Mind mapping your way to the right software

Article Abstract:

Mind maps are diagrams that can help users gain a better understanding of a subject by developing a complete picture of it while differentiating each of its parts. Management accountants can greatly benefit from mind mapping because it provides them a framework for matching their organizations' software needs with the thousands of products and vendors available. A map can help management accounts, financial managers and controllers gain a better idea of which software can support their business processes. Specifically, mind maps can help users create space and distance to reveal gaps, place objects in ways that are meaningful to them, determine the size of objects to reflect their importance, and make objects more memorable. These diagrams also have limitations and mistakes in making them can be made. However, they are still worth making even with the possibility of error.

Portrayals, Managerial accounting

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Charting staff functions for better management

Article Abstract:

Hi-Tek Polymers Inc. uses linear responsibility charts (LRC) of departments and their responsibilities to strengthen internal controls and minimize conflicts between departments. An LRC consists of a list of position titles cross-referenced by job functions within the department. Color coded symbols are used to indicate the amount of responsibility associated with each position. LRCs are useful for clarifying the job duties of employees, especially in the case of mergers, new employees entering the department, and for project management. A sample linear responsibility chart is included.

Human resource management, Organizational effectiveness, Office practice, Organization charts, HiTech Polymers

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Let's not neglect records management

Article Abstract:

Records management can involve several policies, including: organization, processing, inventory, retrieval, and use. Corporate records are used to handle administrative, legal, fiscal, and historical requirements. Accounting controls will help the firm maintain accurate records so that a thorough examination of the company's finances can be made easily and quickly.

Records management, Files (Records)

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