Caution: Fraud Overhead - The transition from a family-owned, micro company to a mid-sized company can be perilous as illustrated by this case of a controller who buried thefts of thousands of dollars in an overhead account. The moral: Owners-CEOs must ensure that internal controls are sufficient to detect theft when a company's growth exceeds the founder's original "walk-around" span of control.
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|Authors:||MacArthur, John B. ; Waldrup, Bobby E. ; Fane, Gary R.|
Strategic finance : leadership strategies in accountants and financial professionals. - Montvale, NJ : Institute of Management Accountants, ISSN 0025-1690, ZDB-ID 14706659. - Vol. 86.2004, 4, p. 28-32
ACTIVITY-BASED COSTING - Does Your Costing System Need a Tune-up? The effort used to maintain a relevant, effective ABC system should match the effort that went into creating and implementing it. The authors examine how a municipal utility company managed to revive its ABC system with help from an unexpected source. They provide details on how you can diagnose the problems with the ABC initiative ...
Waldrup, Bobby E., (2009)
Fane, Gary R., (1974)
Fane, Gary R., (2003)
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