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Analyzing Today's Business Operations - Analyzing the Accounting Function  

CATEGORY: Management
COURSE ID: CPATAA, VERSION 4.00
(179)
Online & Mobile, Download
2 CPE Credits
Level: Basic

Many businesses have seen the value of controlling the sales function and related cost controls to support their goals as well as their aims for business growth and increased profitability. However, there is still one area of costs that must also be considered, the area of functional operations where costs cannot be directly assigned to products or services (such as accounting, human resources, information technology (IT), and overall business management and administration). A dollar of cost savings or a dollar not spent is a dollar that goes directly to the bottom line; therefore, if the business can accomplish its goals with fewer resources allocated to one of these functional areas, the resources saved remain with the business. Remember, the financial statements and the bottom line do not know where the dollar of savings comes from: a dollar of functional cost savings is just as good as a dollar of product or service cost savings.

This course is most beneficial to professionals new to analyzing accounting functions, who may be at the staff or entry level in an organization but also for a seasoned professional with limited exposure to this area.

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