A business plan is an essential tool in starting and managing a new or expanding venture. It is not only a comprehensive gathering of ideas and information on the potential business and its feasibility, but it is also a way of monitoring that business, once established. Business plans are important...
Internal controls have often been thought of as specific activities that are performed to ensure accounting transactions have been recorded properly and to ensure security over assets. This definition was supplemented in a previous monograph on internal controls, "Accounting Controls for a Forest Products Firm," published in January 1981 ....
This monograph provides an introduction to the accounting and tax concepts of the forest products industry. It is intended for those unfamiliar with the industry who seek only a general orientation or desire an overview before delving into the detail of specific areas. Users would include bankers, investors, accountants, attorneys,...
During the last five years, interest in productivity-based group incentive plans for mill operations in the forest products industry has increased. In a 1983 monograph in this series titled "Company /Employee Gainsharing Programs," Michael B. McKay anticipated this trend. In that monograph, he defined "gainsharing" as a "group incentive plan."...
Corporate social responsibility (CSR) can be defined as companies acting in accordance with societal demands. In recent years, CSR has gradually become a leading issue in business. Heightened corporate attention to CSR has not been entirely voluntary. Many companies awoke to it only after being surprised by public response to...