Here you will find summaries of some of the
articles contained in our library. Click on the button to download or view
the PDF of the article.
| "To
GAAP or not to GAAP" |
A discussion of the
application of Earnings Before Interest, Taxes, Depreciation and
Amortization (EBITDA) for non-traditional perspectives on financial
statements. Also discusses the abuses of EBITDA.
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| "The Transition
from Transactional Accounting." |
Understanding the financial
aspects of business activities by translating financial information into
an activity-based view of the business. The two views, general ledger
and activity can coexist. But it is the activity view that can be used
to enhance performance.
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| "Realities
Underlying Traditional Financial Statements" |
Some new barometers for
evaluating performance are on-time deliveries, percent rework, quality,
customer satisfaction, and the rate of innovation. Among the reasons
these new types of information are replacing the traditional financial
reporting is that executives, lenders, and investors want leading
indicators that can predict performance.
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| "Financing your
Business: Debt or Equity?" |
A discussion of the
advantages and disadvantages of invested capital or borrowed capital.
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| "Plotting a
Break-Even Point." |
A step-by-step approach to
creating a breakeven "cost/volume/profit graph.
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| "Cash Flow: As
Critical as Profitability." |
Understanding the difference
between 'net profit' and 'cash flow.'
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| "Customer
Segment Income Statements." |
A powerful management tool
is the analysis of income statements and profitability reports based on
customers or customer segments.
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| "Make or Buy: An
often Overlooked Source for Profit Improvement." |
How to decide whether or not
to outsource.
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| "Leasing:
Competitive Advantage or Costly Alternative." |
The advantages and
disadvantages of leasing - when to do it and when not to.
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"Financing Growth from Within." |
Describes how to
use cash flow as a method of financing growth.
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| "Cash Flow
through Process Control." |
The bottlenecks in a
manufacturing process that negatively effect cash flow.
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| "How Costly is
Expansion." |
How to determine when it is
appropriate and beneficial to expand.
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| "Faking Left and
Running Right." |
A discussion of the ethics
of accounting practices
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| "'Balancing' the
Income Statement." |
Balancing the emphasis on
revenues and controlling costs as a predictor of future profitability.
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"Another GAP in
the Accounting Profession:
The Perception of Materiality." |
Ethical considerations of
disclosures in audited financial statements
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"Accounting
Accountability" |
Challenges to the
credibility of the accounting profession
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"SAS 99: What it
Means to your Organization" |
New auditing procedures to
protect against fraud and what impact they will have on you
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