About the Book

Friggin' Bean Counters
Navigating the BS infested cubicles of the Accounting department
Karla Sasser

Karla Sasser

This book is available for download with Amazon.com, Barnes and Nobles, iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.

Information technology and accounting have developed interdependently. From ancient Mesopotamia to the global economy, business growth has depended on accurate information gathered and reported in a timely fashion. So why do so many accounting IT projects fall victim to misunderstanding, miscommunication and sibling rivalry?

This is the essential guide for IT and project management professionals who struggle to give auditors and accounting departments what they want. Learn how to talk the talk, walk the walk and make the friggin’ bean counters happy while completing your project on time and on budget.

IT and project management professionals will learn: 

  • How to increase project success rates by ensuring that newly developed applications can be properly controlled and reported on.
  • How to give IT professionals and project managers the fundamental knowledge to participate in designing effective internal controls.
  • How to give IT professionals and project managers the tools to challenge statements like, “we can’t do that, because Sarbannes-Oxley (SOX) does not allow it.”
  • How to reduce the risk of financial statement fraud by building a solid partnership between the IT and Accounting departments.
  • How IT and Accounting can NOW work together to avoid any more outrageous government regulations, like Sarbannes-Oxley (SOX).

The key benefits are:

  • How and why, any IT project (both hardware and software), no matter how small, will have a direct impact on both the accounting department and the financial statements, beyond the costs of the project.
  • The difference between accounting and finance, the different roles and job titles within those departments.
  • The evolution of the regulatory environment and accounting standards and how it impacts both accounting and IT.
  • Internal controls, why application/system controls are the best controls to have and why accounting controls are not effective;
  • Despite all the rules in place, financial statement fraud still occurs and what should be considered by IT to help mitigate the risks.
  • The difference between internal and external audits and auditors.
  • Involving accounting and internal audit early in project planning, will create a greater chance of project success and reduced potential for re-works.
  • While emerging trends are interesting and keep us all very busy, they do not change the basic fundamentals of double‐entry bookkeeping or the rules and regulations that financial statement preparation and accounting practices must follow.