[PDF.03ta] Lies, Damned Lies, and Cost Accounting: How Capacity Management Enables Improved Cost and Cash Flow Management
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Lies, Damned Lies, and Cost Accounting: How Capacity Management Enables Improved Cost and Cash Flow Management
Sr., Reginald Tomas Lee
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| #1246629 in eBooks | 2016-02-18 | 2016-02-18 | File type: PDF||0 of 0 people found the following review helpful.| I finally understand why I couldn't make sense of the numbers from my accountant!|By Matthew G. Schmidt|For years I operated my business on a cash basis. The numbers were simple to understand, project and allocate. While I did not always understand why my accountants would allocate certain numbers in certain ways, I knew that was to make the best case to the IRS.
A|About the Author|Reginald Tomas Lee, PhD, is an executive advisor, author, and researcher. His work and research focuses on helping leaders see, understand, and manage cash flow and capacity. He has worked for such companies as GM, IBM, Oracle, and EY, and has a
Business leaders rely on accounting data such as profit and calculated costs as a guide to whether they are making money. Should they? Accounting was designed to report financial performance not model cash flow. Accruals can disconnect cash flow from the timing and extent to which it occurs. Statements of cash flow do not provide insight into what was bought and how efficiently it was used. Costs and profits are not absolute, they change based on the model you use to cal...
You easily download any file type for your gadget.Lies, Damned Lies, and Cost Accounting: How Capacity Management Enables Improved Cost and Cash Flow Management | Sr., Reginald Tomas Lee. Which are the reasons I like to read books. Great story by a great author.