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Tracking Personnel Time And Costs For Budgeting

Tuesday, February 14, 2012 12:00pm - 1:00pm EST  
Host: SCRS Resource Guide Network

From the RxTi Webinar Series: Good Business Practices (GBP)

As organizations continue to tighten their belts and monitor every dollar spent, financial analysis becomes a critical part of management and team operations. By tracking personnel time and costs — evaluating projected profits and weighing them against projected costs — managers are better able to account for expenditures; create a budget based on relevant financial data; identify production costs and pinpoint waste; adjust marketing strategies; and make better business decisions.

You will learn:

  • Determine if it's cost-effective to launch new studies, scale back, or revise service lines
  • Avoid making unnecessary hires and track trends that may adversely affect cost
  • Accurately measure how study and company resources are being utilized
  • Create budgets and cost control programs that reflect the "real numbers"

Your colleagues-Registration fees are the same for individuals or entire team participation.

About your presenter:

Steven J. Graber, CPA, MS, CVA is the principle of Graber & Associates, Certified Public Accountancy. The firm, which was founded in July of 1993, provides complete tax services as well as financial statement preparation, financial projections, bank consulting, cash flow management, business valuation services and business development planning. These services are provided to a wide variety of businesses in the Baltimore Metropolitan Area. During his career as a Certified Public Accountant, Mr. Graber has built a reputation as an expert in tax and business consulting for self-employed businesses and owners of closely held corporations. He has been engaged in extensive tax research, tax planning and tax law compliance for the past 23 years. In 1994, Steve received his Masters Degree in Business Management from Johns Hopkins University.

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