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

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

  • Customer Rating
    Not Yet Rated
  • Field of Study
    Management Services
  • Level
    Intermediate
  • Credits
    4
  • Qualifies for

    CPE

Overview

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.

Major Topics:

  • 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

Learning Objectives

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

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

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
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