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BENEFITS OF DOCUMENT
DESCRIPTION
Engaging in the exercise of reviewing and documenting your company's business processes is the first step in learning exactly how work is being performed, where the opportunities for improvement lie and what bottlenecks and inefficiencies exist. Once identified, steps can be taken to develop solutions that will improve existing processes or serve as a guide on how to implement new processes.
Making business decisions without clearly understanding the details of how a process works, can lead to costly mistakes and create inefficient working situations.
This guide will provide you with high-level process steps for Planning and Management Accounting.
Planning and management accounting includes includes process steps for:
• Perform planning/budgeting/forecasting
• Perform cost accounting & control
• Perform cost management
• Evaluate and manage financial performance
This guide will cover the following topics:
• An explanation of the hierarchy of process mapping
• Level 1, 2, 3 process steps in the Planning and Management Accounting process
• Elements of a process flow diagram
Included with this PowerPoint document you will also receive an Excel process grid that outlines Level 1, 2 and 3 process steps in the Planning and Management Accounting process.
This is one document, part of a Process Map Series. If you would like to understand what Process Mapping is, please purchase Introduction to Process Mapping.
Other documents in this series include:
• Introduction to Process Mapping
• Procure to Pay
• Hire to Retire
• Planning and Management Accounting
• Tax Management
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Process Mapping PowerPoint Slides: Process Mapping Series: Planning and Management Accounting PowerPoint (PPT) Presentation, BusinessRules
OVERVIEW
Rekha Krishnamurthi, a business strategist, consultant and small business owner, has worked for various consulting firms including Ernst & Young helping Fortune 500 clients perform business process mapping, identify bottlenecks and implement improvements.
As an experienced project manager, she has led small and large-scale projects from inception and planning to final delivery.
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