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THE CEO WANTED A CONTROLLER TO BE MORE THAN JUST AN ACCOUNTANT. WOULD SHE BE ABLE TO MEET THOSE EXPECTATIONS? After three years on the job, Marcella was comfortable and confident in her role as controller of PlumbCo, a $20 million manufacturer and distributor of plumbing products. That all changed, however, when a new CEO arrived and she found that his view of a financial executive's role was dramatically different than that of her previous boss. He expected her to not only be a highly effective accountant, but also a dynamic, value-adding member of PlumbCo's management team. Could she move beyond the "controller" stereotype and become a true management accountant, not just a "bean counter?" Her financial accounting background had not prepared her for such a role, but a chance meeting with an elderly, one-armed mentor, known simply as "the Major," helped her escape conventional thinking and embark on an adventure that took her into all aspects of PlumbCo's business. What obstacles will she face? What solutions will she develop? Will she see above and beyond an accountant's conventional thinking, rise to the occasion, and meet the CEO's expectations? And what will it take for her to make this transformation?
The examiner-reviewed P1 Practice and Revision Kit provides invaluable guidance on how to approach the exam and contains past ACCA exam questions for you to try. You will learn what to expect on the test, how to analyse questions and also be able to attempt additional questions prepared by BPP Learning Media that reflect the scenarios and technical questions you will find on the exam.
SGN. The book UPPCL- Assistant Accountant is extremely useful for the exam.
Profitable production planning is and will remain an eternal challenge to ensuring the prosperity and dignity of companies in a global market. Even though there are different approaches to achieving the target profitability through productivity in the production planning stage, these approaches do not guarantee consistent planning, creation, and sustenance of synchronous profitable operations for multiannual and annual target profit. In feedback to this predicament, Alin Posteucă develops a new system called speed-based target profit (SBTP). SBTP is the profitable production management and manufacturing improvement system that approaches production planning to achieve unit speed of target profit for target products through manufacturing cost improvement and bottleneck profitability control for maximum takt time. Managers and practitioners within manufacturing companies will discover a practical approach for cost down and cash up by applying a powerful operational profitable production planning formula to meet profitability expectations through productivity based on strong leadership with the help of a specific system for feedforward, concurrent, and feedback control. Therefore, the SBTP system in this book presents a holistic approach to profitability for target products and the development of its own mechanism since the acceptance of each order from customers to achieve continuous synchronization of all manufacturing processes to market requirements, profitability management, and profitable production planning. The uniqueness of the book is reinforced by a detailed presentation of the successful application of the SBTP system in two case studies, as a way of life and a unit speed of target profit improvement ethos at all hierarchical levels, in two multinational manufacturing companies operating in highly competitive markets in order to address the synchronous profitable operations for both the sales increase scenario and the sales decrease scenario. By adopting the SBTP system, your company will be able to consistently achieve unit speed of target profit in the bottleneck process for fulfilling annual and multiannual target profit as a unique and effective way through a new profitable production planning paradigm that operates according to its own production system.
ACCA Approved and valid for exams from 01 Sept 2017 up to 30 June 2018 - Becker's P5 Advanced Performance Management Study Text has been approved and quality assured by the ACCA's examining team.
Alex Rogo is a harried plant manager working ever more desperately to try and improve performance. His factory is rapidly heading for disaster. So is his marriage. He has ninety days to save his plant - or it will be closed by corporate HQ, with hundreds of job losses. It takes a chance meeting with a colleague from student days - Jonah - to help him break out of conventional ways of thinking to see what needs to be done. Described by Fortune as a 'guru to industry' and by Businessweek as a 'genius', Eliyahu M. Goldratt was an internationally recognized leader in the development of new business management concepts and systems. This 20th anniversary edition includes a series of detailed case study interviews by David Whitford, Editor at Large, Fortune Small Business, which explore how organizations around the world have been transformed by Eli Goldratt's ideas. The story of Alex's fight to save his plant contains a serious message for all managers in industry and explains the ideas which underline the Theory of Constraints (TOC) developed by Eli Goldratt. Written in a fast-paced thriller style, The Goal is the gripping novel which is transforming management thinking throughout the Western world. It is a book to recommend to your friends in industry - even to your bosses - but not to your competitors!
Includes section "Reviews".
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