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CPE Self-Study

Analyzing Costs, Productivity, and Efficiency: Three Ways to Boost Your Bottom Line

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, creating transparency, and becoming a more efficient organization. Explore different methods to see how easily you can put them to work.

Learning Objectives

This course will prepare you to:

  • Use specific tools that detect, prevent, and fix profit leaks
  • Identify an organization's strategy and how it drives costs, along with characteristics of a successful profit leak prevention program
  • Recognize how an organization's cultural norms hide or detect profit leaks
  • Calculate the cost of employee turnover
  • Apply feedback to improve the quality of decisions and mend fractures in an organization's culture mosaic

Key Topics

  • Profit leaks and ways to identify and prevent them
  • Characteristics of a successful profit leak prevention program
  • How an organization's culture affects employee interest in detecting and preventing profit leaks
  • Analyzing cost drivers
  • Using feedback to improve productivity
  • Tools to eliminate profit leaks
  • Ways to improve internal processes to maximize effectiveness

Who Will Benefit?

  • Any employee whose job is to search for profit leaks or who is involved in improving work processes

Discounts

CGMA designation holders qualify for additional discounts on this product. In order to receive your special pricing, you must be registered and signed in. View the complete list of development products available on CGMA.org.

System Requirements

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

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 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 specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.