Audit Checklists Appendix

1Contributed 6/5/99 by Pat Cordon email: pck710@email.msn.comBusiness Efficiency Methods:• Planning: • • Review Operating Statements• And Identify Areas That Offer Best Cost Reduction Potential• Flow Chart All Major Areas• Group Related Functions Under The Same Supervision• Shorten The Chain Of Command• Define Responsibilities And Authority; Eliminate Overlaps• Decentralize And Or Centralize Operations As Appropriate• Develop A Profit Planning Program For Employees• Measure Benefits Before Spending• Make Employees Plan Major Jobs In Advance Of Implementation• Defer All New Actions Until The True Needs Are Determined• Reduce All Committees And The Length Of Each Meeting• Have An Annual Cost Reduction Suggestion Program• Analyses Of Departments And Activities : • • Is All Departments Necessary? Should Any Be Added?• Are All Officers And Jobs Necessary?• Is The Company Magazine Necessary?• Is Company Sponsored Organizations Necessary?• Establish A Word Processing Center• Reduce Central Filing• Centralize Office Services• Evaluate All Major Cost Programs• Review The Need For Institutional Type Advertising• Eliminate Duplicate Records. Put A Price Tag On Each ReportIssued. The Information Will Be Surprising• Review All Scrap; Determine If Any Scrap Value Can Be RealizedResultsResults2• Personnel: • • Set A Good Example For Your Staff• Promote From Within To Improve Morale• Institute A Hiring Freeze For Short Periods• Review Manpower ...