Three New Segmented P and Ls That Will Shake Your Understanding of Product Cost
Business and Management Skills
Training
Provided by Manufacturing Executive Institute
This 1-hour FREE webinar presents three new profit and loss statements that are the direct result of rethinking manufacturing cost accounting. These new formats are sure to forever change your thinking about how value is created... and destroyed... in a manufacturing enterprise.
Related Jobs or Careers: Operations Manager, CEO, COO, Facility Manager, Production Manager
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Three New Segmented P and Ls That Will Shake Your Understanding of Product Cost
Manufacturing cost accounting has often been described as the least exciting discipline in accounting. But to any seasoned operations executive, good cost accounting is what provides proactive insight into things that can go wrong... or have already gone wrong. Cost accounting, properly executed, is THE information source that assists an operations manager to compare and diagnose production efficiences, capital utilization and productivity accross a wide span of operating activities.
This 1-hour FREE webinar presents three new profit & loss statements that are the direct result of rethinking manufacturing cost accounting. These new formats are sure to forever change your thinking about how value is created... and destroyed... in a manufacturing enterprise. We will present and discuss:
1. An Operations-oriented FINANCIAL P&L that presents how money is spent by segmenting costs into labor, burden and overhead categories for easy analysis.
2. An Operations-oriented COMPETITIVE P&L that segments cost into fixed and variable categories so incremental pricing decisions and other volume-based decisions can be more easily made.
3. An Operations-oriented MANAGERIAL P&L that segments cost into value-added and non-value-added categories so the total cost of waste can be undersood. This P&L also helps to understand how profitable a company could be if waste was removed.
Join us for this FREE webinar, June 18, 2009 from 10: 00 - 11. 00am PST
This 1-hour FREE webinar presents three new profit & loss statements that are the direct result of rethinking manufacturing cost accounting. These new formats are sure to forever change your thinking about how value is created... and destroyed... in a manufacturing enterprise. We will present and discuss:
1. An Operations-oriented FINANCIAL P&L that presents how money is spent by segmenting costs into labor, burden and overhead categories for easy analysis.
2. An Operations-oriented COMPETITIVE P&L that segments cost into fixed and variable categories so incremental pricing decisions and other volume-based decisions can be more easily made.
3. An Operations-oriented MANAGERIAL P&L that segments cost into value-added and non-value-added categories so the total cost of waste can be undersood. This P&L also helps to understand how profitable a company could be if waste was removed.
Join us for this FREE webinar, June 18, 2009 from 10: 00 - 11. 00am PST
About The Training Provider: Manufacturing Executive Institute
Manufacturing Executive Institute - MEI is a training and publishing organization dedicated to bringing revelant manufacturing and distribution industries knowledge to individuals who are interested in dramatically improving their company's performance. MEI delivers knowledge to these communities in three ways: 1. Live training programs 2. Web-based Training programs 3. Publications. Additional resources include Manufacturing...
