Summary Table of Contents: COSTING

Transcription

1 Summary Table of Contents: COSTING S0 Introduction... S0-1 S1 Costing methodologies... S1-1 S1A Checklists and forms... S1A - 1 S2 Activity-based costing... S2-1 S2A Checklists and forms... S2A - 1 S2B Case study... S2B - 1 S3 Value chain analysis... S3-1 S3A Checklists and forms... S3A - 1 S4 Transfer pricing... S4-1 S4A Checklists and forms... S4A - 1 S4B Canada Revenue Agency... S4B SI - 1 Consolidated... MI - 1 STC-1 (Costing) (2012)

2 Detailed Table of Contents: COSTING S0 INTRODUCTION S0.1 How to use this book... S0-1 S0.2 Costing... S0-4 S0.3 The author... S0-7 S1 COSTING METHODOLOGIES S1.1 Overview... S1-1 S1.2 Cost accounting... S1-3 S1.3 Costing methodologies... S1-7 S1.4 Standard costing... S1-12 S1.5 Managing costs... S1-17 S1.6 Quality costing... S1-23 S1.7 Theory of constraints... S1-35 S1.8 Product life cycle costing... S1-39 S1A CHECKLISTS AND FORMS S1A.1 Traditional cost management... S1A - 1 S1A.2 Strategic cost management... S1A - 3 S1A.3 Cost systems design... S1A - 5 S1A.4 Direct costing... S1A - 7 S1A.5 Absorption costing... S1A - 9 S1A.6 Standard cost versus actual cost... S1A - 11 S1A.7 By-product costing... S1A - 13 S1A.8 Variance analysis... S1A - 15 S1A.9 Activity-based costing... S1A - 17 S1A.10 Quality... S1A - 19 S1A.11 Product life cycle costing... S1A - 21 S2 ACTIVITY-BASED COSTING S2.1 Overview... S2-1 S2.2 Why use activity-based costing?... S2-3 S2.3 The ABCs of ABC... S2-5 S2.4 Activities and cost drivers... S2-10 S2.5 Implementing ABC... S2-17 S2.6 Advantages and disadvantages of ABC... S2-21 S2A CHECKLISTS AND FORMS S2A.1 Understanding and implementing ABC... S2A - 1 S2A.2 Activity-based costing... S2A - 5 S2B CASE STUDY S2B.1 Implementing ABC in a service business... S2B - 1 S3 VALUE CHAIN ANALYSIS S3.1 Overview... S3-1 S3.2 Value chain... S3-3 S3.3 Supply chain and supply chain management... S3-8 S3.4 Creating value... S3-10 DTC-1 (Costing) (2013)

3 CONTROLLERSHIP GUIDE: COSTING S3.5 Accounting and the value chain... S3-13 S3A CHECKLISTS AND FORMS S3A.1 Value chain analysis... S3A - 1 S4 TRANSFER PRICING S4.1 Overview... S4-1 S4.2 Elements of transfer pricing... S4-3 S4.3 Methods and techniques... S4-11 S4.4 CRA requirements... S4-14 S4A CHECKLISTS AND FORMS S4A.1 Transfer pricing... S4A - 1 S4B CANADA REVENUE AGENCY S4B.1 IC 87-2R: International transfer pricing... S4B.1-1 S4B.2 IC 94-4R: International transfer pricing: advance pricing arrangements... S4B.2-1 S4B.3 IC 94-4R (Special release): Income tax information circular... S4B.3-1 INDEX... SI - 1 Consolidated... MI - 1 DTC-2

4 CONTROLLERSHIP GUIDE THE COMPLETE SERIES TABLE OF CONTENTS Planning and Reporting P0 Introduction P1 Controllership and management P2 Risk and control P3 Planning and budgeting P4 Performance measurement and management reporting P5 Financial reporting C0 Introduction C1 Cash management C2 Receivables and receipts C3 Inventory C4 Purchasing and payables C5 Tax administration S0 Introduction S1 Costing methodologies S2 Activity-based costing S3 Value chain analysis S4 Transfer pricing Control Costing Technology and Systems T0 Introduction T1 Information technology T2 Environment T3 Business process improvement T4 Human resources and payroll T5 Facilities and equipment VTC-1 (Costing) (2010)

5 CONTROLLERSHIP GUIDE - THE COMPLETE SERIES DETAILED TABLE OF CONTENTS Planning and Reporting P0 Introduction P0.1 Using this book P0.2 Planning and reporting P0.3 The author P1 Controllership and management P1.1 Controllership P1.2 The finance department P1.3 Time management P1.4 Ethical issues P1.5 The new controller P1.6 Working with other managers P1.7 Working with customers, suppliers and outside professionals P1A Checklists and forms P1A.1 Preliminary snapshot: controller s management role P1A.2 New controllers: getting off to a good start P1A.3 Working with the owner and key management P1A.4 Dealing with outside professionals P1A.5 Working smarter P1A.6 Ethical issues P1A.7 Start-up checklist for new controllers P1A.8 Preliminary snapshot: time management P1A.9 Linking personal effectiveness to organizational effectiveness P1A.10 Creating a best practice plan for your own time P1A.11 Assigning time to the key aspects of the controller s position P1A.12 Time wasters to be avoided P1A.13 Getting organized P1A.14 Effective leadership role in time management P1A.15 Time management for a home office P1A.16 Effective control of personal time and paperwork P1A.17 Preliminary snapshot: managing the finance department P1A.18 Meeting key commitments and due dates P1A.19 Directing the monthly closing process P1A.20 Monthly general ledger closing forms P1B Sample policies and procedures P1B.1 Example policy and procedure: Customer order processing P1B.2 Example policy and procedure: General accounting procedures DVTC-1 (Costing) (2013)

6 P2 Risk and control P2.1 Overview P2.2 Enterprise Risk Management P2.3 Risk assessment P2.4 Internal control P2.5 Insurance P2A Checklists and forms P2A.1 Preliminary snapshot: risk management P2A.2 Defining and identifying risks P2A.3 Risk management alternatives P2A.4 Business and market risk P2A.5 Individual risk P2A.6 Property risk P2A.7 Other risk and liability P2A.8 Environmental risk P2A.9 Property risk P2A.10 Risk reduction and cost savings P2A.11 Other insurance issues P2A.12 Risk profile questionnaire P2B Internal control questionnaires P2B.1 Internal control evaluation tool Control environment P2B.2 Internal control questionnaire: Accounts receivable P3 Planning and budgeting P3.1 Business planning P3.2 Strategic planning P3.3 The budget P3.4 Preparing the budget P3.5 Planning capital expenditures P3A Checklists and forms P3A.1 Preliminary snapshot: Business planning P3A.2 SWOT analysis P3A.3 Action plan P3A.4 Budget checklist P3A.5 Budget preparation schedules P3B Case study: Bright Shine Car Wash P4 Performance measurement and management reporting P4.1 Measuring performance P4.2 Characteristics of information P4.3 Non-financial performance management P4.4 Identifying value drivers P4.5 Conveying information P4.6 Assessing information requirements DVTC-2

7 P4.7 Reporting P4A Checklists and forms P4A.1 Measuring financial performance P4A.2 Using ratios P4A.3 Divisional performance measurement P4A.4 Performance measurement P4B Financial ratios P5 Financial reporting P5.1 Accounting standards in 2013 P5.2 Annual reporting P5.3 Interim reporting P5A Checklists and forms P5A.1 Year-end financial statements planning Control C0 Introduction C0.1 Using this book C0.2 Control C0.3 The author C1 Cash management C1.1 Overview C1.2 Controlling cash during challenging times C1.3 Cash operating cycle C1.4 Cash forecasting C1.5 Investing idle cash C1.6 Dealing with banks and bankers C1.7 Safeguarding cash C1.8 Cash reporting C1A Checklists and forms C1A.1 Cash budgeting C1A.2 Cash management C1A.3 Preliminary snapshot: cash management C1A.4 Operating cash cycles C1A.5 Forecasting cash C1A.6 Investment strategy C1A.7 Investing idle cash C1A.8 Administrative considerations C1A.9 Banking relationship DVTC-3 (Costing) (2013)

8 C1A.10 Cash reporting C1B Internal control questionnaire C1B.1 Key controls: cash C2 Receivables and receipts C2.1 Overview C2.2 Credit C2.3 Collections C2.4 Processing receivables and receipts C2.5 Monitoring receivables C2A Checklists and forms C2A.1 Preliminary snapshot: accounts receivable C2A.2 Establishing credit policies and procedures C2A.3 Selling to creditworthy customers C2A.4 Collecting past-due accounts C2A.5 Obtaining additional security C2A.6 Accounting systems C2A.7 Monitoring accounts receivable C2B Internal control questionnaire C2B.1 Key controls: accounts receivable C3 Inventory C3.1 Overview C3.2 Managing inventory C3.3 Controlling inventory C3.4 Inventory reports C3A Checklists and forms C3A.1 Preliminary snapshot: inventory C3A.2 Managing inventory levels C3A.3 Physical count inventory planning C3A.4 Improving inventory efficiency checklist C3A.5 Receiving and shipping control C3A.6 Monitoring inventory C3B Internal control questionnaire C3B.1 Key controls: inventory C4 Purchasing and payables C4.1 Overview C4.2 Purchasing C4.3 Accounts payable C4.4 Payments C4.5 Purchasing and payables reports DVTC-4

9 C4A Checklists and forms C4A.1 Preliminary snapshot: purchasing and payables C4A.2 Monitoring purchasing activities C4A.3 Accounts payable process C4A.4 Controlling cash disbursements C4A.5 Monitoring accounts payable performance C4A.6 Cheque payment analysis chart C4A.7 Accounts payable monthly management report C4A.8 Vendor statement reconciliation C4A.9 Month-end payables reconciliation C4B Internal control questionnaire C4B.1 Key controls: accounts payable C5 Tax administration C5.1 Overview C5.2 Tax administration C5.3 Tax planning C5.4 GST and sales taxes C5.5 Property taxes C5A Checklists and forms C5A.1 Preliminary snapshot: Tax administration C5A.2 Developing a tax administration system C5A.3 Meeting CRA reporting requirements C5A.4 GST/HST C5A.5 Tax planning strategies C5A.6 Provincial and local taxes C5A.7 Dealing with the CRA C5A.8 Tax record and record retention policies C5B Reference material C5B.1 T2 Corporation - Income Tax Guide C5B.2 Corporation Instalment Guide Costing S0 Introduction S0.1 How to use this book S0.2 Costing S0.3 The author S1 Costing methodologies S1.1 Overview S1.2 Cost accounting DVTC-5 (Costing) (2013)

10 S1.3 Costing methodologies S1.4 Standard costing S1.5 Managing costs S1.6 Quality costing S1.7 Theory of constraints S1.8 Product life cycle costing S1A Checklists and forms S1A.1 Traditional cost management S1A.2 Strategic cost management S1A.3 Cost systems design S1A.4 Direct costing S1A.5 Absorption costing S1A.6 Standard cost versus actual cost S1A.7 By-product costing S1A.8 Variance analysis S1A.9 Activity-based costing S1A.10 Quality S1A.11 Product life cycle costing S2 Activity-based costing S2.1 Overview S2.2 Why use activity-based costing? S2.3 The ABCs of ABC S2.4 Activities and cost drivers S2.5 Implementing ABC S2.6 Advantages and disadvantages of ABC S2A Checklists and forms S2A.1 Understanding and implementing ABC S2A.2 Activity-based costing S2B Case study S2B.1 Implementing ABC in a service business S3 Value chain analysis S3.1 Overview S3.2 Value chain S3.3 Supply chain and supply chain management S3.4 Creating value S3.5 Accounting and the value chain S3A Checklists and forms S3A.1 Value chain analysis S4 Transfer pricing S4.1 Overview S4.2 Elements of transfer pricing DVTC-6

11 S4.3 Methods and techniques S4.4 CRA requirements S4A Checklists and forms S4A.1 Transfer pricing S4B Canada Revenue Agency S4B.1 IC 87-2R: International transfer pricing S4B.2 IC 94-4R: International transfer pricing: advance pricing arrangements S4B.3 IC 94-4R (Special release): Income tax information circular Technology and systems T0 Introduction T0.1 Preface T0.2 Technology and systems T0.3 How to use this guide T0.4 About the author T0.5 Contact us! T1 Information technology T1.1 Overview T1.2 Systems and strategy T1.3 Managing information technology T1.4 IT controls T1.5 Enterprise resource planning T1A Checklists and forms T1A.1 Information technology T1A.2 Accounting system T2 Environment T2.1 Overview T2.2 Business and the environment T2.3 Carbon credits T2.4 Financial impact of the environment T2.5 Accounting for the environment T2A Checklists and forms T2A.1 Environmental issues T2A.2 Accounting for the environment T3 Business process improvement T3.1 Overview T3.2 Business process improvement DVTC-7 (Costing) (2013)

12 T3.3 Total quality management T3.4 Business process reengineering T3.5 Implementing BPR T3.6 Ideas for the future T3A Checklists and forms T3A.1 Improving business processes T4 Human resources and payroll T4.1 Overview T4.2 Hiring T4.3 Compensation management T4.4 Performance evaluation T4.5 Payroll T4A Checklists and forms T4A.1 Hiring T4A.2 Compensation management T4A.3 Year-end payroll checklist T4A.4 Developing an employee handbook T4A.5 Statutory requirements T4A.6 Payroll T4A.7 Resources for interviews T4A.8 Candidate evaluation form T4B Canada Revenue Agency Guides T4B.1 Employers Guide: Payroll deductions and remittances T4B.2 Employers Guide: Taxable benefits and allowances T4B.3 Employers Guide: Filing the T4 slip and summary T5 Facilities and equipment T5.1 Overview T5.2 Planning T5.3 Selecting equipment T5.4 Telephone and communications T5.5 Facility leases T5A Checklists and forms T5A.1 Planning office facility needs T5A.2 Selecting office equipment T5A.3 Telecommunications T5A.4 Negotiating facility leases DVTC-8