{"product_id":"performance-based-reporting-isbn-9780471735434","title":"Performance-Based Reporting","description":"The successfully proven alternative system for relevant business reporting through performance management  \u003cp\u003e\u003ci\u003ePerformance-Based Reporting\u003c\/i\u003e shows businesses how traditional accounting fails to provide meaningful measures for performance and presents radically innovative and thoroughly tested methods for performance-oriented management, assessment, and reporting. Twenty-five years in the making, this helpful book also presents The Baseline Approach to management, assessment, and reporting-composed of eighty-percent accounting-free methods.\u003c\/p\u003e \u003cp\u003e\u003ci\u003ePerformance-Based Reporting\u003c\/i\u003e presents the culmination of intense experiments involving more than 1,500 businesses and over 4,000 executives. It definitively proves the need for new tools for realistic business planning and management in an unpredictable world. These tools already exist, and this helpful guide walks readers through the process of implementing them to help firms improve their ability to predict the direction they should take in the future.\u003c\/p\u003e  Preface.  \u003cp\u003e\u003cb\u003ePART I: NEW REPORTING NEEDS FOR A NEW TIME.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Accounting—Crisis or Crime?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Accounting Tradition.\u003c\/p\u003e \u003cp\u003eThe Ethics of Accounting—Illegal, Immoral, or Indifferent?\u003c\/p\u003e \u003cp\u003eA Case for Change.\u003c\/p\u003e \u003cp\u003eThe Value Mess.\u003c\/p\u003e \u003cp\u003eDistorted Metrics.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: When Accounting Meets a New Reality.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe World in the Twenty-First Century.\u003c\/p\u003e \u003cp\u003eAccounting and Accountability in the Fourth Economy.\u003c\/p\u003e \u003cp\u003eHow to Succeed in “The Age of Discontinuity”.\u003c\/p\u003e \u003cp\u003eHow to Succeed in an Age of Mind-Based Wealth Creation.\u003c\/p\u003e \u003cp\u003eHow to Succeed in an Age of Interdependence.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: The Search for Adequate Reporting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Need for Alternatives.\u003c\/p\u003e \u003cp\u003eEarly Efforts: The “Scorecards” Approach.\u003c\/p\u003e \u003cp\u003eThe Challenge in Practice: Combining a Broad, All-Inclusive Perspective with a Manageable Number of Factors.\u003c\/p\u003e \u003cp\u003eBack to the Crucial Question: What Makes Companies Fail or Prosper in the Twenty-first Century?\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Transparent Reporting Based on Today’s Fundamentals.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReporting to Support Performance, Disclosure, and Strategic Decision Making.\u003c\/p\u003e \u003cp\u003eWhy the Four Fundamentals?\u003c\/p\u003e \u003cp\u003eSumming Up the Baseline Reporting Model.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II: IT CAN BE DONE!\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Business Planning in an Unpredictable World.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBusiness Planning and Enterprise Risk Assessment.\u003c\/p\u003e \u003cp\u003eA Change of Perspective: Planning for an Unknowable Future.\u003c\/p\u003e \u003cp\u003e“Money to Green”: Investing in Freedom to Act.\u003c\/p\u003e \u003cp\u003eExecutive Weekend.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: “Where Was the Board?”\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Five-Step Boardwalk.\u003c\/p\u003e \u003cp\u003eThe Baseline Approach™ to Corporate Governance.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Due Diligence or Undue Negligence?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Fine Line Between Success and Failure in Mergers and Acquisitions.\u003c\/p\u003e \u003cp\u003eWanted: A New Kind of Due Diligence.\u003c\/p\u003e \u003cp\u003eWhy Mergers Fail.\u003c\/p\u003e \u003cp\u003eHow Does the Baseline Approach to Due Diligence Work?\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Fair and Meaningful Disclosure.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReporting and Communicating for Accountability, Reputation, and Relevance.\u003c\/p\u003e \u003cp\u003eTransparency, Disclosure, and Relevance.\u003c\/p\u003e \u003cp\u003eA Matter of Restoring Confidence.\u003c\/p\u003e \u003cp\u003eThe Baseline Approach to Fair Disclosure and Meaningful Corporate Reporting.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Auditing and Risk Management in a New Situation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRisk Analysis and Management in Unpredictable Times.\u003c\/p\u003e \u003cp\u003eHow Serious is the Auditing Crisis?\u003c\/p\u003e \u003cp\u003eThe Baseline Approach to Auditing and Risk Management.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: “What Are We Lending Against?”\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancing, Lending, and Investment Decisions in the Fourth Economy.\u003c\/p\u003e \u003cp\u003eAccountability in Lending and Financing.\u003c\/p\u003e \u003cp\u003eThe Baseline Approach to Lending and Financing Decisions.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e  “…provides a useful framework for rediscovering the true value drivers of your business…” (\u003ci\u003eFinancial Systems News Website,\u003c\/i\u003e March 2007)  \u003cb\u003eHans V. A. Johnsson\u003c\/b\u003e is President of Sound Communications, a partner in RealBiz International AB, and Senior Advisor at Kreab, a leading consulting firm in Europe. His background includes leading positions in international banking and engineering industries, with the last twenty years spent mostly in the United States. He served three years on the board of the Advertising Research Foundation in New York and three years as president of the Connecticut Chapter of the BMA.  \u003cp\u003e\u003cb\u003ePer Erik Kihlstedt\u003c\/b\u003e is the founder of RealBiz International AB, a company that provides virtually accounting-free methods and tools for strategic business analyses. RealBiz's portfolio of clients includes major companies in the automotive, power equipment, industrial tool, insurance, international business development, railroad, telecom, and retail industries, as well as hundreds of small and medium-sized companies.\u003c\/p\u003e  Performance-Based Reporting presents radically different and thoroughly tested methods for performance-oriented management, assessment, and reporting. Twenty-five years in the making, this helpful book presents the culmination of intense experiments—involving more than 1,500 businesses and over 4,000 executives—to develop practical uses of business-based alternatives to accounting methods.  \u003cp\u003ePerformance-Based Reporting shows businesses how traditional accounting fails to provide meaningful measures for performance. It definitively proves the need for new tools for realistic business planning and management in an unpredictable world. These tools already exist, and this helpful guide walks readers through putting them into use immediately with The Baseline Approach to management, assessment, and reporting, composed of eighty-percent accounting-free methods.\u003c\/p\u003e \u003cp\u003eThe Baseline Approach gives companies the ultimate competitive advantage—the maximum freedom to act—by addressing the fundamental forces and factors that play decisive roles in creating strengths and weaknesses in any company. Any limitations to the freedom to act, inside the company structure or the company's environment, limit its chances of success, in terms of survival, growth, and earnings.\u003c\/p\u003e \u003cp\u003ePacked with real-life examples and case studies, as well as comparisons of the traditional approach and The Baseline Approach, six management situations are covered in Part II:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eBusiness planning\u003c\/li\u003e \u003cli\u003eCorporate governance\u003c\/li\u003e \u003cli\u003eDue diligence\u003c\/li\u003e \u003cli\u003eFair and meaningful disclosure\u003c\/li\u003e \u003cli\u003eAuditing and risk management\u003c\/li\u003e \u003cli\u003eBank lending, investment, and financing\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eTying in EVA, Balanced Scorecard, and other methodologies to business reporting, Performance-Based Reporting helps controllers, finance managers, CFOs, compliance officers, and project managers in charge of Sarbanes-Oxley compliance implement effective risk management and develop an improved ability to predict the direction their business should take in the future.\u003c\/p\u003e  \"This is an impressive step in the development of company reporting. The proposed reporting system, based on business definition, business position, business reputation, and advanced cash flow, is actually a revelation. It shows a new way to expand today's business reporting systems, matching development trends in society. I see it as a welcome and even necessary step to bring company reporting in line with today's requirements.\"\u003cbr\u003e —Pierre Berhin, international fund manager  \u003cp\u003e\"I just read Chapter Four . . . extremely interesting and very much in tune with the needs of companies today. Especially the parts about baseline reporting, business definition, and client relationships. It is amazing how many important international companies that I have done consulting for have such internal disasters going on and apply very little of the concepts that you speak of. I believe your book will be received very well and hopefully be placed on required reading lists for business students around the world.\"\u003cbr\u003e —Christian G. Foucher, international business consultant performance management specialist\u003c\/p\u003e \u003cp\u003e\"A true enterprise risk management process. Not only should this book have an impact on how society and commerce look upon how we create, preserve, lose, or destroy value and how we account for our business activities, but also on the way we perceive and react to risks and opportunities. Through their teachings and business practices, the authors have significantly changed my own perception of the vast variety of factors and circumstances (risks) that may threaten the health and well-being of organizations.\"\u003cbr\u003e —Per E. Aakenes, Chairman The Swedish Risk Management Association\u003c\/p\u003e \u003cp\u003e\"Accounting specialists know that traditional accounting concepts are no longer adequate to describe today's companies, but for the most part they, and corporate managements themselves, have nothing to replace the current system. Now, along come Hans V. A. Johnsson and Per Erik Kihlstedt with Performance-Based Reporting, a clear and convincing description of why the old system can't work and what system can.\"\u003cbr\u003e —Peter J. Wallison, Resident Fellow American Enterprise Institute\u003c\/p\u003e \u003cp\u003eThe successfully proven alternative system for relevant business reporting through performance management\u003c\/p\u003e \u003cp\u003ePerformance-Based Reporting shows businesses how traditional accounting fails to provide meaningful measures for performance and presents radically innovative and thoroughly tested methods for performance-oriented management, assessment, and reporting. Twenty-five years in the making, this helpful book also presents The Baseline Approach to management, assessment, and reporting—composed of eighty-percent accounting-free methods.\u003c\/p\u003e \u003cp\u003ePerformance-Based Reporting presents the culmination of intense experiments involving more than 1,500 businesses and over 4,000 executives. It definitively proves the need for new tools for realistic business planning and management in an unpredictable world. These tools already exist, and this helpful guide walks readers through the process of implementing them to help firms improve their ability to predict the direction they should take in the future.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989764456677,"sku":"NP9780471735434","price":110.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471735434.jpg?v=1761785389","url":"https:\/\/k12savings.com\/es\/products\/performance-based-reporting-isbn-9780471735434","provider":"K12savings","version":"1.0","type":"link"}