This book is designed for anyone who wants to streamline an accounting system so that transactions can be processed with minimal errors and staff time. The book uses a multi-step approach to improving accounting systems. First, we describe and chart an existing process, focusing on the inputs, processing steps, and outputs associated with each transaction. In many cases, this includes an analysis of wait times and paper flow among employees and departments, in order to differentiate non value-added from value-added activities. Second, we list a number of suggestions for reducing or streamlining the work load. This is a very popular (and thick!) book, and is now in a completely rewritten third edition.
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Related Books
| Accounting Best Practices | Fast Close |
| Accounting Policies and Procedures Manual | Throughput Accounting |
Reviews
Steven Bragg does an excellent job of providing practical information using detailed yet easy to understand examples. This makes the changes discussed far more tangible. Many textbooks discuss concepts or propose ideas, but fail to transform that into usable information and actionable efforts that the reader can immediately use and benefit from. The topics and examples in Just-in-Time Accounting are relevant and interesting, allowing it to convey a message in a way that should appeal to most readers. I am very impressed at how well rounded this book is. -- Chip Nickolett, Director of Consulting Services, Ingres Corporation
Just-in-Time Accounting is an incredible tool kit for streamlining and simplifying the accounting process. Practical but intelligent approaches to the whole accounting cycle make this book so effective and unique that it is a must read for accounting clerk and CFO alike, regardless of the company and accounting department size or the industry you are in. -- Shan Staka, Controller, PGP International
One of the critical goals for the CFO is to develop a Lean Finance Factory which is efficient, on-time, reliable, and accurate. Steve Bragg's Just-in-Time Accounting does exactly that and more. It not only teaches how to set up a system that delivers, but also teaches how to optimize it and as such is a great resource for both new and established CFOs. In today's world of information and data overload, this book is invaluable in teaching how to focus on the urgent and important. -- Arif Iqball, Executive Director and Board Member, Avon Products Co. Ltd. Japan
Most books on business accounting focus only on the accounting process and never address the operational issues that impact it. Steve Bragg has delivered the rest of the story - the valuable insight and detailed information accountants need to help them not only properly account for business activities, but to streamline and improve the overall process. Whether the practitioner is just starting up or is working with a well-established business, the information in this book offers real benefits to both. -- Joanie C. Mann, Vice President, The Sleeter Group