9.0 - Manage Financial Resources
PCF Category: 9.0
Total Elements: 270
Hierarchy Depth: Up to 3 levels
Overview
This category encompasses all processes related to manage financial resources within an enterprise.
Process Groups (Level 1)
| Hierarchy ID | Process Group | Sub-Elements |
|---|---|---|
| 9.0 | Manage Financial Resources | 0 |
| 9.1 | Perform planning and management accounting | 26 |
| 9.2 | Perform revenue accounting | 35 |
| 9.3 | Perform general accounting and reporting | 35 |
| 9.4 | Manage fixed-asset project accounting | 11 |
| 9.5 | Process payroll | 21 |
| 9.6 | Process accounts payable and expense reimbursements | 25 |
| 9.7 | Manage treasury operations | 61 |
| 9.8 | Manage internal controls | 18 |
| 9.9 | Manage taxes | 12 |
| 9.10 | Manage international funds/consolidation | 4 |
| 9.11 | Perform global trade services | 10 |
Detailed Process Hierarchy
9.0 - Manage Financial Resources
PCF ID: 17058
9.1 - Perform planning and management accounting
PCF ID: 10728
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.1.1 | Perform planning/budgeting/forecasting | 10738 | Y |
| 9.1.2 | Perform cost accounting and control | 10739 | Y |
| 9.1.3 | Perform cost management | 10740 | Y |
| 9.1.4 | Evaluate and manage financial performance | 10741 | Y |
9.1.1 - Perform planning/budgeting/forecasting (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.1.1.1 | Develop and maintain budget policies and procedures | 10771 |
| 9.1.1.2 | Prepare periodic budgets and plans | 10772 |
| 9.1.1.3 | Operationalize and implement plans to achieve budget | 20135 |
| 9.1.1.4 | Prepare periodic financial forecasts | 10773 |
| 9.1.1.5 | Perform variance analysis against forecasts and budgets | 20136 |
9.1.2 - Perform cost accounting and control (6 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.1.2.1 | Perform inventory accounting | 10774 |
| 9.1.2.2 | Perform profit center accounting | 14057 |
| 9.1.2.3 | Perform cost of sales analysis | 10775 |
| 9.1.2.4 | Perform product costing | 10776 |
| 9.1.2.5 | Perform variance analysis | 10777 |
| 9.1.2.6 | Report on profitability | 11175 |
9.1.3 - Perform cost management (4 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.1.3.1 | Determine key cost drivers | 10778 |
| 9.1.3.2 | Measure cost drivers | 10779 |
| 9.1.3.3 | Determine critical activities | 10780 |
| 9.1.3.4 | Manage asset resource deployment and utilization | 10781 |
9.1.4 - Evaluate and manage financial performance (7 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.1.4.1 | Assess customer and product profitability | 10782 |
| 9.1.4.2 | Evaluate new products | 10783 |
| 9.1.4.3 | Perform life cycle costing | 10784 |
| 9.1.4.4 | Optimize customer and product mix | 10785 |
| 9.1.4.5 | Track performance of new-customer and product strategies | 10786 |
| 9.1.4.6 | Prepare activity-based performance measures | 10787 |
| 9.1.4.7 | Manage continuous cost improvement | 10788 |
9.2 - Perform revenue accounting
PCF ID: 10729
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.2.1 | Process customer credit | 10742 | Y |
| 9.2.2 | Invoice customer | 10743 | Y |
| 9.2.3 | Process accounts receivable (AR) | 10744 | Y |
| 9.2.4 | Manage and process collections | 10745 | Y |
| 9.2.5 | Manage and process adjustments/deductions | 10746 | Y |
9.2.1 - Process customer credit (7 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.2.1.1 | Establish credit policies | 10789 |
| 9.2.1.2 | Analyze/Approve new account applications | 10790 |
| 9.2.1.3 | Analyze credit scoring history | 14187 |
| 9.2.1.4 | Forecast credit scoring requirement | 14188 |
| 9.2.1.5 | Review existing accounts | 10791 |
| 9.2.1.6 | Produce credit/collection reports | 10792 |
| 9.2.1.7 | Reinstate or suspend accounts based on credit policies | 10793 |
9.2.2 - Invoice customer (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.2.2.1 | Maintain customer/product master files | 10794 |
| 9.2.2.2 | Generate customer billing data | 10795 |
| 9.2.2.3 | Transmit billing data to customers | 10796 |
| 9.2.2.4 | Post receivable entries | 10797 |
| 9.2.2.5 | Resolve customer billing inquiries | 10798 |
9.2.3 - Process accounts receivable (AR) (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.2.3.1 | Establish AR policies | 10799 |
| 9.2.3.2 | Receive/Deposit customer payments | 10800 |
| 9.2.3.3 | Apply cash remittances | 10801 |
| 9.2.3.4 | Prepare AR reports | 10802 |
| 9.2.3.5 | Post AR activity to the general ledger | 10803 |
9.2.4 - Manage and process collections (7 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.2.4.1 | Establish policies for delinquent accounts | 10804 |
| 9.2.4.2 | Analyze delinquent account balances | 10805 |
| 9.2.4.3 | Correspond/Negotiate with delinquent accounts | 10806 |
| 9.2.4.4 | Discuss account resolution with internal parties | 10807 |
| 9.2.4.5 | Process adjustments/write off balances | 10808 |
| 9.2.4.6 | Perform recovery workout | 14007 |
| 9.2.4.7 | Manage default accounts | 14008 |
9.2.5 - Manage and process adjustments/deductions (6 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.2.5.1 | Establish policies/procedures for adjustments | 10809 |
| 9.2.5.2 | Analyze adjustments | 10810 |
| 9.2.5.3 | Correspond/Negotiate with customer | 10811 |
| 9.2.5.4 | Discuss resolution with internal parties | 10812 |
| 9.2.5.5 | Prepare chargeback invoices | 10813 |
| 9.2.5.6 | Process related entries | 10814 |
9.3 - Perform general accounting and reporting
PCF ID: 10730
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.3.1 | Manage policies and procedures | 10747 | Y |
| 9.3.2 | Perform general accounting | 10748 | Y |
| 9.3.3 | Perform fixed-asset accounting | 10749 | Y |
| 9.3.4 | Perform financial reporting | 10750 | Y |
9.3.1 - Manage policies and procedures (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.3.1.1 | Negotiate service-level agreements | 10815 |
| 9.3.1.2 | Establish accounting policies | 10816 |
| 9.3.1.3 | Publish accounting policies | 20604 |
| 9.3.1.4 | Set and enforce approval limits | 10817 |
| 9.3.1.5 | Establish common financial systems | 10818 |
9.3.2 - Perform general accounting (9 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.3.2.1 | Maintain chart of accounts | 10819 |
| 9.3.2.2 | Process journal entries | 10820 |
| 9.3.2.3 | Process allocations | 10821 |
| 9.3.2.4 | Process period end adjustments | 10822 |
| 9.3.2.5 | Post and reconcile intercompany transactions | 10823 |
| 9.3.2.6 | Reconcile general ledger accounts | 10824 |
| 9.3.2.7 | Perform consolidations and process eliminations | 10825 |
| 9.3.2.8 | Prepare trial balance | 10826 |
| 9.3.2.9 | Prepare and post management adjustments | 10827 |
9.3.3 - Perform fixed-asset accounting (9 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.3.3.1 | Establish fixed-asset policies and procedures | 10828 |
| 9.3.3.2 | Maintain fixed-asset master data files | 10829 |
| 9.3.3.3 | Process and record fixed-asset additions and retires | 10830 |
| 9.3.3.4 | Process and record fixed-asset adjustments, enhancements, revaluations, and transfers | 10831 |
| 9.3.3.5 | Process and record fixed-asset maintenance and repair expenses | 10832 |
| 9.3.3.6 | Calculate and record depreciation expense | 10833 |
| 9.3.3.7 | Reconcile fixed-asset ledger | 10834 |
| 9.3.3.8 | Track fixed-assets including physical inventory | 10835 |
| 9.3.3.9 | Provide fixed-asset data to support tax, statutory, and regulatory reporting | 10836 |
9.3.4 - Perform financial reporting (8 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.3.4.1 | Prepare business unit financial statements | 10837 |
| 9.3.4.2 | Prepare consolidated financial statements | 10838 |
| 9.3.4.3 | Perform business unit reporting/review management reports | 10839 |
| 9.3.4.4 | Perform consolidated reporting/review of cost management reports | 10840 |
| 9.3.4.5 | Prepare statements for board review | 10841 |
| 9.3.4.6 | Produce quarterly/annual filings and shareholder reports | 10842 |
| 9.3.4.7 | Produce regulatory reports | 10843 |
| 9.3.4.8 | Perform legal and management consolidation | 14074 |
9.4 - Manage fixed-asset project accounting
PCF ID: 10731
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.4.1 | Perform capital planning and project approval | 10751 | Y |
| 9.4.2 | Perform capital project accounting | 10752 | Y |
9.4.1 - Perform capital planning and project approval (4 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.4.1.1 | Develop capital investment policies and procedures | 10844 |
| 9.4.1.2 | Develop and approve capital expenditure plans and budgets | 10845 |
| 9.4.1.3 | Review and approve capital projects and fixed-asset acquisitions | 10846 |
| 9.4.1.4 | Conduct financial justification for project approval | 10847 |
9.4.2 - Perform capital project accounting (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.4.2.1 | Create project account codes | 10848 |
| 9.4.2.2 | Record project-related transactions | 10849 |
| 9.4.2.3 | Monitor and track capital projects and budget spending | 10850 |
| 9.4.2.4 | Close/capitalize projects | 10851 |
| 9.4.2.5 | Measure financial returns on completed capital projects | 10852 |
9.5 - Process payroll
PCF ID: 10732
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.5.1 | Report time | 10753 | Y |
| 9.5.2 | Manage pay | 10754 | Y |
| 9.5.3 | Manage and process payroll taxes | 10755 | Y |
9.5.1 - Report time (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.5.1.1 | Establish policies and procedures | 10853 |
| 9.5.1.2 | Collect and record employee time worked | 10854 |
| 9.5.1.3 | Analyze and report paid and unpaid leave | 10855 |
| 9.5.1.4 | Monitor regular, overtime, and other hours | 10856 |
| 9.5.1.5 | Analyze and report employee utilization | 10857 |
9.5.2 - Manage pay (8 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.5.2.1 | Enter employee time worked into payroll system | 10858 |
| 9.5.2.2 | Maintain and administer employee earnings information | 10859 |
| 9.5.2.3 | Maintain and administer applicable deductions | 10860 |
| 9.5.2.4 | Monitor changes in tax status of employees | 10861 |
| 9.5.2.5 | Process and distribute payments | 10862 |
| 9.5.2.6 | Process and distribute manual checks | 10863 |
| 9.5.2.7 | Process period-end adjustments | 10864 |
| 9.5.2.8 | Respond to employee payroll inquiries | 10865 |
9.5.3 - Manage and process payroll taxes (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.5.3.1 | Develop tax plan | 14075 |
| 9.5.3.2 | Manage tax plan | 14076 |
| 9.5.3.3 | Calculate and pay applicable payroll taxes | 10866 |
| 9.5.3.4 | Produce and distribute employee annual tax statements | 10867 |
| 9.5.3.5 | File regulatory payroll tax forms | 10868 |
9.6 - Process accounts payable and expense reimbursements
PCF ID: 10733
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.6.1 | Process accounts payable (AP) | 10756 | Y |
| 9.6.2 | Process expense reimbursements | 10757 | Y |
| 9.6.3 | Manage corporate credit cards | 20929 | N |
9.6.1 - Process accounts payable (AP) (11 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.6.1.1 | Verify AP pay file with purchase order vendor master file | 10869 |
| 9.6.1.2 | Maintain/Manage electronic commerce | 10870 |
| 9.6.1.3 | Audit invoices and key data in AP system | 10871 |
| 9.6.1.4 | Approve payments | 10872 |
| 9.6.1.5 | Process financial accruals and reversals | 10873 |
| 9.6.1.6 | Process payables taxes | 10874 |
| 9.6.1.7 | Research/Resolve payable exceptions | 10875 |
| 9.6.1.8 | Process payments | 10876 |
| 9.6.1.9 | Respond to AP inquiries | 10877 |
| 9.6.1.10 | Retain records | 10878 |
| 9.6.1.11 | Adjust accounting records | 10879 |
9.6.2 - Process expense reimbursements (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.6.2.1 | Establish and communicate expense reimbursement policies and approval limits | 10880 |
| 9.6.2.2 | Capture and report relevant tax data | 10881 |
| 9.6.2.3 | Approve reimbursements and advances | 10882 |
| 9.6.2.4 | Process reimbursements and advances | 10883 |
| 9.6.2.5 | Manage personnel accounts | 10884 |
9.6.3 - Manage corporate credit cards (6 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.6.3.1 | Establish corporate credit card policies and approval limits | 20930 |
| 9.6.3.2 | Process corporate credit card requests | 20931 |
| 9.6.3.3 | Order corporate credit cards | 20932 |
| 9.6.3.4 | Manage corporate credit card accounts | 20933 |
| 9.6.3.5 | Approve/Change credit limits | 20934 |
| 9.6.3.6 | Cancel/Deactivate credit card | 20935 |
9.7 - Manage treasury operations
PCF ID: 10734
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.7.1 | Manage treasury policies and procedures | 10758 | Y |
| 9.7.2 | Manage cash | 10759 | Y |
| 9.7.3 | Manage in-house bank accounts | 10760 | N |
| 9.7.4 | Manage debt and investment | 10761 | N |
| 9.7.5 | Monitor and execute risk and hedging transactions | 11208 | Y |
| 9.7.6 | Manage financial fraud/dispute cases | 16958 | N |
9.7.1 - Manage treasury policies and procedures (8 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.7.1.1 | Establish scope and governance of treasury operations | 10885 |
| 9.7.1.2 | Establish and publish treasury policies | 10886 |
| 9.7.1.3 | Develop treasury procedures | 10887 |
| 9.7.1.4 | Monitor treasury procedures | 10888 |
| 9.7.1.5 | Audit treasury procedures | 10889 |
| 9.7.1.6 | Revise treasury procedures | 10890 |
| 9.7.1.7 | Develop and confirm internal controls for treasury | 10891 |
| 9.7.1.8 | Define system security requirements | 10892 |
9.7.2 - Manage cash (8 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.7.2.1 | Manage and reconcile cash positions | 10893 |
| 9.7.2.2 | Manage cash equivalents | 10894 |
| 9.7.2.3 | Process and oversee electronic fund transfers (EFTs) | 10895 |
| 9.7.2.4 | Develop cash flow forecasts | 10896 |
| 9.7.2.5 | Manage cash flows | 10897 |
| 9.7.2.6 | Produce cash management accounting transactions and reports | 10898 |
| 9.7.2.7 | Manage and oversee banking relationships | 10899 |
| 9.7.2.8 | Analyze, negotiate, resolve, and confirm bank fees | 10900 |
9.7.3 - Manage in-house bank accounts (7 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.7.3.1 | Manage in-house bank accounts for subsidiaries | 10901 |
| 9.7.3.2 | Manage and facilitate inter-company borrowing transactions | 10902 |
| 9.7.3.3 | Manage centralized outgoing payments on behalf of subsidiaries | 10903 |
| 9.7.3.4 | Manage central incoming payments on behalf of subsidiaries | 10904 |
| 9.7.3.5 | Manage internal payments and netting transactions | 10905 |
| 9.7.3.6 | Calculate interest and fees for in-house bank accounts | 10906 |
| 9.7.3.7 | Provide account statements for in-house bank accounts | 10907 |
9.7.4 - Manage debt and investment (8 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.7.4.1 | Establish investment policy | 14079 |
| 9.7.4.2 | Manage financial intermediary relationships | 10908 |
| 9.7.4.3 | Manage liquidity | 10909 |
| 9.7.4.4 | Manage issuer exposure | 10910 |
| 9.7.4.5 | Process and oversee debt and investment transactions | 10911 |
| 9.7.4.6 | Process and oversee foreign currency transactions | 10912 |
| 9.7.4.7 | Produce debt and investment accounting transaction reports | 10913 |
| 9.7.4.8 | Process and oversee interest rate transactions | 14210 |
9.7.5 - Monitor and execute risk and hedging transactions (24 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.7.5.1 | Develop risk management/hedging strategy | 12974 |
| 9.7.5.2 | Manage interest rate risk | 11209 |
| 9.7.5.2.1 | Manage interest rate market data | 19575 |
| 9.7.5.2.2 | Determine interest rate exposure for all markets | 19576 |
| 9.7.5.2.3 | Determine interest rate hedge requirements in accordance with risk policy | 19577 |
| 9.7.5.2.4 | Execute interest rate trades | 19578 |
| 9.7.5.3 | Manage foreign exchange risk | 11210 |
| 9.7.5.3.1 | Manage foreign exchange market data | 19579 |
| 9.7.5.3.2 | Determine foreign exchange exposure for all currencies | 19580 |
| 9.7.5.3.3 | Determine foreign exchange hedge requirements in accordance with risk policy | 19581 |
| 9.7.5.3.4 | Execute foreign exchange trades | 19582 |
| 9.7.5.3.5 | Manage foreign exchange balance sheet risk | 19583 |
| 9.7.5.4 | Manage exposure risk | 11211 |
| 9.7.5.4.1 | Determine current customer exposures and limit exceptions | 19584 |
| 9.7.5.4.2 | Resolve customer exposure limit violations | 19585 |
| 9.7.5.4.3 | Manage customer collateral | 19586 |
| 9.7.5.4.4 | Perform annual customer credit reviews | 19587 |
| 9.7.5.5 | Execute hedging transactions | 20137 |
| 9.7.5.5.1 | Measure physical positions | 19588 |
| 9.7.5.5.2 | Establish hedges | 19589 |
| 9.7.5.5.3 | Unwind hedges | 19590 |
| 9.7.5.5.4 | Evaluate and refine hedging positions | 11213 |
| 9.7.5.5.5 | Monitor credit | 11215 |
| 9.7.5.6 | Produce hedge accounting transactions and reports | 11214 |
9.8 - Manage internal controls
PCF ID: 10735
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.8.1 | Establish internal controls, policies, and procedures | 10762 | Y |
| 9.8.2 | Operate controls and monitor compliance with internal controls policies and procedures | 10763 | Y |
| 9.8.3 | Report on internal controls compliance | 10764 | Y |
9.8.1 - Establish internal controls, policies, and procedures (5 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.8.1.1 | Establish board of directors and audit committee | 10914 |
| 9.8.1.2 | Define and communicate code of ethics | 10915 |
| 9.8.1.3 | Assign roles and responsibility for internal controls | 10916 |
| 9.8.1.4 | Define business process objectives and risks | 11250 |
| 9.8.1.5 | Define entity/unit risk tolerances | 11251 |
9.8.2 - Operate controls and monitor compliance with internal controls policies and procedures (6 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.8.2.1 | Design and implement control activities | 10917 |
| 9.8.2.2 | Monitor control effectiveness | 10918 |
| 9.8.2.3 | Remediate control deficiencies | 10919 |
| 9.8.2.4 | Create compliance function | 10920 |
| 9.8.2.5 | Operate compliance function | 10921 |
| 9.8.2.6 | Implement and maintain controls-related enabling technologies and tools | 10922 |
9.8.3 - Report on internal controls compliance (4 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.8.3.1 | Report to external auditors | 10923 |
| 9.8.3.2 | Report to regulators, share-/debt-holders, securities exchanges, etc. | 10924 |
| 9.8.3.3 | Report to third parties | 10925 |
| 9.8.3.4 | Report to internal management | 10926 |
9.9 - Manage taxes
PCF ID: 10736
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.9.1 | Develop tax strategy and plan | 10765 | N |
| 9.9.2 | Process taxes | 10766 | Y |
9.9.1 - Develop tax strategy and plan (3 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.9.1.1 | Develop foreign, national, state, and local tax strategy | 10927 |
| 9.9.1.2 | Consolidate and optimize total tax plan | 10928 |
| 9.9.1.3 | Maintain tax master data | 10929 |
9.9.2 - Process taxes (7 elements)
| ID | Process | PCF ID |
|---|---|---|
| 9.9.2.1 | Perform tax planning/strategy | 10930 |
| 9.9.2.2 | Prepare tax returns | 10931 |
| 9.9.2.3 | Prepare foreign taxes | 10932 |
| 9.9.2.4 | Calculate deferred taxes | 10933 |
| 9.9.2.5 | Account for taxes | 10934 |
| 9.9.2.6 | Monitor tax compliance | 10935 |
| 9.9.2.7 | Address tax inquiries | 10936 |
9.10 - Manage international funds/consolidation
PCF ID: 10737
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.10.1 | Monitor international rates | 10767 | N |
| 9.10.2 | Manage transactions | 10768 | N |
| 9.10.3 | Monitor currency exposure/hedge currency | 10769 | Y |
| 9.10.4 | Report results | 10770 | N |
9.11 - Perform global trade services
PCF ID: 17059
| ID | Process | PCF ID | Metrics |
|---|---|---|---|
| 9.11.1 | Screen sanctioned party list | 14090 | N |
| 9.11.2 | Control exports and imports | 14091 | N |
| 9.11.3 | Classify products | 14092 | N |
| 9.11.4 | Perform currency conversion | 19593 | N |
| 9.11.5 | Calculate duty | 14093 | N |
| 9.11.6 | Communicate with customs | 14094 | N |
| 9.11.7 | Document trade | 14095 | N |
| 9.11.8 | Process trade preferences | 14096 | N |
| 9.11.9 | Handle restitution | 14097 | N |
| 9.11.10 | Prepare letter of credit | 14098 | N |
Change Summary (v7.2.1 vs v6.1.1)
Changes are indicated by:
+XXXXX- New element added (PCF ID)-XXXXX- Element removedcXXXXX- Element changedNEW- Newly introduced in v7.2.1
Full Process List
Complete 270 elements
| Hierarchy ID | Name | PCF ID | Change |
|---|---|---|---|
| 9.0 | Manage Financial Resources | 17058 | - |
| 9.1 | Perform planning and management accounting | 10728 | - |
| 9.1.1 | Perform planning/budgeting/forecasting | 10738 | +20135, +20136 |
| 9.1.1.1 | Develop and maintain budget policies and procedures | 10771 | - |
| 9.1.1.2 | Prepare periodic budgets and plans | 10772 | - |
| 9.1.1.3 | Operationalize and implement plans to achieve budget | 20135 | NEW |
| 9.1.1.4 | Prepare periodic financial forecasts | 10773 | - |
| 9.1.1.5 | Perform variance analysis against forecasts and budgets | 20136 | NEW |
| 9.1.2 | Perform cost accounting and control | 10739 | +14057 |
| 9.1.2.1 | Perform inventory accounting | 10774 | - |
| 9.1.2.2 | Perform profit center accounting | 14057 | NEW |
| 9.1.2.3 | Perform cost of sales analysis | 10775 | - |
| 9.1.2.4 | Perform product costing | 10776 | - |
| 9.1.2.5 | Perform variance analysis | 10777 | - |
| 9.1.2.6 | Report on profitability | 11175 | - |
| 9.1.3 | Perform cost management | 10740 | - |
| 9.1.3.1 | Determine key cost drivers | 10778 | - |
| 9.1.3.2 | Measure cost drivers | 10779 | - |
| 9.1.3.3 | Determine critical activities | 10780 | - |
| 9.1.3.4 | Manage asset resource deployment and utilization | 10781 | - |
| 9.1.4 | Evaluate and manage financial performance | 10741 | - |
| 9.1.4.1 | Assess customer and product profitability | 10782 | - |
| 9.1.4.2 | Evaluate new products | 10783 | - |
| 9.1.4.3 | Perform life cycle costing | 10784 | - |
| 9.1.4.4 | Optimize customer and product mix | 10785 | - |
| 9.1.4.5 | Track performance of new-customer and product strategies | 10786 | - |
| 9.1.4.6 | Prepare activity-based performance measures | 10787 | - |
| 9.1.4.7 | Manage continuous cost improvement | 10788 | - |
| 9.2 | Perform revenue accounting | 10729 | - |
| 9.2.1 | Process customer credit | 10742 | +14187, +14188 |
| 9.2.1.1 | Establish credit policies | 10789 | - |
| 9.2.1.2 | Analyze/Approve new account applications | 10790 | - |
| 9.2.1.3 | Analyze credit scoring history | 14187 | NEW |
| 9.2.1.4 | Forecast credit scoring requirement | 14188 | NEW |
| 9.2.1.5 | Review existing accounts | 10791 | - |
| 9.2.1.6 | Produce credit/collection reports | 10792 | - |
| 9.2.1.7 | Reinstate or suspend accounts based on credit policies | 10793 | - |
| 9.2.2 | Invoice customer | 10743 | - |
| 9.2.2.1 | Maintain customer/product master files | 10794 | - |
| 9.2.2.2 | Generate customer billing data | 10795 | - |
| 9.2.2.3 | Transmit billing data to customers | 10796 | - |
| 9.2.2.4 | Post receivable entries | 10797 | - |
| 9.2.2.5 | Resolve customer billing inquiries | 10798 | - |
| 9.2.3 | Process accounts receivable (AR) | 10744 | - |
| 9.2.3.1 | Establish AR policies | 10799 | - |
| 9.2.3.2 | Receive/Deposit customer payments | 10800 | - |
| 9.2.3.3 | Apply cash remittances | 10801 | - |
| 9.2.3.4 | Prepare AR reports | 10802 | - |
| 9.2.3.5 | Post AR activity to the general ledger | 10803 | - |
| 9.2.4 | Manage and process collections | 10745 | +14007, +14008 |
| 9.2.4.1 | Establish policies for delinquent accounts | 10804 | - |
| 9.2.4.2 | Analyze delinquent account balances | 10805 | - |
| 9.2.4.3 | Correspond/Negotiate with delinquent accounts | 10806 | - |
| 9.2.4.4 | Discuss account resolution with internal parties | 10807 | - |
| 9.2.4.5 | Process adjustments/write off balances | 10808 | - |
| 9.2.4.6 | Perform recovery workout | 14007 | NEW |
| 9.2.4.7 | Manage default accounts | 14008 | NEW |
| 9.2.5 | Manage and process adjustments/deductions | 10746 | - |
| 9.2.5.1 | Establish policies/procedures for adjustments | 10809 | - |
| 9.2.5.2 | Analyze adjustments | 10810 | - |
| 9.2.5.3 | Correspond/Negotiate with customer | 10811 | - |
| 9.2.5.4 | Discuss resolution with internal parties | 10812 | - |
| 9.2.5.5 | Prepare chargeback invoices | 10813 | - |
| 9.2.5.6 | Process related entries | 10814 | - |
| 9.3 | Perform general accounting and reporting | 10730 | - |
| 9.3.1 | Manage policies and procedures | 10747 | +20604 |
| 9.3.1.1 | Negotiate service-level agreements | 10815 | - |
| 9.3.1.2 | Establish accounting policies | 10816 | - |
| 9.3.1.3 | Publish accounting policies | 20604 | NEW |
| 9.3.1.4 | Set and enforce approval limits | 10817 | - |
| 9.3.1.5 | Establish common financial systems | 10818 | - |
| 9.3.2 | Perform general accounting | 10748 | c10822 |
| 9.3.2.1 | Maintain chart of accounts | 10819 | - |
| 9.3.2.2 | Process journal entries | 10820 | - |
| 9.3.2.3 | Process allocations | 10821 | - |
| 9.3.2.4 | Process period end adjustments | 10822 | RENAME, WAS:Process period end adjustments (e.g., accruals and currency conversions) |
| 9.3.2.5 | Post and reconcile intercompany transactions | 10823 | - |
| 9.3.2.6 | Reconcile general ledger accounts | 10824 | - |
| 9.3.2.7 | Perform consolidations and process eliminations | 10825 | - |
| 9.3.2.8 | Prepare trial balance | 10826 | - |
| 9.3.2.9 | Prepare and post management adjustments | 10827 | - |
| 9.3.3 | Perform fixed-asset accounting | 10749 | - |
| 9.3.3.1 | Establish fixed-asset policies and procedures | 10828 | - |
| 9.3.3.2 | Maintain fixed-asset master data files | 10829 | - |
| 9.3.3.3 | Process and record fixed-asset additions and retires | 10830 | - |
| 9.3.3.4 | Process and record fixed-asset adjustments, enhancements, re... | 10831 | - |
| 9.3.3.5 | Process and record fixed-asset maintenance and repair expens... | 10832 | - |
| 9.3.3.6 | Calculate and record depreciation expense | 10833 | - |
| 9.3.3.7 | Reconcile fixed-asset ledger | 10834 | - |
| 9.3.3.8 | Track fixed-assets including physical inventory | 10835 | - |
| 9.3.3.9 | Provide fixed-asset data to support tax, statutory, and regu... | 10836 | - |
| 9.3.4 | Perform financial reporting | 10750 | +14074 |
| 9.3.4.1 | Prepare business unit financial statements | 10837 | - |
| 9.3.4.2 | Prepare consolidated financial statements | 10838 | - |
| 9.3.4.3 | Perform business unit reporting/review management reports | 10839 | - |
| 9.3.4.4 | Perform consolidated reporting/review of cost management rep... | 10840 | - |
| 9.3.4.5 | Prepare statements for board review | 10841 | - |
| 9.3.4.6 | Produce quarterly/annual filings and shareholder reports | 10842 | - |
| 9.3.4.7 | Produce regulatory reports | 10843 | - |
| 9.3.4.8 | Perform legal and management consolidation | 14074 | NEW |
| 9.4 | Manage fixed-asset project accounting | 10731 | - |
| 9.4.1 | Perform capital planning and project approval | 10751 | - |
| 9.4.1.1 | Develop capital investment policies and procedures | 10844 | - |
| 9.4.1.2 | Develop and approve capital expenditure plans and budgets | 10845 | - |
| 9.4.1.3 | Review and approve capital projects and fixed-asset acquisit... | 10846 | - |
| 9.4.1.4 | Conduct financial justification for project approval | 10847 | - |
| 9.4.2 | Perform capital project accounting | 10752 | - |
| 9.4.2.1 | Create project account codes | 10848 | - |
| 9.4.2.2 | Record project-related transactions | 10849 | - |
| 9.4.2.3 | Monitor and track capital projects and budget spending | 10850 | - |
| 9.4.2.4 | Close/capitalize projects | 10851 | - |
| 9.4.2.5 | Measure financial returns on completed capital projects | 10852 | - |
| 9.5 | Process payroll | 10732 | c10755 |
| 9.5.1 | Report time | 10753 | - |
| 9.5.1.1 | Establish policies and procedures | 10853 | - |
| 9.5.1.2 | Collect and record employee time worked | 10854 | - |
| 9.5.1.3 | Analyze and report paid and unpaid leave | 10855 | - |
| 9.5.1.4 | Monitor regular, overtime, and other hours | 10856 | - |
| 9.5.1.5 | Analyze and report employee utilization | 10857 | - |
| 9.5.2 | Manage pay | 10754 | - |
| 9.5.2.1 | Enter employee time worked into payroll system | 10858 | - |
| 9.5.2.2 | Maintain and administer employee earnings information | 10859 | - |
| 9.5.2.3 | Maintain and administer applicable deductions | 10860 | - |
| 9.5.2.4 | Monitor changes in tax status of employees | 10861 | - |
| 9.5.2.5 | Process and distribute payments | 10862 | - |
| 9.5.2.6 | Process and distribute manual checks | 10863 | - |
| 9.5.2.7 | Process period-end adjustments | 10864 | - |
| 9.5.2.8 | Respond to employee payroll inquiries | 10865 | - |
| 9.5.3 | Manage and process payroll taxes | 10755 | +14075, +14076, RENAME, WAS:Process payroll taxes |
| 9.5.3.1 | Develop tax plan | 14075 | NEW |
| 9.5.3.2 | Manage tax plan | 14076 | NEW |
| 9.5.3.3 | Calculate and pay applicable payroll taxes | 10866 | - |
| 9.5.3.4 | Produce and distribute employee annual tax statements | 10867 | - |
| 9.5.3.5 | File regulatory payroll tax forms | 10868 | - |
| 9.6 | Process accounts payable and expense reimbursements | 10733 | +20929 |
| 9.6.1 | Process accounts payable (AP) | 10756 | c10874, c10875 |
| 9.6.1.1 | Verify AP pay file with purchase order vendor master file | 10869 | - |
| 9.6.1.2 | Maintain/Manage electronic commerce | 10870 | - |
| 9.6.1.3 | Audit invoices and key data in AP system | 10871 | - |
| 9.6.1.4 | Approve payments | 10872 | - |
| 9.6.1.5 | Process financial accruals and reversals | 10873 | - |
| 9.6.1.6 | Process payables taxes | 10874 | RENAME, WAS:Process taxes |
| 9.6.1.7 | Research/Resolve payable exceptions | 10875 | RENAME, WAS:Research/Resolve exceptions |
| 9.6.1.8 | Process payments | 10876 | - |
| 9.6.1.9 | Respond to AP inquiries | 10877 | - |
| 9.6.1.10 | Retain records | 10878 | - |
| 9.6.1.11 | Adjust accounting records | 10879 | - |
| 9.6.2 | Process expense reimbursements | 10757 | c10884 |
| 9.6.2.1 | Establish and communicate expense reimbursement policies and... | 10880 | - |
| 9.6.2.2 | Capture and report relevant tax data | 10881 | - |
| 9.6.2.3 | Approve reimbursements and advances | 10882 | - |
| 9.6.2.4 | Process reimbursements and advances | 10883 | - |
| 9.6.2.5 | Manage personnel accounts | 10884 | RENAME, WAS:Manage personal accounts |
| 9.6.3 | Manage corporate credit cards | 20929 | +20930, +20931, +20932, +20933, +20934, +20935, NEW |
| 9.6.3.1 | Establish corporate credit card policies and approval limits | 20930 | NEW |
| 9.6.3.2 | Process corporate credit card requests | 20931 | NEW |
| 9.6.3.3 | Order corporate credit cards | 20932 | NEW |
| 9.6.3.4 | Manage corporate credit card accounts | 20933 | NEW |
| 9.6.3.5 | Approve/Change credit limits | 20934 | NEW |
| 9.6.3.6 | Cancel/Deactivate credit card | 20935 | NEW |
| 9.7 | Manage treasury operations | 10734 | +16958 |
| 9.7.1 | Manage treasury policies and procedures | 10758 | - |
| 9.7.1.1 | Establish scope and governance of treasury operations | 10885 | - |
| 9.7.1.2 | Establish and publish treasury policies | 10886 | - |
| 9.7.1.3 | Develop treasury procedures | 10887 | - |
| 9.7.1.4 | Monitor treasury procedures | 10888 | - |
| 9.7.1.5 | Audit treasury procedures | 10889 | - |
| 9.7.1.6 | Revise treasury procedures | 10890 | - |
| 9.7.1.7 | Develop and confirm internal controls for treasury | 10891 | - |
| 9.7.1.8 | Define system security requirements | 10892 | - |
| 9.7.2 | Manage cash | 10759 | - |
| 9.7.2.1 | Manage and reconcile cash positions | 10893 | - |
| 9.7.2.2 | Manage cash equivalents | 10894 | - |
| 9.7.2.3 | Process and oversee electronic fund transfers (EFTs) | 10895 | - |
| 9.7.2.4 | Develop cash flow forecasts | 10896 | - |
| 9.7.2.5 | Manage cash flows | 10897 | - |
| 9.7.2.6 | Produce cash management accounting transactions and reports | 10898 | - |
| 9.7.2.7 | Manage and oversee banking relationships | 10899 | - |
| 9.7.2.8 | Analyze, negotiate, resolve, and confirm bank fees | 10900 | - |
| 9.7.3 | Manage in-house bank accounts | 10760 | - |
| 9.7.3.1 | Manage in-house bank accounts for subsidiaries | 10901 | - |
| 9.7.3.2 | Manage and facilitate inter-company borrowing transactions | 10902 | - |
| 9.7.3.3 | Manage centralized outgoing payments on behalf of subsidiari... | 10903 | - |
| 9.7.3.4 | Manage central incoming payments on behalf of subsidiaries | 10904 | - |
| 9.7.3.5 | Manage internal payments and netting transactions | 10905 | - |
| 9.7.3.6 | Calculate interest and fees for in-house bank accounts | 10906 | - |
| 9.7.3.7 | Provide account statements for in-house bank accounts | 10907 | - |
| 9.7.4 | Manage debt and investment | 10761 | +14079 |
| 9.7.4.1 | Establish investment policy | 14079 | NEW |
| 9.7.4.2 | Manage financial intermediary relationships | 10908 | - |
| 9.7.4.3 | Manage liquidity | 10909 | - |
| 9.7.4.4 | Manage issuer exposure | 10910 | - |
| 9.7.4.5 | Process and oversee debt and investment transactions | 10911 | - |
| 9.7.4.6 | Process and oversee foreign currency transactions | 10912 | - |
| 9.7.4.7 | Produce debt and investment accounting transaction reports | 10913 | - |
| 9.7.4.8 | Process and oversee interest rate transactions | 14210 | - |
| 9.7.5 | Monitor and execute risk and hedging transactions | 11208 | +12974, +20137, -11212, c11209, c11210 |
| 9.7.5.1 | Develop risk management/hedging strategy | 12974 | NEW |
| 9.7.5.2 | Manage interest rate risk | 11209 | +19575, +19576, +19577, +19578, RENAME, WAS:Manage interest-rate risk |
| 9.7.5.2.1 | Manage interest rate market data | 19575 | NEW |
| 9.7.5.2.2 | Determine interest rate exposure for all markets | 19576 | NEW |
| 9.7.5.2.3 | Determine interest rate hedge requirements in accordance wit... | 19577 | NEW |
| 9.7.5.2.4 | Execute interest rate trades | 19578 | NEW |
| 9.7.5.3 | Manage foreign exchange risk | 11210 | +19579, +19580, +19581, +19582, +19583, RENAME, WAS:Manage foreign-exchange risk |
| 9.7.5.3.1 | Manage foreign exchange market data | 19579 | NEW |
| 9.7.5.3.2 | Determine foreign exchange exposure for all currencies | 19580 | NEW |
| 9.7.5.3.3 | Determine foreign exchange hedge requirements in accordance ... | 19581 | NEW |
| 9.7.5.3.4 | Execute foreign exchange trades | 19582 | NEW |
| 9.7.5.3.5 | Manage foreign exchange balance sheet risk | 19583 | NEW |
| 9.7.5.4 | Manage exposure risk | 11211 | +19584, +19585, +19586, +19587 |
| 9.7.5.4.1 | Determine current customer exposures and limit exceptions | 19584 | NEW |
| 9.7.5.4.2 | Resolve customer exposure limit violations | 19585 | NEW |
| 9.7.5.4.3 | Manage customer collateral | 19586 | NEW |
| 9.7.5.4.4 | Perform annual customer credit reviews | 19587 | NEW |
| 9.7.5.5 | Execute hedging transactions | 20137 | +19588, +19589, +19590, NEW |
| 9.7.5.5.1 | Measure physical positions | 19588 | NEW |
| 9.7.5.5.2 | Establish hedges | 19589 | NEW |
| 9.7.5.5.3 | Unwind hedges | 19590 | NEW |
| 9.7.5.5.4 | Evaluate and refine hedging positions | 11213 | - |
| 9.7.5.5.5 | Monitor credit | 11215 | - |
| 9.7.5.6 | Produce hedge accounting transactions and reports | 11214 | - |
| 9.7.6 | Manage financial fraud/dispute cases | 16958 | NEW |
| 9.8 | Manage internal controls | 10735 | - |
| 9.8.1 | Establish internal controls, policies, and procedures | 10762 | - |
| 9.8.1.1 | Establish board of directors and audit committee | 10914 | - |
| 9.8.1.2 | Define and communicate code of ethics | 10915 | - |
| 9.8.1.3 | Assign roles and responsibility for internal controls | 10916 | - |
| 9.8.1.4 | Define business process objectives and risks | 11250 | - |
| 9.8.1.5 | Define entity/unit risk tolerances | 11251 | - |
| 9.8.2 | Operate controls and monitor compliance with internal contro... | 10763 | - |
| 9.8.2.1 | Design and implement control activities | 10917 | - |
| 9.8.2.2 | Monitor control effectiveness | 10918 | - |
| 9.8.2.3 | Remediate control deficiencies | 10919 | - |
| 9.8.2.4 | Create compliance function | 10920 | - |
| 9.8.2.5 | Operate compliance function | 10921 | - |
| 9.8.2.6 | Implement and maintain controls-related enabling technologie... | 10922 | - |
| 9.8.3 | Report on internal controls compliance | 10764 | c10925 |
| 9.8.3.1 | Report to external auditors | 10923 | - |
| 9.8.3.2 | Report to regulators, share-/debt-holders, securities exchan... | 10924 | - |
| 9.8.3.3 | Report to third parties | 10925 | RENAME, WAS:Report to third parties (e.g., business partners) |
| 9.8.3.4 | Report to internal management | 10926 | - |
| 9.9 | Manage taxes | 10736 | - |
| 9.9.1 | Develop tax strategy and plan | 10765 | - |
| 9.9.1.1 | Develop foreign, national, state, and local tax strategy | 10927 | - |
| 9.9.1.2 | Consolidate and optimize total tax plan | 10928 | - |
| 9.9.1.3 | Maintain tax master data | 10929 | - |
| 9.9.2 | Process taxes | 10766 | c10931 |
| 9.9.2.1 | Perform tax planning/strategy | 10930 | - |
| 9.9.2.2 | Prepare tax returns | 10931 | RENAME, WAS:Prepare returns |
| 9.9.2.3 | Prepare foreign taxes | 10932 | - |
| 9.9.2.4 | Calculate deferred taxes | 10933 | - |
| 9.9.2.5 | Account for taxes | 10934 | - |
| 9.9.2.6 | Monitor tax compliance | 10935 | - |
| 9.9.2.7 | Address tax inquiries | 10936 | - |
| 9.10 | Manage international funds/consolidation | 10737 | - |
| 9.10.1 | Monitor international rates | 10767 | - |
| 9.10.2 | Manage transactions | 10768 | - |
| 9.10.3 | Monitor currency exposure/hedge currency | 10769 | - |
| 9.10.4 | Report results | 10770 | - |
| 9.11 | Perform global trade services | 17059 | +19593 |
| 9.11.1 | Screen sanctioned party list | 14090 | - |
| 9.11.2 | Control exports and imports | 14091 | - |
| 9.11.3 | Classify products | 14092 | - |
| 9.11.4 | Perform currency conversion | 19593 | NEW |
| 9.11.5 | Calculate duty | 14093 | - |
| 9.11.6 | Communicate with customs | 14094 | - |
| 9.11.7 | Document trade | 14095 | - |
| 9.11.8 | Process trade preferences | 14096 | - |
| 9.11.9 | Handle restitution | 14097 | - |
| 9.11.10 | Prepare letter of credit | 14098 | - |
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