search query: @author Barrett, G.R. / total: 5
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| Author: | Barrett, G.R. |
| Title: | Survival tactics for a business slowdown |
| Journal: | Journal of Accountancy
1990 : NOV, p.40-44 |
| Index terms: | ACCOUNTING |
| Language: | eng |
| Abstract: | By the end of 1990 the US recession is almost a certainty. Most companies will face a difficult environment in the coming months. The CPAs should make a financial contingency plan to help the managers to take promt, efficient action to contain a slowdown. Early warning signs are: "ripple effect" of problems in a dominant regional industry or a sudden jump in inventories, etc. The most important decisions to prepare for slowdown include reduction of inventories, tightening up on credit and cost reduction. |
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