Controllership: The Work of the Managerial Accountant, 2007 Cumulative SupplementThis 2007 Cumulative Supplement contains the following new chapters/updates: Chapter 52C: The Role of ERP Systems in Mergers, Acquisitions, and Divestitures. This chapter delves into the role of ERP systems in mergers, acquisitions, and divestitures. Chapter 52D: Achieving Integration Value through Customer and Market Focus. This chapter shows how to increase the odds of M&A success through an enhanced focus on customers and markets served. A new section was added to Chapter 23, outlining how to conduct profitability analysis for services. This includes a full analysis of the measurements to be used, as well as the impact of the number of billable days on the reported level of profitability per month. In Chapter 31, which addresses capital budgeting, we have added several new topics, including the impact of constraint analysis on the approval of expenditures, how to use Expected Commercial Value for project rankings, and problems with the traditional capital budgeting system. There are several additions to Chapter 32 related to the management of accounts payable. These include the use of a payment factory, how to clean up the vendor master file, how to make payments for goods that were drop shipped, and methods to use for the automation of the W-9 form. |
