Courses

Surgent's Risk Management Series: Managing Sales and Income to Reduce Risk(RSK5)

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Member Price: $0.00 Non-Member Price: $0.00

Date/Time:: Oct 15, 2018, 1:00pm–4:30pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
Level:: Intermediate

The primary risk of any organization is that it will become insolvent or go out of business. Obviously, many things can cause that to happen, and we need to manage those things as well as possible. While a simple concept, probably the most common risk is that the expenses will become more than income. This program looks at the income statement, starting with sales, and deals with how we can best manage both sales and expenses. At the same time, we will take a close look at how to reduce expenses without having a detrimental effect on income.

Objective

Understand how to increase sales and income without negatively affecting risk
Seeing the connection between certain operating expenses and risk
Understand how to increase efficiency and decrease risk at the same time

Highlights

Increasing sales without increasing risk
How sales incentives affect risks
Travel and entertainment expenses and risk
Production costs and risks
Controlling operating costs in an efficient and low risk manner

Designed For

Industry CPAs, controllers, and CEOs wishing to know more about risk management from a non-traditional standpoint viewing the entire organization; CPAs wishing to advise clients in risk issues

Prerequisite

Experience in financial management

Advanced Preparation

None