BSNS’s professionals provide the expertise in Management/cost accounting and job costing required to understand and precisely report the costs associated with your manufacturing operations or job based operations. Management of your cost of sales is the single most important aspect to knowing your appropriate sales price.
Management/Cost accounting is the information that makes business run. Here are some questions that are answered by management accounting:
- What are sales by profit center?
- What are the profit margins for each profit center?
- What is the proper inventory level for an item or a group of items?
- What is the return on investment for a new product line or service offering?
We work with a business to identify important aspects of that specific business and then set up the accounting system to report on that information. After an accounting system is set up properly, many reports can be generated directly from the accounting system. In other cases, we use a report writer that sits on top of the accounting system to pull the data from it.
After we have properly set up the management reporting, we then are available to dialog with management about what the information is meaning.
Running a business is not easy. Management accounting and reporting is a key component to getting good information that to help run the business better and more efficiently.
Our Management/Cost Reporting Services Include:
- Management Report Design
- Transaction Analysis (Financial History, Trends, Reserve Evaluations, File Reviews)
- Key Indicator Review (ROI, NOI, EGI, Turnover Ratio, Profit Margin)
- Transaction Structure and Pricing Analysis
- Budget Development and Reporting
- Cash Flow Analysis Preparation
- Financial Projection Preparation
- Benchmarking Against Key Industry and Peer Group Metrics
- Regulatory Environment Review Preparation
Weekly, Monthly and Quarterly Sales and Profit/Loss Ratios
Why do we Stand out?
With our specially tailored services, we are committed to giving you the finest possible service. This ease of entry into the realm of digital marketing is unparalleled.