Managing Cash Flow

Index
A
ABC, see Activity based costing
ABM (Activity Based Management), 156
Accounting, responsibility, 229, 231–232
Accounting function, 177–238
activity-based costing applications for,
211–213
areas of, 179–181
basic business principles in, 183–184
budget analysis in, 200–202
cash management analysis survey for,
188–198
cost analysis of, 202–206
developing recommendations for,
213–214
financial reporting in, 185–188
goal identification in, 182–183
goals of, 11
operations analysis of, 206–211
organizational issues with, 198–199
and organization recommendations,
232–234
prioritizing activities in, 184–185
review of, 234–237
specific recommendations for, 214–232,
234–237
Accounts payable, 8, 182, 206–207,
215–216, 235
Accounts receivable, 4, 7, 16, 39–43,
45–47, 182, 207–209, 216–217,
235–236
Accounts receivable-based financing, 252,
255–256
Accrual-based accounting, 19, 20, 186, 188
ACHs (automated clearinghouses), 23
Acquisitions (of new businesses), 316
Activity based costing (ABC), 152–174
accounting function applications of,
211–213
case study in, 168, 169, 171–174
cost assignment view of, 162
functional cost controls in, 167–170, 172
levels in, 163–166
objectives of, 153
and organizational concerns, 152,
154–157
overhead considerations in, 164,
166–167
process view of, 163
traditional costing vs., 157–161, 165
Activity Based Management (ABM), 156
Adjusted Net Income method, 288–289
Administration, 5, 167
Aging, accounts receivable, 42–43, 46
American Institute of Certified Public
Accountants (AICPA), 264
Amortization, 186
Assets, 12, 18, 251
Assumptions, 292–293, 297–298
Audit checks, 60–61
Automated clearinghouses (ACHs), 23
Automatic balance accounts, 66
Availability float, 24–26
B
Backlogs, 4
Balance sheets, 36–39
Banks/banking, 21–23, 28–33, 66–67, 252,
254–255, 258–259
Bank accounts, 66–67
Bankers’ acceptances, 256
Basic business principles, 5–6, 183–184
Batch level activities, 163
Benchmarking, 124–151
case study of, 148–150
and comparative analysis, 145–148
employee comparisons for, 141–144
external, 126–127, 150–151
internal, 126–130, 148–150
measures by function for, 133–134
and organizational structure, 130,
134–141
qualitative, 132
quantitative, 131
and stakeholders, 124
strategic concepts for, 125–126
targets of, 150–151
Best-in-class benchmarking, 127
Billing, 7
Board of Directors, 242
Bonds, 257
347