How to control corporate air travel costs

Article Abstract:

Corporations are wasting billions of dollars every year on business air travel, and unless companies take steps to control rising air travel costs the problem will only get worse. The general areas where companies can take steps to cut air travel cost are making certain that all travel is necessary, and making sure that trips do not cost any more than they should. The steps that companies can take include requiring employees to use the lowest possible air fares available and enforcing this requirement with exception reports, with reports of traveler infractions sent to supervisors; establishing an in-house travel agency and requiring employees to use it; and instructing employees to plan travel in advance whenever possible.

Analysis, Travel industry, Business travel, Air travel

---

How the changing dollar affects financial performance

Article Abstract:

The changes in the value of the dollar from 1980 to 1990 have drastically affected US firms with considerable foreign revenues and investments. Several industries have benefited from the lower value of the dollar, in terms of both real economic effects and reporting effects. The 1987 annual reports of 64 companies revealed an improvement in the financial condition of most firms in the computer, electronics, electrical equipment, and aerospace industries. Firms that have increased their market shares through investments in areas such as research and equipment should be able to remain competitive in the stronger dollar environment, which emerged in 1988.

Dollar (United States)

---

Will merchandisers face new rules for balance sheets?

Article Abstract:

The widespread use of consumer credit has not only affected the purchasing behavior of US consumers, but has also led to innovations such as captive finance subsidiaries and off-balance sheet financing. An accounting guideline proposed by the Financial Accounting Standards Board calls for companies to consolidate captive financial subsidiaries into parent company accounts. This proposal could have a far-reaching effect on the financial operations of merchandisers.

Management, Economic policy, Financial Accounting Standards Board, Merchandising, Accounts receivable

Similar abstracts:

• Abstracts: How will tax reform affect treasury? Will cash managers survive in the electronic age?
• Abstracts: How to facilitate correspondence with IRS and to reduce notices sent to clients. Automobile and other leasing arrangements remain attractive despite loss of some benefits
• Abstracts: Taking control of stock control. When costs rise but output doesn't
• Abstracts: A review of empirical studies of aggregate marketing costs and productivity in the United States. part 2 The railroad and movie industries: were they myopic?
• Abstracts: Reflections on a contingent view of accounting. Habermas, law and accounting. Accounting in the shadow of Stalinism

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.