Accounting and Finance Policies and Procedures

<p>How to Use this Manual xiii</p>
<p>Preface xvii</p>
<p>Before Getting Started xix</p>
<p>Getting Started with the Program xxiii</p>
<p>Developing the Table of Contents xxvii</p>
<p>Self Assessment xxxi</p>
<p>Program 1</p>
<p>A01 Program Mandate 3</p>
<p>A02 Overview Getting Started: Presentation 9</p>
<p>A03a Create, Revise, Issue Policies and Procedures 21</p>
<p>A03b Template Name of Document 26</p>
<p>A04 Request to Deviate from Policies and Procedures 28</p>
<p>A05 Rescind Policies and Procedures 32</p>
<p>Policies and Procedures 35</p>
<p>B01 Account Reconciliation 37</p>
<p>B02 Accounting for Compensated Absences 41</p>
<p>B03 Accounting for Goodwill, Patents, Trademarks, and Other Intangible Assets 44</p>
<p>B04 Accounting for Mergers and Acquisitions 47</p>
<p>B05 Accounting for Post–Employment Benefits 50</p>
<p>B06 Accounting for Restructuring and Reorganization 53</p>
<p>B07 Accounting for Sales Compensation: Expense, Accrual, Reconciliation 57</p>
<p>B08 Accounts Payable: Request for Payment to Third Party Vendors 62</p>
<p>B09 Accounts Receivable: Allowance for Doubtful Accounts 68</p>
<p>B10 Accounts Receivable: Third–Party Trade and Customer Credit, Collection, and Cash Applications 72</p>
<p>B11 Accruals 81</p>
<p>B12 Accounting and Audit–Related Complaints 86</p>
<p>B13 Authorization: Delegation, SubDelegation of Authority 90</p>
<p>B14 Bank Reconciliation 100</p>
<p>B15 Business Combinations, Consolidation and Foreign Entity Reporting 103</p>
<p>B16 Business Licenses 106</p>
<p>B17 Cash and Banking 109</p>
<p>B18 Communication with Financial Community 116</p>
<p>B19 Escheat, Abandoned Property, Unclaimed Checks: U.S., Canada, and Where Local Regulations Require 119</p>
<p>B20 Finance Code of Ethical Conduct 123</p>
<p>B21 Key Financial Indicators 126</p>
<p>B22 Financial Planning and Analysis 131</p>
<p>B23 Property, Plant and Equipment: Fixed Assets, Long–Lived Assets, Tangible Assets 134</p>
<p>B24 Foreign Currency Risk Management 153</p>
<p>B25 Funding and Financing Risk Management 156</p>
<p>B26 Hiring and Use of External Auditors 158</p>
<p>B27 Income Tax Preparation and Reporting 164</p>
<p>B28 Insurance and Risk Management 169</p>
<p>B29 Intercompany Transactions 174</p>
<p>B30 Inventory 180</p>
<p>B31 Investment and Marketable Securities 186</p>
<p>B32 Journal Entries: Routine, Non–Routine, and Estimates 189</p>
<p>B33 Capital, Operating Leases, and Real Estate Rental Property 195</p>
<p>B34 Letter of Representation, Quarterly Financial Sub Certification Process 202</p>
<p>B35 Payroll and Salary Expense 208</p>
<p>B36 Petty Cash 212</p>
<p>B37 Physical Counts and Evaluation for Inventory, Property, Plant and Equipment 216</p>
<p>B38 Prepaid Assets/Expenses 219</p>
<p>B39 Revenue Recognition 222</p>
<p>B40 Source and Use of Exchange Rates 228</p>
<p>B41a Travel, Entertainment, and Expense 231</p>
<p>B41b Travel, Entertainment, and Expense Manual 235</p>
<p>Bonus Policies and Procedures 251</p>
<p>C01 External Communications and Public Relations 253</p>
<p>C02 Material Nonpublic Information and Insider Trading 261</p>
<p>C03 Procurement 265</p>
<p>C04 Records Information Management 270</p>
<p>Index 287</p>