Focusing on Profitability

Posted on by Randy

Focusing on ProfitabilityThe primary mission of a business should be long-term, sustained profitability not just revenue growth. “Profitability is a measurement of efficiency.” It is ultimately the deciding factor in the success or failure of a business. It is expressed as a relative not an absolute amount.

Profitability is the ability of a business to produce a return on an investment based on the utilization of its resources in comparison with an alternative investment over a defined period of time. Although a company can realize a profit, this does not necessarily mean the company is profitable.

Revenue versus Profit Growth

Revenue minus expense equals profit. More revenue from sales does not always mean more profit. Revenue is only part of the equation. A business must keep their costs as low as possible to make sure it is maximizing its profits. How do you maximize profits?

The key is to answer some very important questions about your business relative to your industry. Some of these questions are as follows:

What is the state of your industry relative to the overall economy?

How big is your market opportunity and how fast is it emerging?

Is your business privately owned or backed by venture capital?

Is your organization the first supplier in the marketplace?

Does your firm have patents, trademarks or a significant amount of product complexity to protect your market position?

Do you have a competitive advantage in the industry that you can increase overtime?

Sustained Profitability

Many organizations depend on revenue growth to drive the scale of the business. The real determinant of growth is creating long-term profitability through increasingly efficient operations. This point is demonstrated in a Pacific Crest Group (PCG) case study that highlights a “Bay Area Oncology Clinic.” The largest impact in increasing profits reside in the inflection points which exist in the company’s growth curve. In this particular case, PCG found the best course of action was to establish an in-house pharmacy that specializes in new oral medications for cancer patients. These types of drugs are normally only available from specialty pharmacies.

Building a New Business Model

Pacific Crest Group helped establish new partnerships with vendors who distributed these drugs. New agreements were forged with insurance companies to help cover the costs of prescriptions. In the end, profits increased as a result of the new business model, assistance in hiring a new pharmaceutical technician well versed in this area of the business and upgrading their accounting system with performance tracking abilities to provide easy access to data for real-time decision making.

Pacific Crest Group (PCG) provides professional services that keep your business focused on your critical objectives. We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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2016 Wage and Hour Update: Don’t Get Caught Unaware!

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2016 Wage and Hour Update: Don’t Get Caught Unaware!Pacific Crest Group thanks Shane Anderies, Esq. for the following wage and hour law updates.  Shane is a very experienced employment litigation attorney.  He represents employers in all aspects of work place law.

Please contact Mr. Anderies with Anderies & Gomes at andgolaw.com regarding questions about employment law.

2016 brought several significant developments in wage and hour law.  Below is a brief summary:

Minimum Wage Increases

Both State and local minimum wages increased.  California’s minimum wage is now $10/hour, which not only increases a nonexempt employee’s hourly and overtime wages but also increases the salary minimum for exempt employees.  Employers should also make sure that they are complying with local minimum wages, which often significantly exceed California’s minimum wage.  Berkeley, El Cerrito, Emeryville, Mountain View, Oakland, Palo Alto, Richmond, San Francisco, San Jose, Santa Clara, and Sunnyvale all have their own minimum wages.

Equal Pay Act Expansion

Employers are prohibited from paying women less than men for performing “substantially similar work, when viewed as a composite of skill, effort, and responsibility.”  This is a much broader standard than California’s previous law regarding equal pay.  The new law also prohibits employers from preventing employees from discussing their wages and imposes additional recordkeeping requirements.

Expense Reimbursement Developments

Two significant developments regarding expense reimbursement include: (1) the IRS mileage rate decreased to $.54 and (2) the Division of Labor Standards Enforcement (DLSE) can now issue awards for expense reimbursement.  Previously, an employee had to file a lawsuit to recoup unpaid expenses; now, he/she may file a claim with the DLSE, which is a much simpler process.

Four Ways to Provide Paid Sick Leave

Effective July 1, 2015, employers had to provide paid sick leave to employees who worked at least 30 days per year.  To comply, employers may:

  1. Provide one hour of paid sick leave for every 30 hours worked; or
  2. Use an accrual rate that will give employees at least 24 hours or three days* of sick leave or PTO by the 120th calendar day of employment; or
  3. Use an accrual rate that will give employees at least 24 hours or three days of paid sick leave by the 120th calendar day of employment; or
  4. Give employees a lump 24 hours or three days of paid sick leave at the beginning of each year.

*Note: per the DLSE, “three days” means at least 24 hours but possibly more, if an employee regularly works more than eight hours per day.

Additional Protections for Piece Rate Employees

Employers must now pay piece rate workers additional pay for non-productive, compensable time and rest periods, and show such time and associated pay separately on paystubs.

Time Spent Commuting in Company Vehicles May Be Compensable

If employees are required to use employer provided transportation during their commute from home to their first work assignment, such commute time may be compensable work time.  If, however, employees are not required to use employer provided transportation, the time is not compensable, regardless if they ultimately use the employer provided transportation.

Wage Theft Bill Increases Liability for Employers

Employers found to have violated wage payment laws can be required to post a bond of at least $50,000 to continue doing business in California, and the Labor Commissioner may seek liens on an employer’s property or a levy against a violating employer’s bank accounts.  Individuals deemed “responsible” for an employer’s wage and hour violations may be held personally liable.

Pacific Crest Group (PCG) provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Increase Employee Productivity

Posted on by Randy

Increase Employee ProductivityIncreasing employee productivity consists of excellent Leadership, Communication, Training, Motivation, Conflict Resolution and Evaluation skills.

Leadership

People can not achieve their full potential without effective leadership. Successful leadership is comprised of trust, motivation, planning, delegation of authority and the development of policies and procedures that document best practices.

Communication

Communication is essential in increasing productivity.  Listening, delivering clear messages and encouraging two-way communication is fundamental.

Training

Training involves a systematic approach, patience and an honest evaluation of whether the training has been effective in producing the desired results.

Motivation

Employee motivation helps the company accomplish its goals and at the same time assists people in attaining their career goals.  It is management’s responsibility to create and maintain an environment where employees feel motivated to perform at their highest level.  Understanding and satisfying workers’ needs, compensating fairly and treating people equitably is paramount in providing positive motivation.

Conflict Resolution

In work environments, conflict can be inevitable.  Management must be adept at handling conflict.  The human tendency to postpone conflict resolution only results in more severe problems later.  Strategies and systems must be developed and followed consistently that build trust between management and employees.

Evaluation    

Employees want to hear from management about their performance.  Managers must make sure their evaluations are clear, fair, consistent and timely.  The evaluation period is the best time to listen to employees needs in order to enable them to be more productive.

Increased Productivity

A great case study on increasing productivity is Pacific Crest Group’s (PCG) “Providing Outsourced Human Resources Support to Increase Operating Efficiencies.” PCG implemented a time tracking system to track Key Performance Indicators (KPI). This resulted in metrics to gauge employee performance.  It established a standard billable hour which simplified billing and indentified top performing employees.  Pacific Crest Group also provided Executive Search services to find a new Controller and ongoing Human Resource (HR) advisory support to address staffing issues.  A procedures manual was written to document what was done so the client could use it as a reference for the future.

Pacific Crest Group (PCG) provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Five Ways to Accelerate Cash Flow

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Five Ways to Accelerate Cash FlowChief Financial Officers (CFOs) must master more than cash flow and revenue models. They must be strategic partners in the business.  According to IBM’s Global CFO Study, there is a growing gap between the importance of financial responsibilities and broader strategic questions that affect a company’s long-term success. The importance of integrating information has more than doubled while the priority of risk management has risen a startling ninety-three percent.  Nearly half the CFOs say their organizations are not effective in the areas of strategy, information integration and risk and opportunity management.

One of the most important ways a Chief Financial Officer can make their company more competitive is by accelerating cash flows according to the book “The Strategic CFO – Creating Value in a Dynamic Market Environment” published by the Wharton School of Business at the University of Pennsylvania. The following five strategies are just a sampling of some of the techniques used by many CFOs today.

Prepare a Cash Budget

Prepare a monthly cash budget with weekly forecasts to track actual cash against projections.  This tool will enable you to better control where your money is going when and help you prioritize future expenditures.

Consolidate Purchasing

Centralize purchasing for your firm within major profit and loss centers.  This process reduces administrative costs.  Standardized purchasing policies and systems promote efficiency by preventing duplication of efforts.  When negotiating with your vendors, agree on the price of the goods and services first then negotiate as favorable payment terms as you can get.

Utilize Multiple Suppliers

Prevent costly supply disruptions which can bring sales and cash flow to a full stop.  Use multiple suppliers for critical items whenever possible.  Know your suppliers’ financial status so you can alleviate potential disruptions before they happen.

Turn Inventory into Fast Cash

Turn slow moving inventory into cash by discounting it to move quickly or by returning it to the vendor.  Record any damaged inventory right away.  This can save cash if the damaged merchandise was not sold.  Unsold inventory can be written off as a loss for income tax purposes.

Focus on Return on Investment (ROI)

The link between your invoicing and cash flow is paramount.  Streamlining your accounting system to make sure you can measure the profit on each item sold and each service rendered is critical.  This makes it easier to measure your ROI and makes your customers happier as well because you are more efficient in your accounting operations.  See the Pacific Crest Group (PCG) case study titled “Accounting Challenge for Local Professional Services Company” for more ideas on successful cash flow management strategies.

Pacific Crest Group (PCG) provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Increasing Profits Based on Key Performance Indicators

Posted on by Randy

Increasing Profits Based on Key Performance IndicatorsOne of the best ways to monitor your company’s financial health and to increase its profitability is to use Key Performance Indicators (KPI).

Benefits of Key Performance Indicators

Stockholders, investors, customers and competitors use financial data to measure the profitability and sustainability of your business model.  Make sure your critical financial key performance indicators are working for you rather than against you. The Advanced Performance Institute has a wealth of information on the use of KPI in guiding your business.

Current Ratio Test

Your company’s current ratio is a great example of a very useful financial key performance indicator. The current ratio is your current assets (for example cash and accounts receivable) divided by your current liabilities (such as accounts payable due in thirty days or less). This metric measures the ability of your organization to pay its current debts within a defined time period of normally one year or less.

For example, if your company has $22,500 in cash and $15,000 in accounts payable due in thirty days, your current ratio would be 1.5:1 ($22,500 in cash divided by $15,000 in accounts payable). A high current ratio indicates solvency and sustainability. A current ratio of between 1.5:1 and 3:1 is considered healthy.

A current ratio of less than one indicates your company would not be able to meet its current financial obligations within the next thirty days. This could be because of a cash flow problem due to the business funding growth using its savings or accumulating debt.

If your current ratio is more than three to one, it could indicate your company is holding excess cash instead of investing it back into your business. This will significantly slow the growth of your organization.

The current ratio KPI provides owners, investors and financial professionals a significant amount of information about the efficiency of your company’s business. It answers the crucial question: “Is your business able to generate a constant revenue stream with consistency over a specific period of time?”

Client Quadruples Profits

Blue Frog Quadruples Profits by Tracking Key Performance Indicators” is an excellent example of how Pacific Crest Group used a “Revenue-to-Staffing” KPI strategy to show a client how to better manage their cash flow.  This resulted in tremendous business growth almost immediately for them.

Pacific Crest Group (PCG) provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Seven Components of a Clearly Written Job Description

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Seven Components of a Clearly Written Job DescriptionAll employees in your company need to understand what is expected of them and how their success will be measured from the first day of their employment.   A job description fulfills this requirement like no other employment tool.  It guides the hiring, ongoing evaluation and potential termination of each employee no matter what position they occupy.

Components of an Excellent Job Description

The “Purpose Statement” is normally two to four sentences that describe why the job is important to the success of the company.

An “Environment and Culture” section describes the physical attributes of the job location (office, outside job site or phone center) and the personality (culture) of the job and the people that work there.

Your “Function” portion is usually the most detailed.  It describes what duties need to be performed and when.  It should be as clear as possible about the tasks that the employee must perform each day.   Will the position include interactions with the public, your customers or internal personnel?   What are the priorities of the activities to be performed?

A “Requirements” area must detail what education, technical skills and prior experience is required for the job and why those requirements are important.

“Responsible Parties” section provides details on who the employee reports to in the organization and when.  It should provide the employee with an organization chart when necessary and how the employee’s activities impact the company in the big picture.

A “Performance Measurement” portion must be as specific as possible.  Define what is most important for the employee and the organization.  Describe the type of activities and requirements that will enhance the future success of the business.   Provide details on when evaluations will take place, who will give them and if any advance preparation is required.

The “Compensation and Benefits” area can include either a specific compensation amount or a range if the position is based on reaching certain performance levels or seniority.  If your company uses salary grades, be clear about what needs to be done to reach each level.  Are any employee benefits offered such as bonuses, retirement packages, vacation time, cars or special recognition?  What needs to be done to receive the benefits and when are they available?

Benefits of a Clearly Written Job Description

A clearly written job description can literally save thousands of dollars in potential litigation costs.  A succinct example of this is presented in the Pacific Crest Group (PCG) case study “Why You Need Well-defined Job Descriptions.”

Pacific Crest Group (PCG) provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Business Succession Planning

Posted on by Randy

Business Succession PlanningMany of America’s twenty-eight million small business owners are either very late in planning for the transition of their companies or have no plan at all.

It is not just small businesses that have this challenge. Thirty-five percent of Fortune five-hundred organizations are private or public companies controlled by a small group of different families. Family owned entities account for a staggering fifty percent of U. S. Gross Domestic Product (GDP), sixty percent of all American jobs and nearly eighty percent of all new jobs created.  The performance of the leaders of these businesses determine the fate of the world’s largest corporations, dictate the course of national economies and ultimately influence every person’s standard of living globally.

Ending the CEO Succession Crisis” in the Harvard Business Review stated “almost half of companies with revenue greater than $500 million have no meaningful CEO succession plan.”

Whether the business is run by a single owner, a family or a corporate Board of Directors, it is clear the failure to plan for the transition of organizations has reached epidemic proportions.  What are the key elements of a successful succession plan?

Establish Goals and Objectives for the Transfer

Develop a collective vision, goals and objectives for the succession process.  Determine the importance of continuing with the current leadership or bringing in professional management.  Review the cash needs of the retiring owners. Identify and retain a team of professional advisors for the entire transition.

Build a System for Making Decisions

Identify who will make what decisions and how they will be made.  Construct a method for dispute resolution.  Document the succession plan and all decisions in writing.  Communicate the plan to all the stakeholders (owners, leadership, family members, employees and stockholders).

Design a Business and Owner Estate Plan

Review any existing estate plans to make sure they avoid delays in the transfer of stock or ownership to the new owners. Produce a buy/sell agreement that properly reflects the value of the business and minimizes any applicable taxes in the transfer.  The value of a business is usually based on some type of an earnings capitalization model.

Create the Transition Agreement

Consider all the options. Is it best to allow for an outright purchase, employee buyout, gift/bequest or some combination of these?  If the business is to be purchased, consider the financing requirements.  Will the money come from an external party, self-financed from retiring owners, deferred payout basis or some other method?  What is the timeline for the implementation of the financing?

A great example of developing your employees to take over a business is described in the posting “Employee Development Strategy for Succession Planning” by the Pacific Crest Group.  It outlines clearly some very important aspects to take into consideration in your planning.

Pacific Crest Group (PCG) provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Using Cost Accounting to Make Sound Business Decisions

Posted on by Randy

Using Cost Accounting to Make Sound Business DecisionsCost Accounting is a great tool to be used for both product and service type businesses.  It is the process of collecting, analyzing and summarizing data to be used in evaluating various alternative courses of action.

The system involves the recording of all the costs incurred in a business in a way that can be used to improve profitability. Its goal is to advise management on the most appropriate path to maximize efficiencies. The system must provide the detailed cost information that management needs to control operations and plan for the future in a given environment.

According to the Financial Accounting Standards Board, cost accounting systems are not subject to Generally Accepted Accounting Principles (GAAP) when they are used internally by businesses and are not required to be used in the preparation of Financial Statements for the public.  As a result, there is a wide variety in the cost accounting systems used in different companies and sometimes even in various departments of the same organization.

The most effective cost accounting systems are the type that track the costs of producing a product or service, predict cost behaviors and set prices.

Calculating the Costs of Producing a Product or Service

A good method to compute the cost of each unique item produced or service rendered is called Activity Based Costing (ABC).  This approach is based on analyzing the costs of materials and labor as well as estimating factory overhead based on the specific activities performed to produce the goods or services rendered.

Predicting Cost Behaviors

Management must have a good idea about how costs will “behave” at different levels of operations.  If production increases, will costs go up, down or remain the same?  Once the behavior of costs is known, the ability to make cost predictions is significantly improved.

Setting Prices

Prices are generally set in competitive markets by the laws of supply and demand.  However, if a company produces a product or service that is unique, designed to meet specific customer requirements or is protected by intellectual property laws like a copyright or patent, the business can charge substantially more for this type of product or service.

Which system is best for your business?  Pacific Crest Group (PCG) answers this question in the posting “Accounting Challenge for Local Professional Services Company.” PCG designed and implemented a new time and expense tracking system to measure profit and track the costs of projects in process.  It also created a uniquely integrated invoicing system to simplify billing.  The system allowed senior management to focus on sales, client service and expanding the business rather than being consumed in the details of managing the production of those services.

Pacific Crest Group provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Employee Engagement Drives Profitability

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engaged employees2A study by the Federal Reserve Bank of Boston found that seventy percent of U.S. workers are either “not engaged” or “actively disengaged” in their work.  This represents an estimated $450 to $550 Billion loss in productivity each year.

Four main ingredients go into increasing employee engagement according to the article “Employee Engagement and Corporate Social Responsibility” published by the U.C. Berkeley Hass School of Business California Management Review.  They are aligned goals, meaningful work, challenging assignments and recognition.

Aligned Goals

Research shows that an employee’s relationship with his or her direct manager is the single most important factor influencing employee engagement.  The extent that management is able to communicate the importance of aligning employees’ goals with the long-term objectives of the company is critical to the success of their working relationship.  It is imperative that every employee understands how the work they do supports the company’s mission.

Meaningful Work

Managers must individualize work assignments based on the employee’s strengths, interests, career aspirations and personal development goals in mind.   What makes work meaningful to workers is understanding the impact it has on the company’s customers.  When employees believe their work improves customers’ lives, they are inspired to do their best and a sense of accomplishment permeates the team culture.  This clearly deepens the importance of the work each employee provides to the business overall.

Challenging Assignments

Businesses need the maximum contribution from all their employees.  A mutually beneficial work relationship builds trust and helps teams adapt to changing priorities.  Being flexible and agile in the face of constant change in a global economy is paramount in increasing profitability.

Employees want work that stretches them.  They want to feel highly valued.  Managers must be willing to assign challenging work to all the members of their team in order to increase their skill levels.  Workers who believe their manager is there to help them are motivated to do their best work.  Authentic, small actions can make a big difference in increasing their confidence.

Recognition

Seventy-eight percent of employees cited recognition as the main motivating factor in their careers.  Pacific Crest Group’s posting “The Best Employee Incentive is Recognition” reinforces this point.  Overwhelming evidence shows that monetary incentives are not as effective as a positive relationship between employers and their workers.  Employees perform best when they feel the company cares about them and is willing to listen and implement their ideas.  Investing in your employees’ success will yield the highest returns.  Show your employees you appreciate their hard work.  A little bit of praise can go a long way.

Pacific Crest Group provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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Accounting Fraud Cases Have Risen Dramatically

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accountingFraudThe “Accounting Class Action Filings and Settlements” report by Cornerstone Research shows allegations of accounting cases involving fraud has surged forty-seven percent in securities class action lawsuits since 2013.  This includes a forty-six percent increase in enforcement cases brought by the Securities Exchange Commission (SEC) for the 2013-2014 fiscal year.  An “accounting case” refers to allegations involving not following United States Generally Accepted Accounting Principles (GAAP), auditing violations or weaknesses in internal controls in financial reporting.

Incorrect Accounting Practices and Procedures

In 2014 alone, sixty-nine new cases were filed by the SEC involving accounting fraud compared to forty-seven cases in prior years.  Seventy percent of the settlements from Security Exchange Commission filings involved accounting cases.  More than one in four of these filings referred to an SEC inquiry or action. This is the highest level since 2010.  The share of total settlement amounts received in accounting cases rose from twenty-five percent to eighty-five percent in just one year.

Ultimate Role of Accounting

According to Charles Lee, Professor of Accounting at the Stanford Graduate School of Business, “The role of accounting…is to provide a common language and a consistent set of reporting rules that everybody understands in the same way. The market has come to rely on accountants as the keepers of economic history” and as a basis for determining the market value of a business.

Predicting Company Earnings   

The most important component of a company’s market value is based on the expectations of its future earnings.  Accounting reports should provide investors and other interested parties reliable information they can use to make their own forecasts of future earnings growth. Yet, ironically, the number of complaints filed against businesses as a result of internal control weaknesses leading to overvaluations has been higher than in any of the previous five years.  What can be done about this problem?

Strengthening Internal Controls

Pacific Crest Group highlights some key areas to review in your internal control systems in its posting “Accounting Policies and Procedures.”  For example, it is critical that you test for risks and weaknesses in your procedures in advance.  Isolate flaws and work on implementing improvements right away.  If cash flow is a problem, look for delays in billing cycles, ineffective payment terms or chronic late paying customers.

Make sure you have documented checks and balances for each accounting process.  Do not have the same person perform multiple accounting functions that are not reviewed by at least one or more other professionals.  The mere fact that each step may be checked by an independent and objective party can be a huge deterrent in potentially fraudulent behavior.

Follow up on any complaints from customers, vendors and financial service providers regarding inefficient accounting policies or procedures immediately.  These can be early warning signals to big problems looming in the future.

Pacific Crest Group provides professional services that keep your business focused on your critical objectives.  We provide strategic Accounting and Human Resource (HR) services created specifically to help you meet your goals. Through exemplary customer service, clearly defined policies and procedures as well as a forward looking perspective, we provide the outsourced solutions that your business needs to grow. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed to maximize all of your business opportunities.

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