Federal contractors face critical challenges in aligning accounting methodologies with the demands of the comparatively stringent requirements of their target market, the US government, vs. requirements of the commercial market base. Issues include maintaining constant audit readiness, the need for diligence and adroitness in information leveraging to develop a robust accounting operation, and the demand to stay on the cutting edge of applicable technologies and accounting workforce proficiencies, among others.
Gross profit is an important key performance indicator (KPI) to track, but so is the contribution margin. Many.
When it comes to evaluating your business financials, your expenditures are typically sorted into spending and.
If you calculate your sales margins by subtracting the cost of inventory from your retail sales amounts, you might.
Your business development team can't act on metrics that they can't track. Key performance indicators need to be.