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Process Improvement For Effective Budgeting And Financial Reporting (Wiley-2003)

We decided to write this book when we discovered that a majority of the companies
we talked to had dysfunctional and low-value added processes for budgeting, fore-
casting, and financial reporting. And, as financial executives come and go, typically
little is done to streamline these processes. Even when large amounts of money are
invested in new financial software, the solutions are usually put in place based on
the old, inefficient routines. This locks a company into its past planning and report-
ing habits, when changes really need to be taken to realign the processes with the
current management team, company, industry, and economical situation. Such prob-
lems were apparent in the many failed business process improvement (BPI) and
reengineering projects during the 1990s.

Từ khóa: financial products, financial managers, fiancial derivatives, differential equations, advanced finance, financial reporting, process improvement

300 p tailieu_mku 02/06/2012 302 2

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