Corporate Controllers Handbook of Financial Management 2002

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Edition: 2nd
Format: Paperback
Pub. Date: 2002-02-01
Publisher(s): Wolters Kluwer Law and Business
List Price: $69.95

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Table of Contents

What This Supplement Will Do for You vii
The Corporate Controller and Database Management Systems
1(16)
Database Security
3(2)
Classification
5(1)
Object Databases
5(1)
Distributed Database Management Systems
5(1)
Hierarchical Databases
5(1)
Multimedia Databases
6(1)
Multidimensional Databases
6(1)
Data Warehousing
6(2)
Data Marts
8(1)
Data Modeling
8(1)
Link Analysis
9(1)
Knowledge Discovery
9(1)
Market Basket Analysis
9(1)
Memory-Based Reasoning
10(1)
Data Mining
10(2)
Fuzzy Search
12(1)
Neural Networks
13(1)
Online Analytical Processing
14(1)
Online Transaction Processing
15(1)
Genetic Algorithms
16(1)
Decision Trees
16(1)
Personal Information Agents
16(1)
The Corporate Controller and the Client/Server Environment
17(4)
Functioning
17(1)
Decision Making
18(1)
Security Concerns
19(2)
The Corporate Controller and Artificial Intelligence Applications
21(10)
Expert Systems
21(4)
Neural Networks
25(6)
Accounting Software Packages
31(18)
Accounting Software
33(4)
Write-Up Software
37(1)
Tax Preparation Software
38(3)
Audit Software
41(2)
Spreadsheets
43(3)
ABC Software
46(3)
Financial Management Information Systems and Software Packages
49(30)
Inputs to the Financial Management Information System
50(1)
Financial MIS Subsystems and Outputs
51(1)
Financial Forecasting
51(1)
Profit/Loss and Cost Systems
52(1)
Financial Intelligence
52(2)
Funds Management
54(1)
Financial Budgeting, Planning, and Control
55(6)
Forecasting Financial Distress with Z Score
61(1)
Z-Score Model
62(2)
More Applications of the Z Score
64(1)
Words of Caution
65(1)
Forecasting External Financing Needs-The Percent-of Sales Method
65(2)
Financial Modeling Languages
67(1)
Financial Analysis with Spreadsheets
67(1)
Financial Ratio Analysis
68(1)
Maximum Versus Minimum Profits
69(1)
Choice of Depreciation Method
69(1)
Planning and Forecasting
70(1)
Short-Term Decisions
71(1)
Long-Term Asset Decisions
72(1)
Long-Term Financing Decisions
73(1)
Other Financial Management Software
74(1)
Popular Budgeting and Planning Software
75(4)
Business Law
79(26)
Contracts
79(3)
Sales
82(2)
Investment Securities
84(1)
Employment Regulations
84(4)
Secured Transactions
88(3)
Suretyship and Creditor's Rights
91(3)
Documents of Title
94(1)
Corporations
95(4)
Bankruptcy
99(3)
Environmental Law
102(3)
Financial Statement Reporting: The Income Statement
105(18)
Financial Accounting Standards Board Statement Number 130
105(4)
Disclosures Associated with Operations
109(1)
Service Sales Revenue
109(2)
Contract Types
111(2)
Contract Costs
113(1)
Government Contracts
113(1)
Revenue Recognition When a Right of Return Exists
114(1)
Software Revenue Recognition
115(1)
Warranty and Maintenance Revenue
115(1)
Contributions
116(1)
Advertising Costs
117(1)
Restructuring Charges
118(1)
Organization Costs
118(2)
Earnings Per Share
120(1)
Basic Earnings Per Share
120(1)
Diluted Earnings Per Share
121(2)
Financial Statement Reporting: The Balance Sheet
123(10)
Loans Receivable
123(1)
Impairment of Loans
124(1)
Patents
125(1)
Donation of Fixed Assets
126(1)
Impairment of Fixed Assets
126(2)
Barter Transactions
128(1)
Stock-Based Compensation
128(5)
Accounting and Disclosures
133(8)
Segmental Disclosures
133(3)
Disclosure of Capital Structure Information
136(1)
Related Party Disclosures
137(1)
Disclosure for Derivatives
138(1)
Inflation Information
138(1)
Environmental Reporting and Disclosures
138(3)
Key Financial Accounting Areas
141(10)
Leases
141(2)
Pension Plans
143(4)
Profit Sharing Plans
147(1)
Income Tax Accounting
147(1)
Derivative Products
148(3)
Accounting for Multinational Operations
151(12)
Introduction: Accounting Dimensions of International Business
151(1)
Foreign Currency Exchange Rates
152(1)
Accounting for Foreign Currency Transactions
153(1)
Transactions Denominated in U.S. Currency
153(1)
Transactions Denominated in Foreign Currency
153(2)
Translation of Foreign Currency Financial Statements
155(1)
The Functional Currency
156(4)
Interpretation of Foreign Financial Statements
160(1)
Harmonization of Accounting Standards
160(3)
Cost-Volume-Profit Analysis and Leverage
163(16)
Break-Even and Cost-Volume-Revenue Analysis for Nonprofit Organizations
163(16)
The Use of Capital Budgeting in Decision Making
179(12)
Comparing Projects with Unequal Lives
179(3)
How Income Taxes Affect Investment Decisions
182(9)
Avoiding Financial Distress: Key Financial Ratios and Metrics for Nonprofits
191(32)
Trend Analysis
192(1)
Analysis of the Balance Sheet
193(1)
Liquidity Analysis
193(4)
Financial Flexibility
197(1)
Asset Utilization
197(1)
Analysis of Fixed Assets
198(1)
Analysis of Liabilities
198(1)
Appraisal of Solvency, Capital Structure, and Fund Balance
199(1)
Evaluation of the Statement of Activities
199(1)
Revenue
200(1)
Costs
200(1)
Profitability
201(1)
Disclosures
202(1)
Performance Metrics
202(2)
Fund Raising Ability
204(1)
Analysis of Pledges
204(1)
Analysis of Contributions
205(1)
Looking at Endowments
205(1)
Evaluation of Grants
206(1)
Risk/Return Analysis
206(1)
Audit Reliability
207(1)
Software
207(1)
Spotting Potential Bankruptcy and Avoiding Financial Problems
207(3)
Case Study in Financial Statement Analysis: Family Service Agency of Utopia
210(1)
Liquidity Analysis
211(3)
Analysis of Solvency
214(1)
Analysis of the Statement of Activities
214(9)
Total Quality Management (TQM) and Quality Costs
223(12)
Total Quality Management
223(3)
Quality Costs
226(1)
Quality Cost and Performance Reports
227(8)
Risk Management and Analysis
235(10)
Appraisal of Risk
236(2)
Types of Risk
238(1)
Risk Analysis and Management Software
239(1)
Risk Control
240(1)
Risk Software Packages and Products
240(3)
Risk Modeling Software Applications
243(1)
Risk Management Information Systems (RMIS) Testing Laboratory
244(1)
Online Risk Management Database Services
244(1)
Reengineering and Outsourcing the Business
245(6)
Reengineering
245(4)
Outsourcing and Insourcing
249(2)
Forecasting and Financial Planning
251(12)
Who Uses Forecasts?
251(2)
Types of Forecasts
253(1)
Forecasting Methods
254(2)
Selection of Forecasting Method
256(1)
The Qualitative Approach
257(3)
Common Features and Assumptions Inherent in Forecasting
260(1)
Steps in the Forecasting Process
261(2)
Financial and Earnings Forecasting
263(16)
The Percent-of Sales Method
263(3)
The CPA's Involvement and Responsibility with Prospective Financial Statements
266(5)
Earnings Forecast
271(6)
Conclusion
277(2)
Cash Flow Forecasting
279(8)
Markov Approach
279(3)
Simple Average
282(1)
Lagged Regression Approach
283(3)
Conclusion
286(1)
Interest Rate Forecasting
287(8)
Interest Rate Fundamentals
287(1)
Statistical Methodology and a Sample Model
288(4)
Checklist for Screening Out Explanatory Factors
292(1)
A Word of Caution
293(1)
Conclusion
294(1)
Forecasting Foreign Exchange Rates
295(14)
Why Forecast Exchange Rates?
295(2)
Some Basic Terms and Relationships
297(3)
Forecasting Techniques
300(7)
A Framework for Evaluating Forecasts
307(1)
Conclusion
308(1)
Evaluation of Forecasts
309(8)
Cost of Prediction Errors
309(1)
Checklist
310(1)
Measuring Accuracy of Forecasts
310(2)
The U Statistic and Turning Point Errors
312(1)
Control of Forecasts
313(2)
Conclusion
315(2)
Forecasting Tools and Software
317(14)
Forecasting and Statistical Software
323(6)
Choosing the Right Package
329(1)
Conclusion
329(2)
The Use of Computer Software in Managerial Accounting
331(14)
Planning and Budgeting
331(3)
Forecasting and Statistics
334(2)
Project Planning and Evaluation
336(1)
Capital Budgeting
337(1)
Risk Analysis
337(1)
Cost Accounting Systems
338(1)
Activity-Based Costing (ABC)
339(1)
Appraisal of Inventory
340(1)
Executive Management Games
341(1)
Linear Programming
341(1)
Flowcharting
342(3)
Corporate Valuations
345(28)
Steps in Valuation
347(1)
Definitions of ``Value''
347(1)
Fair Market Value
347(1)
Replacement value
347(2)
Liquidation Value
349(1)
``Going Concern'' Value
349(1)
Matching value Definitions and Valuation Reasons
349(1)
General Approaches to Business valuation
349(2)
Performing a General Analysis of the Company Being Valued
351(2)
Business valuation Methods
353(8)
Marketability Discounts
361(1)
Control Premiums and Discounts
362(1)
Summary
362(1)
Revenue Ruling 59-60
363(10)
Management Analysis of Operations
373(10)
Analysis of Profit
373(1)
Analysis of Revenue
374(1)
Cost Analysis and Control
374(2)
Cost of Quality (COQ)
376(1)
Cost of Prediction Errors
376(1)
Performance Measures
377(1)
Studying Productivity
377(1)
Sales Efforts
378(1)
Looking at Personnel
378(1)
Efficiency of Space Use
378(1)
Business Processes
379(1)
Life Cycles
380(1)
Time Considerations
381(1)
Divestitures
381(2)
Economic Feasibility Study for an Information Technology (IT) Investment
383(36)
What Are the Types of Investment Projects?
384(1)
What Are the Features of Investment Projects?
384(1)
Understanding the Concept of Time value of Money
384(10)
How Do You Measure Investment Worth?
394(5)
How Do Income Taxes Affect Investment Decisions?
399(3)
How Does MACRS Affect Investment Decisions?
402(4)
What to Know About the Cost of Capital
406(7)
Economic Feasibility Study for a New Information System
413(4)
Summary
417(2)
Legal and Regulatory Environment of the Firm
419(8)
The Rationale for Regulation
419(1)
Antitrust Policy: Government Regulation of Market Conduct and Structure
420(2)
Resource Allocation and the Supply of Public Goods
422(1)
Public Project Analysis and Cost/Benefit Analysis
423(1)
Classification of Goods
424(1)
Social Goods and Externalities
424(3)
Management of Accounts Receivable
427(2)
Cash Disbursement
427(2)
Financial Derivative Products and Financial Engineering
429(32)
Financial Derivatives
429(1)
Options
430(1)
Kinds of Options
431(1)
Why Investors Use Options
432(1)
How Options Are Traded
433(1)
Terms of an Option
433(1)
Using Profit Diagrams
434(2)
Option Costs
436(3)
The Risks and Rewards of Options
439(2)
Call and Put Investment Strategies You May Use
441(2)
How Option Writing Works
443(1)
Selling an Option on Something You Don't Own
443(1)
Option Strategies
444(3)
How to Choose an Option Strategy
447(1)
Index Options
448(1)
Software for Options Analysis
449(1)
The Black-Scholes Option Pricing Model (OPM)
449(3)
Futures Contracts
452(1)
Futures Trading and Risk
452(1)
Commodities Futures
453(1)
Returns and Risks for Futures Contracts
454(1)
Who Uses Futures?
455(1)
How to Minimize Risks
455(1)
Financial Futures
456(1)
What Is a Stock Index Future?
457(1)
Transacting in Futures
457(1)
Printed Chart Services and Software for Futures
458(1)
Financial Engineering
458(3)
Forensic Accounting
461(18)
Why Is Forensic Accounting Necessary?
462(1)
When Does One Employ a Forensic Accountant?
463(1)
Where Is a Forensic Accountant Used?
464(1)
How Does a Forensic Accountant Work?
465(1)
A Case in Forensic Accounting
466(13)
International Finance
479(56)
Foreign Currency Futures
479(9)
Currency Option
488(20)
International Transfer Pricing
508(9)
Analysis of Foreign Investments
517(8)
Balance of Payments
525(10)
Payroll Taxes
535(4)
Employment Eligibility Verification
535(1)
Social Security and Medicare Taxes
535(1)
Tax Deposits
535(1)
Sample Filled-in Tax Form
536(2)
Electronic Federal Tax Payment System
538(1)
Divestiture
539(2)
APB Opinion Number 29
539(2)
Index 541

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