Operational Effectiveness: Uncovering the Hidden Dollars in Your Food Facility
Standard Cost Support
1. MANAGEMENT CONTROL AND PERFORMANCE MEASURES Bill Horst, CPA, CMA Jennifer Kinzel CPA, CMA
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4. Who Are We? Standard Costing Certified Management Accountant (CMA)
5. Standard Costing: The Vision “ To have a system that accurately and simply reflects the activity cost of the product”
6. What is Involved? Determining the Correct Cost Driver(s) Frequency of Revisions of Cost Model Budget Preparation Developing Accurate Standards
7. What is Involved? Monitoring Additional Applications/ Uses Financial Statement Presentation
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23. Who was involved? Controller VP of Finance VP of Sales VP of Production Plant Manager VP of Engineering Members of IT- Internal and External Outside CPA’s
24. Who was involved? This was a TEAM effort. Each department’s decision is impacted by all of the others and each team member should be able to identify issues that might affect the next step in the process. Teamwork helps us to IDENTIFY and SOLVE any challenges that may arise during the process.
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Hinweis der Redaktion
West to Williams, east to Sandusky, south to Putnam, clients in FL and West Coast
Greg and Aaron are Certified Fraud Examiners, (CFE) Greg is (FCPA) Forensic Certified Public Accountant, (CFF) Certified in Financial Forensics. Jack and Anne are Certified Valuation Analysts (CVA) Bill, Jennifer, and Tara are Certified Management Accountants (CMA)