How to Develop Effective Accounting Policies, Procedures, and Processes
Duration: 90 minutes
Speaker: Miles Hutchinson
Webinar Description
Your business is expanding rapidly, but your business management systems are ineffective. You need to standardize your management processes to clear up confusion. What does it take to efficiently run your business? How do you get senior management to back the standardization of your processes? There are many accounting processes involved in running your business, e.g., procure-to-pay, order placement to collection, payroll, production, customer service, systems support, and financial reporting. This webinar can help you develop a solid plan to move your organization toward regulatory compliance, efficiency improvements, standardized processes, and adequate documentation of your policies and procedures.
Miles Hutchinson, experienced CPA and financial analyst, will discuss the basic principles of policy and procedure design, how to plan a project, including a detailed project budget, how to write clear and concise standards, how to obtain senior management approval of your policies and procedures, how to ensure compliance with those procedures, and the most efficient way to keep your processes up-to-date. He will provide practical instructions and guidance for testing the quality of your accounting procedures.
Bonus: Use Mr. Hutchinson's unique Microsoft™ Excel™-based project planning tools to organize the steps, timeline, project leaders and teams for your accounting projects. Learn the best resources to help you complete the project with stellar results.
Agenda
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Starter Question: There's so much to do! Where and how do I begin?
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How to prioritize your list of needed procedures
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Aligning the role of policies and procedures with your business model
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How to involve the right people to ensure acceptance and success
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How to write a practical and effective leadership endorsement memo
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Step-by-step action plan for smooth development and rollout of new policies
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Useful templates and plans to develop your policies and procedures
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Where and how to introduce internal controls into the development process
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How to use the power of language to design unequivocal action-oriented procedures
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How to provide for exception transactions
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Don't reinvent the wheel - where to find samples of pre-written policies and policies and procedures to help you finish this project in record time
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References to rich resources to help you develop effective policies and procedures
Logistics
- 90-minute webinar (Travel-Free) delivered over the Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.