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One day closings

Authors :
Breu, Anthony C.
Source :
Management Accounting (USA). March, 1987, Vol. 68 Issue 9, p66, 2 p.
Publication Year :
1987

Abstract

Turner Construction Company operates 20 offices throughout the United States. Prior to January 1985, the company's accounting was centralized, but its management was decentralized, which led to a great deal of duplication of financial records, and slowed down the consolidation and closing of Turner's financial records related to daily transactions. The company solved this problem by implementing a information system in which each office bypassed the company's mainframe and ran a trial balance on the office microcomputer. An accounting and communications program designed by IMRS, a Connecticut software firm, was implemented for the reporting and consolidation of financial data.

Details

ISSN :
00251690
Volume :
68
Issue :
9
Database :
Gale General OneFile
Journal :
Management Accounting (USA)
Publication Type :
Periodical
Accession number :
edsgcl.4704243