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Author: | Gray, J. Matson, D. |
Title: | Early warning systems. |
Journal: | Management Accounting (New York)
1987 : AUG, VOL. 69:2, p. 50-55 |
Index terms: | FINANCIAL MANAGEMENT PROBLEM SOLVING CHANGE |
Language: | eng |
Abstract: | A review of the importance of companies adopting an early warning system to enable them to anticipate changes. Such a system and its importance is assessed, together with key variables, pitfalls and problems, existing systems, and steps in designing a new system to avoid situations where bankruptcy may be a real issue. The authors advocate that an early warning system can be used to detect a variety of problems and potential opportunities while there is still time for action. |
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