Join us on a literary world trip!
Add this book to bookshelf
Write a new comment Default profile 50px
Subscribe to read the full book or read the first pages for free!
All characters reduced
Guide to Management Accounting CCC for managers-Cash Conversion Cycle_2020 Edition - cover

Guide to Management Accounting CCC for managers-Cash Conversion Cycle_2020 Edition

Shigeaki Takai

Publisher: none

  • 0
  • 0
  • 0


Cash is King
After the unprecedented financial crisis Lehman shock on September 15, 2008 and the Great East Japan Earthquake on March 11, 2011, WHO has announced the new coronavirus was equivalent to a pandemic (a global epidemic) on March 11, 2020.
The era of VUCA (since the 2010s)
VUCA is an acronym made from Volatility, Uncertainty, Complexity, Ambiguity, and represents the modern chaotic economic environment. In other words, it means "unpredictable state". In addition, global warming and environmental issues are the most important and urgent issues for ESG and SDSs.
Under these circumstances, what is most needed is the ability to respond to change by making use of the wisdom from past failed experiences and successful experiences.
In order to build a corporate structure that can respond to changes, it is necessary to manage the points of change with a narrower pitch than target management.
To that end, it is an urgent task to align common operation cycles on a weekly basis, chain conventional management indicators (financial indicators and non-financial indicators), and carry out cockpit management with the idea of ​​a balanced scorecard.
This book explains CCC by comparing it with Japan, the US, and Europe using the latest 3 yeras (12 quarters) financial results figures (end of March 2020) that can be grasped at the time of publication. This is a must-have book for business owners as a guide to improving asset efficiency.
Chapter 1 
Now, why cash management is paying attention? 
(1) Profit is an opinion, Cash is a fact
(2) Increasing surplus bankruptcy
(3) Increasing Accounting Fraud
Chapter 2 
Management Accounting and Financial Accounting
Chapter 3 
CCC positioning and comparison between Japan and the United States
(1) Key financial indicators
(2) Positioning of CCC
(3) CCC comparison between Japan and US
(4) Sporting goods industry in US, Europe and Japan
(5) Six major chemical companies in Japan
(6) Electronic components Industry in Japan
(7) Pharmaceutical Industry in Japan
(8) International comparison by industry
Chapter 4
Relationship between PSI management and CCC
(1) The basic knowledge of PSI
(2) What is PSI management?
(3) Correlation between PSI and CCC (cashing speed)
(4) Notes on PSI management
Chapter 5 
Measures to Improve CCC
(1) The case of Nidec Motor
(2) The case of Shionogi
(3) The case of HP, Inventory driven costs (IDC)
(4) Japanese companies pursuing Inventory freshness / time-axis management
(5) Japanese companies pursuing weekly operation
(6) Lehman shock (2008) through 2012 (after 311 Earthquake and Thai Flood)
Chapter 6 
Management Methods, Promotion Structure and Required Systems and its usage
(1) Cash cycle and lead time
(2) Stock out rate
(3) Channel inventory turns
(4) Inventory responsibility, Inventory Dollar Control and Unit Control
(5) Inventory Diagnosis Clinic
(6) Blind spots of accounts receivable management
(7) Effective management methods
(8) Effective system and its usage
Chapter 7 
Key issues in Japanese commercial practices and accounting system
(1) Month-end closing and next month-end payment   
(2) Monthly accounting system

Other books that might interest you

  • Succeed Without Selling - The More You Think About Selling the Less You Will Sell - cover

    Succeed Without Selling - The...

    Diane Helbig

    • 1
    • 1
    • 0
    A twenty-first–century sales philosophy that “gets straight to the point about what works, and what doesn’t work in today’s marketplace” (Kevin Kruse, New York Times-bestselling author of 15 SecretsSuccessful People Know About Time Management, Founder and CEO of LeadX). 
    Being successful at sales has nothing to do with “selling.” The best salespeople are the ones who are always curious—not always closing. Succeed Without Selling contains everything a small business owner or sales professional needs to know about what it takes to be successful. From prospecting to discovery to referrals and strategic alliances, it’s all covered. There are even chapters for sales managers, direct sellers, and service providers. 
    Succeed Without Selling also includes resources like sample scripts and proposal templates. Anyone who wants to grow their business will find actionable, easy-to-follow information to help them embrace the value of being more interested in others than in making the sale. Succeed Without Selling changes the way readers look at the sales process forever—and stops them from engaging in behaviors that just don’t work.
    Show book
  • High Response Sales Letter - cover

    High Response Sales Letter

    Leonardo Felício

    • 0
    • 1
    • 0
    Let’s face it, if you can’t write a sales letter, you can’t sell your products. It’s a fact.That’s why we’re here to walk you through our proven template piece by piece, step by step so that you can emulate it to your hearts content.Where do you start in a sales letter? How do you create an attractive headline? How do you connect to your viewers in such a way that they can’t take their eyes of your site until they’re purchased your product?We’re about to answer all those questions and more. The great thing about this is you don’t need to go on any extensive copywriting courses, you don’t need to spend years practicing, and there’s absolutely no need for you to be an expert or experienced writer in any way. As long as you can write in English, this template works every time.
    Show book
  • SEO Mastery - Learn Advanced Search Engine Optimization Marketing Secrets For Optimal Growth! Best Beginners Guide About SEO For Keeping your Business Ahead in The Modern Age! - cover

    SEO Mastery - Learn Advanced...

    Graham Fisher

    • 0
    • 1
    • 0
    Do you want to learn secret strategies and the most up to date SEO strategies for getting your business or website to the top of Google? If so then keep reading…
    Do you have problems optimizing your website for higher rankings? Learning up-to-date link building tactics? Not knowing the inner workings of Google’s ever-changing algorithm? Or being unable to use social media or web analytics for multiplying your results? If you do, within this book many of the top leaders in the field have shared their knowledge on how to overcome these problems and more, most of which have 10+ years worth of experience.
    In SEO Mastery, you will discover:
    	A simple trick you can do for getting local businesses ranking higher with SEO!
    	The best way for being able to find “Money” keywords that will send more customers to your site!
    	The one secret white hat link building method for doubling your monthly users to your site!
    	Why using pay-per-click advertising is the most cost-efficient way to get the biggest bang for your buck!
    	Understanding why some people will fail to make SEO work!
    	And much, much more.
    The proven methods and pieces of knowledge are so easy to follow. Even if you’ve never heard of SEO before, you will still be able to get to a high level of success.
    So, if you don’t just want to transform your business's life, then click “Buy Now" in the top right corner NOW!
    Show book