of the Process (Wiley); Sales and Operations for Your Small Business (Wiley); The Controller's Function: The Work of the Managerial Accountant, 2nd Edition (co--authored with Janice M. Roehl--Anderson, Wiley); The New CFO Financial Leadership Manual (Wiley).
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