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Accounting Best Practices (Wiley Best Practices) Hardcover – 17 Apr 2007

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Product details

  • Hardcover: 512 pages
  • Publisher: John Wiley & Sons; 5th Edition edition (17 April 2007)
  • Language: English
  • ISBN-10: 0470081821
  • ISBN-13: 978-0470081822
  • Product Dimensions: 16 x 4.1 x 23.2 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 2,322,118 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Product Description


"Bragg, a knowledgeable accounting practitioner and prolific author of accounting practice books, has updated this one–stop source of information…this volume is a comprehensive resource for the accounting profession." (Choice; 11/2007)

From the Inside Flap

With price–cutting measures and tough competitive tactics a fact of business life, companies are often faced with a difficult dilemma—how to cut accounting department operating costs without cutting back on services to the company. Many financial and accounting managers do not realize that corporations can drastically cut expenses in all areas of their accounting department—without hiring an expensive outside consultant—by implementing the techniques known as "best practices."

Accounting Best Practices, Fifth Edition offers the latest and most important information on these advanced techniques and strategies to help you increase productivity, reduce costs, and efficiently monitor a company′s existing systems. This new Fifth Edition has been fully updated to include:

  • An all–new chapter on accounting management
  • Fully revised chapters on payroll and financial statements
  • New best practices added to discussions on accounting management, payroll, billing, and inventory
  • The latest tips on how to avoid missed billing

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 shows readers how to successfully improve both efficiency and accuracy in this excellent step–by–step manual of best practices.

Accounting Best Practices, Fifth Edition will not only show you how to cut your business costs but will demonstrate how to optimize your company′s effectiveness as well. Whether you′ve been searching for ways to cut costs in your accounting department, or just want to offer more services without the added expense, look no further––Accounting Best Practices, Fifth Edition is here.

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Most Helpful Customer Reviews

By Jeb on 20 Oct 2014
Format: Hardcover Verified Purchase
Very fast delivery and very good quality with the book
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Most Helpful Customer Reviews on (beta) 13 reviews
39 of 40 people found the following review helpful
A Valuable Resource 25 Feb 2001
By A Customer - Published on
Format: Hardcover
I found Accounting Best Practices a valuable resource for objectively evaluating my accounting department's business practices and procedures. Mr. Bragg has identified the specific tasks of each of the accounting departments's functions and has made suggestions for efficiencies. The author states the key factors in the successful implementation of the best practices in accounting.
Each chapter presents an exhibit of "Implementation Issues Best Practices" describing the implementation costs, ease and duration of each suggested practice change. This information allowed me to implement the easiest and least costly changes to my accounting department's procedures, thus gaining credibility with upper managment to support the changes involving addional resources.
As a Controller, Best Practices assisted me to focus on the value-added tasks of my department and identifying where my staff's efforts are best utilized to support the corporate objectives. My department has become more efficient, allowing for individual growth opportunities. I highly recommend this book for anyone managing an accounting department. A very concise book that is easy to read and use.
Divisional Controller, CMA
14 of 16 people found the following review helpful
For every business executive 31 Oct 2005
By Gary Wright II - Published on
Format: Hardcover
This book has so many great accounting best practices it should serve as a goal for every company. It is an invaluable reference guide to anyone who is just starting a business, or needing to improve the efficiency of their accounting functions.

I most liked the fact that the book is so easy to read. You won't have to be a CPA to understand this book.

My only suggestion is that the book should have a companion CD or web site with all of the best practices already in an electronic format.
18 of 22 people found the following review helpful
Real help for Accountant 29 April 2000
By A Customer - Published on
Format: Hardcover
Best practices helped me improve accounting operations and cut costs. Appendix B alone is worth the price.
18 of 24 people found the following review helpful
Comprehensive ID of Best Practices 1 May 2000
By A Customer - Published on
Format: Hardcover
Looking for best practices in all areas of accounting? This is the place! Liked the presentation format.
2 of 2 people found the following review helpful
Simple and practical guide 28 July 2009
By Ho Kheong Tan - Published on
Format: Hardcover
Mr. Steven M. Bragg has provided numerous methods on improving the procedures over accounting matters. The book aims is to provide the reader with guidance towards improving efficiency while retaining controls. In addition, the reader might appreciate the guidelines on the perceived time and cost required to implement the recommended procedures.

I found that this book provided a good reading and guide to experienced professionals working in well established multinational corproations as the content related to fundamental accounting matters. This book would be a wake up call for finance departments that had not focued on a balance of efficiency and control in the past.
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