CFO Techniques: A Hands-On Guide to Keeping Your Business Solvent and Successful

Procedures for Quintessential Tasks

All functional tasks must have clearly defined procedures. They are an integral part of the internal control system, which is directly responsible for the effectiveness of processes and the accuracy of information. Providing employees with these road maps is the only way to make sure that your departments carry out their responsibilities in accordance with the established policies in order to pursue the company’s strategy.

You know how every time you buy a new computer, it comes with a poster-size folded brochure called “Quick Start?” It tells you what to do first, what needs to be connected and in what order, ...