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CPE Self-Study

Plug Your Profit Leaks: Exploring Ideas to Significantly Save Time and Money

Publisher: AICPA
  • $209.00-$269.00
    Plug Your Profit Leaks: Exploring Ideas to Significantly Save Time and Money Online Access Product #: 164031
    AICPA Member: $209.00
    Non-Member: $269.00

Be recognized as one who can instantly add value to your organization’s bottom line. This hands-on CPE course gives you proven techniques for plugging the most overlooked profit leaks. Learn specific strategies for lowering costs, improving productivity, and becoming a more efficient organization. Explore different methods to see how easily you can put them to work.

Topics Discussed:

  • Profit leaks and ways to identify them
  • Using the rule of 80/20 to analyze costs
  • Saving money and increasing productivity through rewards and recognition
  • Ways to analyze the bottom-line impact of major decisions
  • Tools to measure the customer-service impact of Cost-Cutting Initiatives
  • Measuring efficiencies or inefficiencies of work processes
  • Process for collecting ideas that increase profits

Learning Objectives:
When you complete this course, you will be able to:

  • Develop a clear understanding of the organization’s strategy and how it drives costs.
  • Improve internal processes for maximum effectiveness.
  • Define what is most important and use that to create leadership leverage.
  • Identify and remove costs that do not benefit the customer and create company-wide awareness of the impact of costs.
  • Use specific tools that detect, prevent, and fix profit leaks.

Who Will Benefit?
Any employee whose job is to search for profit leaks or who is involved in improving work processes

Prerequisite: At least three years of experience in financial management

Advanced Preparation: None

About the Authors

Ron Rael, CPA

Sammamish, Washington

Ron Rael, CEO and founder of the High Road™ Institute works with individual leaders to be the best that they can be, and with organizations to have great leaders at all levels. Through the High Road Institute, Ron provides the tools, training, and coaching a person needs to become an outstanding leader.

Ron Rael, CPA, is a thought-leader for the CPA profession on high quality leadership and Controllership/CFO topics. His 40 years of industry experience comes from working in two fortune 500 companies, as well as from leading accounting teams in numerous closely held industry leaders. As a CPA, Ron knows that a successful accounting team needs a strong, courageous leader to develop accountable, contributing employees and assist the CEO to set the tone for high ethics and excellence. However you cannot be effective in this role with a dysfunctional accounting group. Ron shows you what it takes to have a cohesive, supportive, and interdependent team so you can have more time to support the CEO's drive for growth.

Consistently rated as an outstanding trainer, Ron is the developer of courses, webcasts, and self-study materials for 12 AICPA courses. His work has been published by numerous state societies and now CIMA. His extensive catalog of books and materials include topics such as: leadership, professionalism, customer service, budgeting, accountability, governance, negotiating, risk management, consulting, strategic planning, controllership, and role of the CFO.

Consistently rated as an outstanding trainer, Ron is the developer of courses, webcasts, and self-study materials for 12 AICPA courses. His work has been published by numerous state societies and now CIMA. His extensive catalog of books and materials include topics such as: leadership, professionalism, customer service, budgeting, accountability, governance, negotiating, risk management, consulting, strategic planning, controllership, and role of the CFO.

Ron is a graduate (summa cum laude) of National University and gained his credentials with KPMG and Moss Adams.

Ron is a graduate (summa cum laude) of National University and gained his credentials with KPMG and Moss Adams.



About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.