Accounting Best Practices

The accounting department that strives to adopt
best practices enjoys a host of benefits, not the least of which
include improved customer service, cycle times, product quality,
and profitability, as well as reduced error rates. Building upon his
benchmark resource, renowned accounting authority Steven Bragg
adds sixty new best practices for improving both efficiency and
accuracy in the third edition of Accounting Best Practices. This
seminal reference comprises close to 300 best practices in all, making
it the most comprehensive collection available. As with its
predecessors, Accounting Best Practices, Third Edition covers a wide
variety of accounting functions. The author also includes an
all-new chapter, “Internal Auditing Best Practices,” reflecting how
this function has increasingly become the province of the Chief
Financial Officer; nineteen best practices are explained. Bragg further
contributes a number of new risk and investor management best
practices to the finance chapter and expands the accounts payable
chapter to forty total best practices, the most of any chapter in the book.

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