Profitability & Cost Management Shared Interest Group

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This is a dynamic community that leverages advanced techniques to enhance cost management and profitability analysis. Our mission is to empower accounting and finance professionals by adopting and integrating cutting-edge methodologies, ensuring efficiency, accuracy, and innovation in cost accounting and profitability management. Members share knowledge and benefit from their association with like-minded professionals focused on enhancing their expertise and supporting the implementation of advanced cost and profitability analysis techniques and good practices.

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  • The "Brand X Company’s 300% Tariff" case highlights the critical role of internal controls and ethical reporting ineffective profitability and cost management (PCM) . Integrating key performance indicators ...

  • Introduction The recent announcement of 25% tariffs on imports from Canada and Mexico to the United States, coupled with potential retaliatory measures, poses a significant risk to companies reliant ...

  • 𝗝𝗼𝗶𝗻 𝗨𝘀 𝗳𝗼𝗿 𝗮𝗻 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝗳𝘂𝗹 𝗜𝗠𝗔 𝗪𝗲𝗯𝗶𝗻𝗮𝗿! 𝐓𝐡𝐞 𝐈𝐌𝐀 𝐏𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 & 𝐂𝐨𝐬𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐡𝐚𝐫𝐞𝐝 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐆𝐫𝐨𝐮𝐩 (𝐏𝐂𝐌 𝐒𝐈𝐆), in collaboration with 𝐈𝐌𝐀 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬 𝐂𝐡𝐚𝐩𝐭𝐞𝐫, invites you to a thought-provoking ...

  • The Pareto Principle (80/20 rule) has been widely cited in university courses, whitepapers, and research studies as a fundamental law of business profitability (Koch, 2011). It suggests that ...

    3 people recommend this.
  • As someone passionate about using cutting-edge EPM tools to drive business success, I’ve seen how generative AI has become a game-changer in boosting productivity while optimizing profitability and cost ...

  • When discussing productivity in cost management, the role of a human-centered strategy cannot be overstated . It's about empowering the workforce, not replacing it. This approach recognizes that people ...

  • Balancing profitability with effective cost management has become increasingly challenging in today's fast-paced business environment. As someone deeply invested in promoting organizational success, I've ...

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    E-Liability Proto-Standard

    The E-Liability proto-standard has been developed by a team of people working under the guidance of Professor Karthik Ramanna (Oxford University) and Professor Robert Kaplan (Harvard University). The institute ...

    1 person recommends this.

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