| Full Process Description | 30-Transform/Innovate | 20-Change/
Improve | 10-Run/
Operate |
| 8 Manage Financial Resources (17058) |
| 1 |
|
| 8.1 Perform planning and management accounting (10728) |
| 1 |
|
| 8.1.1 Perform planning/budgeting/forecasting (10738) |
| 1 |
|
| 8.1.1.1 Develop and maintain budget policies and procedures (10771) |
| 1 |
|
| 8.1.1.2 Prepare periodic budgets and plans (10772) |
| 1 |
|
| 8.1.1.3 Prepare periodic financial forecasts (10773) |
| 1 |
|
| 8.1.2 Perform cost accounting and control (10739) |
| 1 |
|
| 8.1.2.1 Perform inventory accounting (10774) |
| 1 |
|
| 8.1.2.2 Perform cost of sales analysis (10775) |
| 1 |
|
| 8.1.2.3 Perform product costing (10776) |
| 1 |
|
| 8.1.2.4 Perform variance analysis (10777) |
| 1 |
|
| 8.1.2.5 Report on profitability (11175) |
| 1 |
|
| 8.1.3 Perform cost management (10740) | 1 |
|
|
| 8.1.3.1 Determine key cost drivers (10778) |
|
| 1 |
| 8.1.3.2 Measure cost drivers (10779) |
|
| 1 |
| 8.1.3.3 Determine critical activities (10780) |
|
| 1 |
| 8.1.3.4 Manage asset resource deployment and utilization (10781) |
|
| 1 |
| 8.1.4 Evaluate and manage financial performance (10741) |
| 1 |
|
| 8.1.4.1 Assess customer and product profitability (10782) |
|
| 1 |
| 8.1.4.2 Evaluate new products (10783) | 1 |
|
|
| 8.1.4.3 Perform life cycle costing (10784) |
| 1 |
|
| 8.1.4.4 Optimize customer and product mix (10785) |
| 1 |
|
| 8.1.4.5 Track performance of new-customer and product strategies (10786) |
| 1 |
|
| 8.1.4.6 Prepare activity-based performance measures (10787) |
| 1 |
|
| 8.1.4.7 Manage continuous cost improvement (10788) |
| 1 |
|
| 8.2 Perform revenue accounting (10729) |
| | 1 |
| 8.2.1 Process customer credit (10742) |
|
| 1 |
| 8.2.1.1 Establish credit policies (10789) |
| 1 |
|
| 8.2.1.2 Analyze/Approve new account applications (10790) |
| 1 |
|
| 8.2.1.3 Review existing accounts (10791) |
|
| 1 |
| 8.2.1.4 Produce credit/collection reports (10792) |
|
| 1 |
| 8.2.1.5 Reinstate or suspend accounts based on credit policies (10793) |
| 1 |
|
| 8.2.2 Invoice customer (10743) |
|
| 1 |
| 8.2.2.1 Maintain customer/product master files (10794) | 1 |
|
|
| 8.2.2.2 Generate customer billing data (10795) |
|
| 1 |
| 8.2.2.3 Transmit billing data to customers (10796) |
|
| 1 |
| 8.2.2.4 Post receivable entries (10797) |
| 1 |
|
| 8.2.2.5 Resolve customer billing inquiries (10798) |
|
| 1 |
| 8.2.3 Process accounts receivable (AR) (10744) |
|
| 1 |
| 8.2.3.1 Establish AR policies (10799) |
| 1 |
|
| 8.2.3.2 Receive/Deposit customer payments (10800) |
|
| 1 |
| 8.2.3.3 Apply cash remittances (10801) |
|
| 1 |
| 8.2.3.4 Prepare AR reports (10802) |
| 1 |
|
| 8.2.3.5 Post AR activity to the general ledger (10803) |
| 1 |
|
| 8.2.4 Manage and process collections (10745) |
|
| 1 |
| 8.2.4.1 Establish policies for delinquent accounts (10804) |
| 1 |
|
| 8.2.4.2 Analyze delinquent account balances (10805) |
|
| 1 |
| 8.2.4.3 Correspond/Negotiate with delinquent accounts (10806) |
|
| 1 |
| 8.2.4.4 Discuss account resolution with internal parties (10807) |
|
| 1 |
| 8.2.4.5 Process adjustments/write-off balances (10808) |
|
| 1 |
| 8.2.5 Manage and process adjustments/deductions (10746) |
|
| 1 |
| 8.2.5.1 Establish policies/procedures for adjustments (10809) |
|
| 1 |
| 8.2.5.2 Analyze adjustments (10810) |
|
| 1 |
| 8.2.5.3 Correspond/Negotiate with customer (10811) |
|
| 1 |
| 8.2.5.4 Discuss resolution with internal parties (10812) |
| 1 |
|
| 8.2.5.5 Prepare chargeback invoices (10813) |
|
| 1 |
| 8.2.5.6 Process related entries (10814) |
|
| 1 |
| 8.3 Perform general accounting and reporting (10730) |
| 1 |
|
| 8.3.1 Manage policies and procedures (10747) |
| 1 |
|
| 8.3.1.1 Negotiate service-level agreements (10815) |
| 1 |
|
| 8.3.1.2 Establish accounting policies (10816) |
| 1 |
|
| 8.3.1.3 Set and enforce approval limits (10817) |
| 1 | |
| 8.3.1.4 Establish common financial systems (10818) | 1 |
|
|
| 8.3.2 Perform general accounting (10748) |
|
| 1 |
| 8.3.2.1 Maintain chart of accounts (10819) |
|
| 1 |
| 8.3.2.2 Process journal entries (10820) |
|
| 1 |
| 8.3.2.3 Process allocations (10821) |
| 1 |
|
| 8.3.2.4 Process period end adjustments (e.g., accruals and currency conversions) (10822) |
| 1 |
|
| 8.3.2.5 Post and reconcile intercompany transactions (10823) |
| | 1 |
| 8.3.2.6 Reconcile general ledger accounts (10824) |
| | 1 |
| 8.3.2.7 Perform consolidations and process eliminations (10825) |
|
| 1 |
| 8.3.2.8 Prepare trial balance (10826) |
|
| 1 |
| 8.3.2.9 Prepare and post management adjustments (10827) |
| 1 |
|
| 8.3.3 Perform fixed asset accounting (10749) |
|
| 1 |
| 8.3.3.1 Establish fixed asset policies and procedures (10828) |
| 1 |
|
| 8.3.3.2 Maintain fixed asset master data files (10829) | 1 | |
|
| 8.3.3.3 Process and record fixed asset additions and retires (10830) |
|
| 1 |
| 8.3.3.4 Process and record fixed asset adjustments, enhancements, revaluations, and transfers (10831) |
|
| 1 |
| 8.3.3.5 Process and record fixed-asset maintenance and repair expenses (10832) |
|
| 1 |
| 8.3.3.6 Calculate and record depreciation expense (10833) |
|
| 1 |
| 8.3.3.7 Reconcile fixed-asset ledger (10834) |
|
| 1 |
| 8.3.3.8 Track fixed-assets including physical inventory (10835) |
|
| 1 |
| 8.3.3.9 Provide fixed-asset data to support tax, statutory, and regulatory reporting (10836) |
| 1 |
|
| 8.3.4 Perform financial reporting (10750) |
| 1 |
|
| 8.3.4.1 Prepare business unit financial statements (10837) |
| 1 |
|
| 8.3.4.2 Prepare consolidated financial statements (10838) |
| 1 |
|
| 8.3.4.3 Perform business unit reporting/ review management reports (10839) |
| 1 |
|
| 8.3.4.4 Perform consolidated reporting/ review of cost management reports (10840) |
| 1 |
|
| 8.3.4.5 Prepare statements for board review (10841) |
| 1 |
|
| 8.3.4.6 Produce quarterly/annual filings and shareholder reports (10842) |
| 1 |
|
| 8.3.4.7 Produce regulatory reports (10843) |
| 1 |
|
| 8.4 Manage fixed asset project accounting (10731) |
|
| 1 |
| 8.4.1 Perform capital planning and project approval (10751) |
| 1 | |
| 8.4.1.1 Develop capital investment policies and procedures (10844) |
| 1 |
|
| 8.4.1.2 Develop and approve capital expenditure plans and budgets (10845) |
| 1 |
|
| 8.4.1.3 Review and approve capital projects and fixed asset acquisitions (10846) |
| 1 |
|
| 8.4.1.4 Conduct financial justification for project approval (10847) |
| | 1 |
| 8.4.2 Perform capital project accounting (10752) |
|
| 1 |
| 8.4.2.1 Create project account codes (10848) |
| 1 |
|
| 8.4.2.2 Record project-related transactions (10849) |
|
| 1 |
| 8.4.2.3 Monitor and track capital projects and budget spending (10850) |
|
| 1 |
| 8.4.2.4 Close/Capitalize projects (10851) |
| 1 |
|
| 8.4.2.5 Measure financial returns on completed capital projects (10852) |
| 1 |
|
| 8.5 Process payroll (10732) |
|
| 1 |
| 8.5.1 Report time (10753) |
|
| 1 |
| 8.5.1.1 Establish policies and procedures (10853) |
| 1 |
|
| 8.5.1.2 Collect and record employee time worked (10854) |
|
| 1 |
| 8.5.1.3 Analyze and report paid and unpaid leave (10855) |
|
| 1 |
| 8.5.1.4 Monitor regular, overtime, and other hours (10856) |
|
| 1 |
| 8.5.1.5 Analyze and report employee utilization (10857) |
|
| 1 |
| 8.5.2 Manage pay (10754) | 1 |
|
|
| 8.5.2.1 Enter employee time worked into payroll system (10858) |
|
| 1 |
| 8.5.2.2 Maintain and administer employee earnings information (10859) |
|
| 1 |
| 8.5.2.3 Maintain and administer applicable deductions (10860) |
|
| 1 |
| 8.5.2.4 Monitor changes in tax status of employees (10861) |
|
| 1 |
| 8.5.2.5 Process and distribute payments (10862) |
|
| 1 |
| 8.5.2.6 Process and distribute manual checks (10863) |
|
| 1 |
| 8.5.2.7 Process period end adjustments (10864) |
|
| 1 |
| 8.5.2.8 Respond to employee payroll inquiries (10865) |
|
| 1 |
| 8.5.3 Process payroll taxes (10755) |
|
| 1 |
| 8.5.3.1 Calculate and pay applicable payroll taxes (10866) |
|
| 1 |
| 8.5.3.2 Produce and distribute employee annual tax statements (10867) |
|
| 1 |
| 8.5.3.3 File regulatory payroll tax forms (10868) |
| 1 |
|
| 8.6 Process accounts payable and expense reimbursements (10733) |
|
| 1 |
| 8.6.1 Process accounts payable (AP) (10756) |
|
| 1 |
| 8.6.1.1 Verify AP pay file with PO vendor master file (10869) |
|
| 1 |
| 8.6.1.2 Maintain/Manage electronic commerce (10870) |
|
| 1 |
| 8.6.1.3 Audit invoices and key data in AP system (10871) |
|
| 1 |
| 8.6.1.4 Approve payments (10872) |
|
| 1 |
| 8.6.1.5 Process financial accruals and reversals (10873) |
|
| 1 |
| 8.6.1.6 Process taxes (10874) |
|
| 1 |
| 8.6.1.7 Research/Resolve exceptions (10875) |
|
| 1 |
| 8.6.1.8 Process payments (10876) |
|
| 1 |
| 8.6.1.9 Respond to AP inquiries (10877) |
|
| 1 |
| 8.6.1.10 Retain records (10878) |
|
| 1 |
| 8.6.1.11 Adjust accounting records (10879) |
|
| 1 |
| 8.6.2 Process expense reimbursements (10757) |
|
| 1 |
| 8.6.2.1 Establish and communicate expense reimbursement policies and approval limits (10880) |
| 1 |
|
| 8.6.2.2 Capture and report relevant tax data (10881) |
| 1 |
|
| 8.6.2.3 Approve reimbursements and advances (10882) |
|
| 1 |
| 8.6.2.4 Process reimbursements and advances (10883) |
|
| 1 |
| 8.6.2.5 Manage personal accounts (10884) |
|
| 1 |
| 8.7 Manage treasury operations (10734) |
|
| 1 |
| 8.7.1 Manage treasury policies and procedures (10758) |
| 1 |
|
| 8.7.1.1 Establish scope and governance of treasury operations (10885) |
| 1 |
|
| 8.7.1.2 Establish and publish treasury policies (10886) |
| 1 |
|
| 8.7.1.3 Develop treasury procedures (10887) |
| 1 |
|
| 8.7.1.4 Monitor treasury procedures (10888) |
| 1 |
|
| 8.7.1.5 Audit treasury procedures (10889) |
| 1 |
|
| 8.7.1.6 Revise treasury procedures (10890) |
| 1 |
|
| 8.7.1.7 Develop and confirm internal controls for treasury (10891) |
| 1 |
|
| 8.7.1.8 Define system security requirements (10892) |
| 1 |
|
| 8.7.2 Manage cash (10759) |
|
| 1 |
| 8.7.2.1 Manage and reconcile cash positions (10893) |
|
| 1 |
| 8.7.2.2 Manage cash equivalents (10894) |
|
| 1 |
| 8.7.2.3 Process and oversee electronic fund transfers (EFTs) (10895) |
|
| 1 |
| 8.7.2.4 Develop cash flow forecasts (10896) |
|
| 1 |
| 8.7.2.5 Manage cash flows (10897) |
|
| 1 |
| 8.7.2.6 Produce cash management accounting transactions and reports (10898) |
|
| 1 |
| 8.7.2.7 Manage and oversee banking relationships (10899) |
|
| 1 |
| 8.7.2.8 Analyze, negotiate, resolve, and confirm bank fees (10900) |
|
| 1 |
| 8.7.3 Manage in-house bank accounts (10760) |
|
| 1 |
| 8.7.3.1 Manage in-house bank accounts for subsidiaries (10901) |
|
| 1 |
| 8.7.3.2 Manage and facilitate inter-company borrowing transactions (10902) |
|
| 1 |
| 8.7.3.3 Manage centralized outgoing payments on behalf of subsidiaries (10903) |
|
| 1 |
| 8.7.3.4 Manage central incoming payments on behalf of subsidiaries (10904) |
|
| 1 |
| 8.7.3.5 Manage internal payments and netting transactions (10905) |
|
| 1 |
| 8.7.3.6 Calculate interest and fees for in-house bank accounts (10906) |
|
| 1 |
| 8.7.3.7 Provide account statements for in-house bank accounts (10907) |
|
| 1 |
| 8.7.4 Manage debt and investment (10761) |
|
| 1 |
| 8.7.4.1 Manage financial intermediary relationships (10908) |
|
| 1 |
| 8.7.4.2 Manage liquidity (10909) |
|
| 1 |
| 8.7.4.3 Manage issuer exposure (10910) |
|
| 1 |
| 8.7.4.4 Process and oversee debt and investment transactions (10911) |
|
| 1 |
| 8.7.4.5 Process and oversee foreign currency transactions (10912) |
|
| 1 |
| 8.7.4.6 Produce debt and investment accounting transaction reports (10913) |
|
| 1 |
| 8.7.4.7 Process and oversee interest rate transactions (14210) |
|
| 1 |
| 8.7.5 Monitor and execute risk and hedging transactions (11208) |
|
| 1 |
| 8.7.5.1 Manage interest-rate risk (11209) |
|
| 1 |
| 8.7.5.2 Manage foreign-exchange risk (11210) |
|
| 1 |
| 8.7.5.3 Manage exposure risk (11211) |
|
| 1 |
| 8.7.5.4 Develop and execute hedging transactions (11212) |
|
| 1 |
| 8.7.5.5 Evaluate and refine hedging positions (11213) |
|
| 1 |
| 8.7.5.6 Produce hedge accounting transactions and reports (11214) |
|
| 1 |
| 8.7.5.7 Monitor credit (11215) |
|
| 1 |
| 8.8 Manage internal controls (10735) |
|
| 1 |
| 8.8.1 Establish internal controls, policies, and procedures (10762) |
| 1 |
|
| 8.8.1.1 Establish board of directors and audit committee (10914) |
| 1 |
|
| 8.8.1.2 Define and communicate code of ethics (10915) |
| 1 |
|
| 8.8.1.3 Assign roles and responsibility for internal controls (10916) |
| 1 |
|
| 8.8.1.4 Define business process objectives and risks (11250) |
| 1 |
|
| 8.8.1.5 Define entity/unit risk tolerances (11251) |
| 1 |
|
| 8.8.2 Operate controls and monitor compliance with internal controls policies and procedures (10763) |
| 1 |
|
| 8.8.2.1 Design and implement control activities (10917) |
| 1 |
|
| 8.8.2.2 Monitor control effectiveness (10918) |
| 1 |
|
| 8.8.2.3 Remediate control deficiencies (10919) |
| 1 |
|
| 8.8.2.4 Create compliance function (10920) |
| 1 |
|
| 8.8.2.5 Operate compliance function (10921) |
|
| 1 |
| 8.8.2.6 Implement and maintain controls- related enabling technologies and tools (10922) |
| 1 |
|
| 8.8.3 Report on internal controls compliance (10764) |
| 1 |
|
| 8.8.3.1 Report to external auditors (10923) |
| 1 |
|
| 8.8.3.2 Report to regulators, share-/debt- holders, securities exchanges, etc. (10924) |
| 1 |
|
| 8.8.3.3 Report to third parties (e.g., business partners) (10925) |
| 1 |
|
| 8.8.3.4 Report to internal management (10926) |
| 1 |
|
| 8.9 Manage taxes (10736) |
|
| 1 |
| 8.9.1 Develop tax strategy and plan (10765) | 1 |
| |
| 8.9.1.1 Develop foreign, national, state, and local tax strategy (10927) | 1 |
|
|
| 8.9.1.2 Consolidate and optimize total tax plan (10928) | 1 |
|
|
| 8.9.1.3 Maintain tax master data (10929) | 1 |
|
|
| 8.9.2 Process taxes (10766) |
|
| 1 |
| 8.9.2.1 Perform tax planning/strategy (10930) |
| 1 |
|
| 8.9.2.2 Prepare returns (10931) |
|
| 1 |
| 8.9.2.3 Prepare foreign taxes (10932) |
|
| 1 |
| 8.9.2.4 Calculate deferred taxes (10933) |
|
| 1 |
| 8.9.2.5 Account for taxes (10934) |
|
| 1 |
| 8.9.2.6 Monitor tax compliance (10935) |
|
| 1 |
| 8.9.2.7 Address tax inquiries (10936) |
|
| 1 |
| 8.10 Manage international funds/consolidation (10737) |
|
| 1 |
| 8.10.1 Monitor international rates (10767) |
|
| 1 |
| 8.10.2 Manage transactions (10768) |
|
| 1 |
| 8.10.3 Monitor currency exposure/hedge currency (10769) |
|
| 1 |
| 8.10.4 Report results (10770) |
|
| 1 |
| 8.11 Perform global trade services (17059) |
|
| 1 |
| 8.11.1 Screen sanctioned party list (14090) |
|
| 1 |
| 8.11.2 Control exports and imports (14091) |
| 1 |
|
| 8.11.3 Classify products (14092) |
|
| 1 |
| 8.11.4 Calculate duty (14093) |
|
| 1 |
| 8.11.5 Communicate with customs (14094) |
|
| 1 |
| 8.11.6 Document trade (14095) |
|
| 1 |
| 8.11.7 Process trade preferences (14096) |
|
| 1 |
| 8.11.8 Handle restitution (14097) |
|
| 1 |
| 8.11.9 Prepare letter of credit (14098) |
|
| 1 |
| 10 | 84 | 138 |