Page 27 - Accounting Best Practices

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SUMMARY How to Use Best Practices
This chapter has given an overview of the situations in which best practices
implementations are most likely to succeed, what factors are most important to
the success or failure of an implementation, and how to successfully create and
follow through on an implementation project. By following the recommendations
made in this chapter, not only those regarding how to implement, but also those
regarding what not to do, a manager will have a much higher chance of success.
With this information in hand, one can now confidently peruse the remaining
chapters, which are full of best practices. The reader will be able to select those
practices having the best chance of a successful implementation, based on the
specific circumstances pertaining to each manager, such as the funding, time
available, and any obstacles, such as entrenched employees or a corporate intran-
sigence pertaining to new projects.