Ppt on accounts receivable management

Chapter 8 Managing Cash Flow Copyright ©2009 Pearson Education, Inc. Publishing as Prentice Hall 1 Managing Cash Flow.

needs Provide funds for expansion Provide funds for expansion Plan for investing surplus cash Plan for investing surplus cash Chapter 8 Managing Cash Flow Copyright ©2009 Pearson Education, Inc. Publishing as Prentice Hall 22 The "Big Three" of Cash Management Accounts Receivable Accounts Receivable Accounts Payable Accounts Payable Inventory Inventory The Cash Conversion Cycle Days’ Inventory Outstanding Days’ Sales Outstanding Days’ Payable Outstanding Cash Conversion Cycle* Cash Conversion/


Delivered By :In Partnership With : Presented By BG (NS) Winston Toh Senior Vice President / General Manager ST Electronics (e-Services) Pte Ltd.

Services VCF Funding Scheme Optional Our Partnership With Charities VCF Funding Scheme Delivered By ST Electronics (e-Services) We Are Multi Functional! Accounts Management Accounts Payable Accounts Receivable Reporting & Support Services Financial System Training Accounts Management Accounts Payable Accounts Receivable Reporting & Support Services Financial System Training Financial Services Delivered By ST Electronics (e-Services) Payroll & Claims Benefits & Compensation NSmen Allowances & Make-Up/


Objectives Understand working capital management, net working capital, and the related trade-off between profitability and risk. Describe the cash conversion.

, (2) credit terms, and (3) credit monitoring. © 2012 Pearson Prentice Hall. All rights reserved. Accounts Receivable Management: Credit Selection and Standards Credit standards are a firm’s minimum requirements for extending credit to a customer. The/conditions, and any unique conditions surrounding a specific transaction. © 2012 Pearson Prentice Hall. All rights reserved. Accounts Receivable Management: Credit Selection and Standards (cont.) Dodd Tool is currently selling a product for $10 per unit. /


Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. Cash and Receivables 7 Insert Book Cover Picture.

= This ratio is an approximation of the number of days the average accounts receivable balance is outstanding. 365 Receivables Turnover Ratio Average Collection Period = Receivables Management 7-75 Dell vs. Apple comparison Compute the receivables turnover ratio and the average collection period for both companies. Receivables Management (All dollar amounts in millions) 7-76 Receivables Management Net Sales Average Accounts Receivable Receivables Turnover Ratio = Dell $41,444 ($3,635 + $2,586)/2 = 13/


8-1. 8-2 REPORTING AND ANALYZING RECEIVABLES Financial Accounting, Sixth Edition 8.

the principles of sound accounts receivable management. 8. 8.Identify ratios to analyze a company’s receivables. 9. 9.Describe methods to accelerate the receipt of cash from receivables. Study Objectives 8-4 Types of Receivables Accounts Receivable Notes Receivable Statement Presentation of Receivables Managing Receivables Reporting and Analyzing Receivables Accounts receivable Notes receivable Other receivables Recognizing accounts receivable Valuing accounts receivable Determining maturity date Computing/


Financial Statements & Accounting Data

Presentation Financial Statement – how structured for TMA and the Service Medical Departments Issue of accounting for Medical Accounts receivable – What Are They and Why We Need to Account for Them Fiscal Management Requirements CFO Act of 1990: Integrated Financial Management (FM) systems supporting DoD accounting needs are key to effective financial management Federal Financial Management Improvement Act (FFMIA) of 1996: ALL Federal agencies to comply Implement/maintain systems that/


Working Capital Management

loss. These securities mature in less than 1 year, have low or no default probability, and are highly liquid. Managing Accounts Receivable Whenever a sale is made on credit, it increases the firm’s account receivable balance. Cash flow from sales cannot be invested until accounts receivable are collected. Efficient collection policies and procedures will improve firm profitability and liquidity. Determinants of the Size of a Firm/


B a c kn e x t h o m e Thomas H. Beechy Schulich School of Business, York University Joan E. D. Conrod Faculty of Management, Dalhousie University PowerPoint.

, York University Joan E. D. Conrod Faculty of Management, Dalhousie University PowerPoint slides by: Bruce W. MacLean, Faculty of Management, Dalhousie University Copyright  1998 McGraw-Hill Ryerson Limited, Canada Intermediate Accounting b a c kn e x t h o m/ at end of current period $ 7,000 EXHIBIT 8-2 WEST COMPANY Bank Reconciliation 31 August 20x2 Account receivable collected by bank. An account receivable for $1,000 plus $100 accrued interest was collected by the bank but was not recorded by West/


7 CASH AND RECEIVABLES After studying this chapter, you should be able to: Understand cash and accounts receivable from a business perspective. Define.

and measurement of accounts receivable Impairment of accounts receivable Recognition and measurement of short-term notes and loans receivable Recognition and measurement of long-term notes and loans receivable Derecognition of receivables Presentation, Disclosure, and Analysis of Receivables Presentation and disclosure Analysis IFRS / ASPE Comparison Comparison of IFRS and ASPE Looking ahead Understanding Cash and Accounts Receivable Managing and controlling cash and accounts receivable are critical/


©© 2012 SAP AG. All rights reserved. Cash and Liquidity Management Scenario Overview Processing Payables and Payments Managing Petty Cash Processing Receivables.

Runs Scenario/Processes Business Value Scenario Flow + Further Information Processing Payables and Payments Managing Petty Cash Processing Receivables and Payments Managing Cash Further Information Performed by Account Receivables Accountant In the Work Centers Receivables Payment Management Liquidity Management ©© 2012 SAP AG. All rights reserved. Managing Cash Cash and Liquidity Management Process Details : Managing Cash Scenario Explorer Show and analyze cash position Create a liquidity status Create/


Briefing: Anesthesia Coding Date: 20 March 2007 Time:

If the anesthesia is done for OB, look at the 0196x codes. Spinals are often used for pain management. Pain management is not coded using the 0xxxx codes. If this is for pain control, but not with constant monitoring/(anesthesiologist uses modifier AD) Medical supervision by a physician, >4 concurrent anesthesia procedures Anesthesiologist codes with AD modifier Anesthesiologist receives 3 base units as compensation for preoperative services, plus 1 additional unit if present for induction (use modifier –23/


Financial Statements & Accounting Data

long to code/assign a DRG to a healthcare encounter when we having reimbursement riding on it 3% of Non-Active Duty Admissions are Reimbursable Management of Accounts Receivable (continued) Proprietary vs. Budgetary Recommended accounting entries are: Debit USSGL 1310 (Accounts Receivable) and credit USSGL 6790 (Other Expenses Not Requiring Budgetary Resources) This will ensure a correct financial statement entry without the potential for a appropriation/


Framework For Effective Local Government Finance

that Allow Individual Departments to Track Payment Requests Establish Standards and Procedures to Assure that Expenditures are Paid Within a Stipulated Time Frame Framework For LGU Financial Management Core Financial Functions Funds Management General Ledger Management Cost Management Payment Management Receivable Management Reporting Service Delivery Chart of Account / Accounting Data Mining and Mapping Feeders: Local Government Information Systems HR & Payroll Benefits Travel Acquisition Property/


1 ©H EALTH C APITAL C ONSULTANTS Controlling Healthcare Costs through Accountable Care Organizations By: Robert James Cimasi, MHA, ASA, FRICS, MCBA, AVA,

. 4 ©H EALTH C APITAL C ONSULTANTS Key Principles and Elements of ACOs Ability to provide and manage continuum of care Responsible and accountable for quality and cost of care Incentivize providers for quality – not quantity Local Accountability Legal entity and governance structure that allows receiving/distributing shared savings payments Invest shared savings in delivery system improvements Capable of financial and resource planning Shared/


CNET_ERP Accounting Management

Enable remote POS connection Enable summarized remote Journalization Working on accounting Document Accounting Voucher Check manager General ledger Tax Cart Accounting Voucher 7 Accounting Vouchers Side dock able details Voucher operators Color legend Other many voucher information Bottom dock able details Mainly Journal, if the document is posted Contextual menus Check manager Organize and manage checks. Issued and received check log. Check liquidity calendar. Monthly calendar. Forecast bank/


About BMO.

via the web; extended hours access to the IVR system Same day value for payments received by 7:00 PM ET Funds are are deposited into your account three times each day Third-party transfers between B2B relationships for Accounts Receivable purposes Benefits Enjoy convenient and cost-effective deposit management and funds concentration Access comprehensive on-line reports and 90-day rolling archive Minimize risk/


Health Budgets & Financial Policy Financial Statements & Accounting Data TMA Office of the Chief Financial Officer (OCFO) Management Control & Financial.

potentially add language to the FMR to better clarify medical debt and when to “turn-it over” to DFAS Health Budgets & Financial Policy 25 Management of Accounts Receivable (continued) Proprietary vs. Budgetary –Recommended accounting entries are: Debit USSGL 1310 (Accounts Receivable) and credit USSGL 6790 (Other Expenses Not Requiring Budgetary Resources) –This will ensure a correct financial statement entry without the potential for a appropriation violation/


Health Budgets & Financial Policy Financial Statements & Accounting Data TMA Office of the Chief Financial Officer (OCFO) Management Control & Financial.

higher headquarters but what data is reported regarding outstanding and aged (e.g., >30 days, >120 days) Medical A/R? Accounts Receivable (A/R) Health Budgets & Financial Policy 25 DoD Financial Management Regulation (FMR), Volume 4, Chapter 3, “Receivables” dated November 2009 DoD Financial Management Regulation (FMR), Volume 6B, Chapter 10, “Notes to Financial Statements” dated September 2008 Located at OSD (Comptroller) Web site: –http/


From Registration to Accounts Receivable – The Whole Can of Worms 2007 UBO/UBU Conference 1 Briefing: UBO Accounts Receivable Date: 22 March 2007 Time:

– SFIS is NOT an IT system – http://www.defenselink.mil/dbt/sfis_resources.html What is SFIS? 2007 UBO/UBU Conference From Registration to Accounts Receivable 8 DoD Financial Management Regulation (FMR), Volume 4, Chapter 3, “Receivables” dated April 2003 DoD Financial Management Regulation (FMR), Volume 6B, Chapter 10, “Notes to Financial Statements” dated January 2006 Located at OSD (Comptroller) Web site: – http://www.defenselink.mil/


Charter School Fiscal Management Fiscal Year 2010/11 Presented by: Fiscal Crisis and Management Assistance Team (FCMAT) California School Information Services.

Cash Borrowing Options External borrowing – three options: Tax and Revenue Anticipation Notes (TRANs/RANs) Private financial institutions Accounts receivable factoring Now, with state deferrals, even more agencies require borrowing Some LEA’s – typically in a fiscal crisis/Funding and public views on the efficacy of your school are affected by local data management practices. Importance of Data Management (cont.) Data management practices affect the quality of local and CALPADS data. CALPADS data is used in /


FINANCIAL ACCOUNTING ACCOUNTING-I ACCT 2003 FutureSoft (www.futuresoft.yolasite.com)

disclose any significant compensating balances FutureSoft (www.futuresoft.yolasite.com) Credit Sales and Accounts Receivable Most sales are on credit, which create Accounts Receivable Credit sales create a new set of problems for measuring revenue and managing the company’s assets Credit sales generate POTENTIAL UNCOLLECTIBLE ACCOUNTS FutureSoft (www.futuresoft.yolasite.com) Uncollectible Accounts Granting credit entails both costs and benefits: – The main benefit is the boost/


1 Please use the following two slides as a template for your presentation at NES. Federal Property Accountability: From the Law to the General Ledger Steven.

can be established –Property Identification and Classification uses Receiving reports and vendor documentation as source documentation to establish accountable property records  Property Management uses Receiving reports and vendor documentation as source documentation to establish accountable property records  Property identification  Property identification starts the Property Management lifecycle 26 Front-End of the Property Mgmt Lifecycle Receiving (Cont’d) –Records It is essential that property/


1 Accounting. 2 JOIN KHALID AZIZ CRASH CLASSES OF ICMAP STAGE 1.FUNDAMENTALS OF FA & STAGE 2. FUNDAMENTALS OF COST ACCOUNTING. CONTACT: 0322-3385752.

and record these transactions in a systematic manner. Accountants use a double-entry accounting system in which at least two accounts are always affected by each transaction. The Double Entry System 134 Classification of Accounts There are some asset accounts? – Cash – Notes ReceivableAccounts Receivable – Prepaid Expenses – Land – Building – Equipment 135 Classification of Accounts There are some liability accounts? – Notes Payable – Accounts Payable – Accrued Liabilities (for expenses incurred but not/


Accounts Receivable Generally, two major issues: How to Record Sales Discounts.

accepted method is called the Allowance Method. An Allowance for Doubtful Accounts is set up as a contra-receivable account (contra-asset). It holds management’s best estimate for the amount of receivables that will default. Accounts Receivable Doubtful Receipts To determine management’s best estimate for default, use one of two methods: Accounts Receivable Doubtful Receipts To determine management’s best estimate for default, use one of two methods: Percentage/


Accounting Zoubida SAMLAL - MBA, CFA Member, PHD candidate for HBS program 1.

is a Worksheet? Example of a Work Sheet Remember: A work sheet is not a permanent accounting record When it is used: – financial statements are prepared from the work sheet – adjustments are journalized and posted from the work sheet after financial statements, so management can receive the financial statements more quickly To Prepare A Work Sheet: 1 P repare the trial balance 2/


© 2006 Prentice Hall Business Publishing Accounting Information Systems, 10/e Romney/Steinbart1 of 161 C HAPTER 10 The Revenue Cycle: Sales and Cash Collections.

slightly damaged, the customer may agree to keep them for a price reduction –Credit manager issues a credit memo to reflect that reduction © 2006 Prentice Hall Business Publishing Accounting Information Systems, 10/e Romney/Steinbart78 of 161 BILLING Distribution of credit memos: –One copy to accounts receivable to adjust the customer account –One copy to the customer If repeated attempts to collect payment fail, the/


© 2008 Prentice Hall Business Publishing Accounting Information Systems, 11/e Romney/Steinbart1 of 160 C HAPTER 10 The Revenue Cycle: Sales to Cash Collections.

slightly damaged, the customer may agree to keep them for a price reduction. –Credit manager issues a credit memo to reflect that reduction. © 2008 Prentice Hall Business Publishing Accounting Information Systems, 11/e Romney/Steinbart85 of 161 BILLING Distribution of credit memos: –One copy to accounts receivable to adjust the customer account. –One copy to the customer. If repeated attempts to collect payment fail, the/


© 2008 Prentice Hall Business Publishing Accounting Information Systems, 11/e Romney/Steinbart1 of 136 C HAPTER 8 Information Systems Controls for System.

AICPA and CICA lists ten internationally recognized best practices for protecting the privacy of customers’ personal information: –Management –Notice –Choice and consent –Collection –Use and retention –Access –Disclosure to Third Parties –Security –Quality/ must match the quantity ordered on the purchase order and the quantity received on the receiving report. © 2008 Prentice Hall Business Publishing Accounting Information Systems, 11/e Romney/Steinbart79 of 136 PROCESSING INTEGRITY Processing Controls/


FINANCIAL STATEMENTS AND RATIO ANALYSIS In following we will be demonstrating the use of ratios to help examine the health of a firm. Ratios allow managers.

could lie there. FINANCIAL STATEMENTS AND RATIO ANALYSIS Management Ratios The next set of ratios is termed management ratios because they deal with receivables, payments, and collections management. FINANCIAL STATEMENTS AND RATIO ANALYSIS ACCOUNTS RECEIVABLE TURNOVER The accounts receivable turnover ratio is the number of times per year accounts receivable is paid and replaced. Accounts Receivable Turnover = Sales / Accounts Receivable FINANCIAL STATEMENTS AND RATIO ANALYSIS AVERAGE COLLECTION The average/


Accountability from Flightline to Bottomline Headquarters U.S. Air Force 1 FM on FIAR! Gulf Coast Professional Development Seminar 1 8 March 2012 Ms. Becky.

for which the appropriation was made 8. Obligations Incurred A. Direct Accountability from Flightline to Bottomline 38 Procure to Pay – Receipt and Acceptance Step 7: Receipt of Asset The Base receives the Fire Truck from the vendor, examines the asset, accepts the asset received and creates a receiving document On-line Vehicle Integrated Management System (OLVIMS) reportable vehicles include fire fighting and base maintenance vehicles/


Copyright © 2009 Pearson Prentice Hall. All rights reserved. Chapter 13 Working Capital and Current Assets Management.

general and industry-specific economic conditions. Copyright © 2009 Pearson Prentice Hall. All rights reserved. 13-34 Accounts Receivable Management: Credit Scoring Credit scoring is a procedure resulting in a score that measures an applicant’s overall credit/ generate greater value for its owners. Copyright © 2009 Pearson Prentice Hall. All rights reserved. 13-37 Accounts Receivable Management: Changing Credit Standards Copyright © 2009 Pearson Prentice Hall. All rights reserved. 13-38 Changing Credit Terms/


Chapter 14 Working Capital and Current Asset Management.

, damage, theft, and other difficulties. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 13-37 Accounts Receivable Management The second component of the cash conversion cycle is the average collection period – the average length of time/general and industry- specific economic conditions. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 13-39 Accounts Receivable Management: Credit Scoring Credit scoring is a procedure resulting in a score that measures an applicant’s overall credit/


AUTONOMOUS GROUP LEARNING (AGL) AGL NO. 1 - AGL NO. 1 - FINANCE FOR FINANCE FOR NON - FINANCIAL MANAGERS NON - FINANCIAL MANAGERS DAILY WORK PACK - PART.

give a net profit of 10,000. n In the Balance Sheet: assets of the business were cash, accounts receivable and inventory totalling 61,900. These were financed partly by liabilities 36,900 and partly by owners equity 25/ (continued) (d) Potential: Product Market Product Market Facilities (human and physical) Facilities (human and physical) Management Finance Management Finance Sales Orders Contingent Liabilities Sales Orders Contingent Liabilities Trade Name Patents Trade Name Patents S145 8.6 COMPARISON -/


CASTERLINE ASSOCIATE’S ADVANCED PHA BUDGETING, ACCOUNTING & FINANCIAL REPORTING…. 1 Copyright Casterline Associates 2011 Casterline Associates PC www.casterline.net.

. This subindicator measures the occupancy for the AMP’s fiscal year, adjust for allowable vacancies.  (2) Tenant accounts receivable. This subindicator measures the tenant accounts receivable of an AMP against the tenant charges for the AMP’s fiscal year. 39 Copyright Casterline Associates 2011 PHAS Management Indicators -  (3) Accounts payable. This subindicator measures the money that an AMP owes to the vendors at the end of/


Chapter 19 Working Capital Management. Chapter 19 Outline 2 19.1 Analyzing Working Capital What Constitutes Good Working Capital Management? Cash Flow.

return possible, considering any liquidity or default-risk constraints. 3. The proper management of accounts receivables. 4. The development and maintenance of an efficient inventory management system. 5. The selection of the appropriate level of short-term financing/to and authorizing the local bank to empty these boxes and deposit the checks into the company’s account 17 19.3 Managing Accounts Receivable Credit analysis: process designed to assess the risk of nonpayment by potential customers  Four Cs of /


© Solution Selling, Inc. 2009 Office Depot 2 Day Workshop for Sales Managers.

Example for TDM Staples Key VulnerabilitiesResponse 1. Account management team How does your current vendor manage the account relationship? How often do you see your /representative? What do you like about them? If you could change 3 things about the current relationship, what would it be? 2. Lack of technology resources How do they provide for your technology needs? How do you receive support on technology? Do you have a dedicated account/


Evaluating Commercial Loan Requests 1 14. Evaluating Commercial Loan Requests and Managing Credit Risk Important Questions Regarding Commercial Loan Requests.

COGS / Average Inventory 24 Evaluating Credit Requests: A Four-Part Process Common Size and Financial Ratio Analysis Activity Ratios Days Accounts Receivable Collection Period  A/R / Average Daily Sales Days Cash-to-Cash Cycle  Days Cash + Days A/R +/ either privately or by a governmental unit, for loans that provide payments for losses stemming from default 82 Managing Risk with Loan Sales and Credit Derivatives Credit Enhancements Key terms of credit enhancements potentially include: Credit derivatives /


© 2008 Prentice Hall Business Publishing Accounting Information Systems, 11/e Romney/Steinbart C The Revenue Cycle: Sales to Cash Collections.

goods are slightly damaged, the customer may agree to keep them for a price reduction.  Credit manager issues a credit memo to reflect that reduction. © 2008 Prentice Hall Business Publishing Accounting Information Systems, 11/e Romney/Steinbart  Distribution of credit memos:  One copy to accounts receivable to adjust the customer account.  One copy to the customer.  If repeated attempts to collect payment fail, the credit/


Chapter 15 Short-Term Financial Management Lawrence J. Gitman Jeff Madura Introduction to Finance.

concerns. Learning Goals 15-2 Copyright © 2001 Addison-Wesley Explain the key aspects of accounts receivable management including credit selection and standards, credit terms, and credit monitoring. Review the management of receipts and disbursements, including float, speeding collections, slowing payments, cash concentration and zero-balance accounts. Discuss current liability management, including spontaneous liabilities, unsecured short-term financing, and secured short-term financing. Learning Goals/


7–17–1 Chapter 7 Cash and Receivables. 7–27–2 Copyright © Cengage Learning. All rights reserved. Managing Cash at Nike Poised to become a $20 billion.

net sales method? A..03 x ($620,000 - $35,000 - $2,000) = $17,490 7–58 Copyright © Cengage Learning. All rights reserved. Stop & Apply Q. Management estimates that $2,707 of Accounts Receivable are uncollectible. Allowance for Uncollectible Accounts has a credit balance of $1,200. If the company uses the aging method, what journal entry should be prepared? A. $2,707 – $1,200/


ACCA Paper F9 – Financial Management Taught Course June 2010 Exams.

the policy. The policy should be introduced. Slide 148 chapter 5 section 1.10 Just in Time - example Slide 149 chapter 5 section 2.6 Debt factoring example Slide 150 Managing foreign accounts receivable a)Letters of credit b)Bills of exchange c)Invoice discounting d)Export factoring Ad/Disad of Export factoring AdvantagesDisadvantages (i) saving in staff time/administration costs (i) can/


Role of Account Management at ERCOT Market Participant Identity Management Overview (MPIM)

and to the Helpdesk. The MP USA will need to contact the ERCOT Helpdesk for more information. MPIM OVERVIEW Page 54 Overview Topics Receiving your Digital Certificate Accessing MPIM Managing Users –Create User Accounts –Grant Certificates –Modify User Accounts –Terminate User Accounts –Run Reports –MPIM Errors Losing MP USA access Reference Documents / Important Contact information MPIM OVERVIEW Page 55 Losing MP USA Access - Assignment When/


© 2006 Prentice Hall Business Publishing Accounting Information Systems, 10/e Romney/Steinbart1 of 161 C HAPTER 10 The Revenue Cycle: Sales and Cash Collections.

slightly damaged, the customer may agree to keep them for a price reduction –Credit manager issues a credit memo to reflect that reduction © 2006 Prentice Hall Business Publishing Accounting Information Systems, 10/e Romney/Steinbart75 of 161 BILLING Distribution of credit memos: –One copy to accounts receivable to adjust the customer account –One copy to the customer If repeated attempts to collect payment fail, the/


CLE - CREATIVE LEARNING EXERCISE CLE 21 – A ONE DAY PROGRAM IN ACCOUNTING LANGUAGE & PRACTICE Learn to Communicate with Accounting Staff CLE - CREATIVE.

receivables: Receivables/sales X 365 days 95 CHAPTER V Set 11 THE PACKAGE OF ACCOUNTING REPORTS Profitability: Gross profit/sales X 100% Net profit/sales X 100% Net profit/owners equity X 100%. 96 CHAPTER V Set 11 THE PACKAGE OF ACCOUNTING REPORTS Potential: Sales orders Products Markets Facilities Finance Contingent liabilities. lawsuits etc Management/statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall /


Copyright © by Houghton Mifflin Company. All rights reserved.1 Principles of Accounting 2002e Belverd E. Needles, Jr. Marian Powers Susan Crosson - - -

© by Houghton Mifflin Company. All rights reserved.18Discussion Q. Q. Indicate whether each of the following is related to (a) managing cash needs during seasonal cycles, (b) setting credit policies, or (c) financing receivables. 1. Selling accounts receivable to a factor. 2. Borrowing funds for short-term needs during slow periods. 3. Conducting thorough checks of new customers’ ability to pay. 4. Investing cash/


Training Manual: The Basics of Financing Agriculture Module 3.4 | Management Techniques II – Improving Quality of Analysis 1.

Sales Gross margin Operating expenses Additional income/expenses Module 3.4 | Management Techniques II – Improving Quality of Analysis 7 3a. Reviewing the Analysis : Accounts Receivable ALO must ask why turnover of receivables and credit sales do not match ALO must check the dates incurred and dates due of accounts receivable and analyze large accounts receivable separately Doubtful accounts receivable must not be included in the balance sheet; they should be/


S201 AUTOMATED GROUP LEARNING (AGL) AGL NO. 10 - FINANCIAL MANAGEMENT OF WORKING CAPITAL DAILY WORK PACK - PART 2 Copyright: RGAB/PW 2005/3 AGL.

auditors seldom actually do so because n they may thereby lose a client. S215 3.4 CREATIVE ACCOUNTING (continued) S215 3.4 CREATIVE ACCOUNTING (continued) n Creative accounting within accounting principles may be n achIeved in many ways. but the general rule is: n “ Dont / security for the loan. n 3, Foreclose on the loans and insist upon repayment n immediately and then put in receiver to manage the n business. S347 10.8 BANK ALTERNATIVES AND FINANCIAL POLICY (continued) n 4. Negotiate with Lumsden to take /


Copyright © 2009 Pearson Prentice Hall. All rights reserved. Chapter 14 Working Capital and Current Asset Management.

, damage, theft, and other difficulties. Copyright © 2009 Pearson Prentice Hall. All rights reserved. 14-38 Accounts Receivable Management The second component of the cash conversion cycle is the average collection period – the average length of time / general and industry-specific economic conditions. Copyright © 2009 Pearson Prentice Hall. All rights reserved. 14-40 Accounts Receivable Management: Credit Scoring Credit scoring is a procedure resulting in a score that measures an applicant’s overall credit /


1 Accounting and Financial Management. 2 Introduction to Introduction to Accounting Accounting Accounting & Financial Management.

we added a statement of cash flows. However, managers in todays environment demand more detailed reports like sales by/Accountants use a double-entry accounting system in which at least two accounts are always affected by each transaction. The Double Entry System 128 Classification of Accounts There are some asset accounts? –Cash –Notes ReceivableAccounts Receivable –Prepaid Expenses –Land –Building –Equipment 129 Classification of Accounts There are some liability accounts? –Notes Payable –Accounts/


Setting up/Managing Corporate Customers (for Bank Personnel) Intuit Financial Services University Business Financial Solutions Certification.

Title Page 11 Business Financial Solutions: Setting Up and Managing Corporate Customers Intuit Proprietary and Confidential BFS automatically executes an account mapping process every hour. The account mapping process sends a request to the Host to retrieve accounts associated with the Customer Number of the selected customer. The received accounts are then mapped to the BFS account(s) that were added to BFS by the Bank User/


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