General Accounting and Reporting Key Benchmarks: Services Industry

Published On:
November 06, 2024
Authored By:
APQC
Members-Only Content:

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 services industry.

Metrics provided include:

  • total cost to perform general accounting and reporting,
  • number of FTEs per $1 billion revenue to perform fixed asset accounting,
  • cycle time to complete the monthly consolidated financial statements, and more.