Product Description

Learn the Secret to Success Using Pareto′s 80/20 Rule for Corporate Accountants

"If you really want to change from being an overburdened data processor, into an effective value–adding financial analyst, you must read this book. Pareto′s 80/20 Rule for Corporate Accountants shows you how to focus on the vital few activities that genuinely create and add value."
—Harry Mills, author of The Rainmaker′s Toolkit and The Streetsmart Negotiator

"Most finance managers know that 80 percent of value creation comes from 20 percent of products, orders, customers, measures, reports and so on. In this timely book, David Parmenter helps you to find the ′magic 20 percent′ and transform not only your work (and career prospects!) but also the performance of the whole organization."
—Jeremy Hope, cofounder and Director of the Beyond Budgeting Round Table, and author of Reinventing the CFO

"Using these innovative ideas and practical tools will provide the busy accountant with a great opportunity to add value to the business by the provision of more relevant and timely information."
—Ken Lever, Chief Financial Officer, Tomkins plc

"You don′t always need a grand plan or expensive new financial systems before you can significantly improve the performance of your finance function. Pareto′s 80/20 Rule for Corporate Accountants is a box of practical tools and techniques that will achieve quick payback by helping you remove bottlenecks and boost quality. Just open the box and pick the ones that suit you best."
—Ian Niven, Director, Business Symmetrics Ltd

"CFOs should make sure their direct reports have a copy of this book."
—Wayne Morgan, CFO, management consultant, and troubleshooter

Product Details

• Amazon Sales Rank: #454842 in Books
• Published on: 2007-05-18
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 272 pages

Review
"This book has a number of attractions for the hard-pressed accountant in business".
--Finance & Management Faculty, June 2008

Review
“This book has a number of attractions for the hard–pressed accountant in business”. Finance & Management Faculty June 2008

From the Inside Flap

Pareto′s 80/20 Rule for Corporate Accountants

Now corporate accountants can learn how to leverage Pareto′s 80/20 principle—the renowned rule that states 80 percent of all our results stem from a mere 20 percent of our efforts—and become more effective within their organizations with less effort.

Pareto′s 80/20 Rule for Corporate Accountants equips controllers, CFOs, management and financial accountants to radically transform their contribution to their organizations, maximize their job satisfaction and profile, and leave a legacy of efficiency and effectiveness in every organization for which they work.

One of the great secrets of highly effective people, the Pareto 80/20 Rule shows how accountants can achieve much more with much less effort, time, and resources, simply by identifying and focusing their efforts on the 20 percent that really counts. This proactive guide, a first of its kind, has an abundance of tools to ensure that your implementation of better practices stays on track, including:

• Over twenty reporting templates for daily, weekly, and monthly reporting

• Checklists, workshop agendas, useful memos, and timeframes

• How to process re–engineer using "post–it" stickers

• Ways to tackle the bottlenecks to expedite month–end reporting and quarterly rolling planning

• How to sell change to management

Organized into two parts, Part 1 of Pareto′s 80/20 Rule for Corporate Accountants focuses on the areas where the finance team can score the easy goals, including month–end reporting, monthly reports, board reporting, annual planning, and managing debtors and clients. Part 2 discusses more wide ranging changes such as cost apportionment, best practices for using key performance indicators (KPIs), investing in accounting systems, and quarterly rolling planning.

Why spend months on an annual planning process you know is flawed? Why spend precious time on an annual report working on final numbers that were available the first week of the new year? Make the most of your efforts—discover the hidden potential of the 80/20 Rule and revolutionize both your effectiveness as a corporate accountant—and your career.