General Accounting and Reporting Key Benchmarks: Telecommunications Industry

Prepared using data from APQC’s Open Standards Benchmarking® in general accounting and reporting, this article highlights key performance indicators (KPIs) for general accounting and reporting processes for organizations in the telecommunication industry.

Metrics provided include:

• total cost to perform general accounting and reporting,
• number of FTEs per $1 billion revenue to perform fixed asset accounting,
• the cycle time to perform the annual close at the site level, and more.