January 2022
Beginner
448 pages
13h 37m
English
Content preview from Accounting For Dummies, 7th Edition
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Chapter 15
Analyzing Profit
IN THIS CHAPTER
Facing up to the profit-making function of business managers
Scoping the field of managerial accounting
Centering on profit centers
Making internal P&L reports useful
Analyzing profit for fun and more profit
As a business manager, executive, or owner (collectively referred to as “manager” through the remainder of this chapter), you get paid to make profit happen. That’s one thing that separates you from the employees at your business. Of course, you should be a motivator, innovator, consensus builder, lobbyist, and maybe sometimes a babysitter, but the hardcore purpose of your job is to make and improve profit. No matter how much your staff loves you (or do they love those doughnuts you bring in every Monday?), if you don’t meet your profit goals, you’re facing the unemployment line.
Competition in most industries is fierce, and you can never take profit performance for granted. Changes take place all the time — changes initiated by the ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.