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It’s about Spending, Not Costs
INTRODUCTION
Your primary job as CFO is nancial review and analysis. You have to
explain your company’s nancial results to all readers of your nancial
statements. You also want to understand your company’s costs and trends,
plus you want to identify opportunities. Is there a company out there that
wouldn’t like to reduce costs?
Cost analysis for external nancial reporting must align with your
nancial statements, SEC reporting (if applicable), and industry standards.
Your company probably has well-established practices for external nan-
cial analysis. is chapter is going to address the way a Lean company a ...