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
This PPT delves into the granular details of cost management, providing a structured approach to determining key cost drivers, measuring cost drivers, and managing asset resource deployment. It offers a comprehensive framework for evaluating and managing financial performance, ensuring that your organization can maintain fiscal discipline while achieving strategic objectives. The guide is designed to be a practical tool for senior executives who need to make informed decisions based on robust financial data and process insights.
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Source: Best Practices in Process Mapping PowerPoint Slides: Process Mapping Series: Planning and Management Accounting PowerPoint (PPT) Presentation, BusinessRules
Process Mapping Consulting Frameworks Chief Strategy Officer Product Launch Strategy Information Technology Supply Chain Analysis Gap Analysis Organizational Design Strategy Deployment & Execution Balanced Scorecard Strategy Development Order Management Cost Reduction Assessment Procurement Strategy Objectives and Key Results Performance Management Financial Analysis Costing Tax Product Management
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