Percentage of FTEs that perform the process "perform general accounting" that perform the activity "process allocations"
This measure calculates percentage of full time equivalents (FTEs) that perform the process "perform general accounting" who perform the activity "process allocations". Allocations are distributions according to a plan. Depreciation, amortization, and depletion are all methods of allocating a cost to the periods benefited. The process "perform general accounting" includes [Applying basic principles, concepts, and accounting practices in recording and preparing final accounts, and using accounting information in management.]. The activity "process allocations" includes [Allocating funds across functions. Apportion funds in line with the budgets created. Formalize allocations in centralized internal records.]. This Supplemental Information measure is intended to help companies evaluate additional variables related to the activity "Process allocations".
Benchmark Data
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Learn about Membership| 25th | Median | 75th |
|---|---|---|
| - | 8.3% | - |
Compute this Measure
Units for this measure are percent.
(Number of FTEs who perform the process "perform general accounting" who process allocations / Number of FTEs who perform the process "perform general accounting") * 100
Key Terms
To calculate the number of full-time equivalents employed during the year for each respective process or activity, you must prorate the number of employees and the hours spent performing each process/activity. Assume that a full-time worker represents 40 hours per week. Provide the average number of full-time equivalents employed during the year for each respective process. Include full-time employees, part-time employees, and temporary workers hired during peak demand periods. Allocate only the portion of the employee's time that relates to or supports the activities identified for an applicable process. Prorate management and secretarial time by estimating the level of effort in support of each activity, by process.
For example, a part-time secretary in the finance department for XYZ, Inc. charges all of his time to finance department activities. He works 20 hours per week. The secretary splits his time evenly supporting employees working in the general accounting process and the financial reporting process. Thus, his time should be allocated by process. So, if he works throughout the year and supports these two processes, his time would be split evenly as:
20hrs/40hrs = .5FTE * 50% for general accounting = .25FTE for general accounting
20hrs/40hrs = .5FTE * 50% for financial reporting = .25FTE for financial reporting
Supplemental information is data that APQC determines is relevant to decision support for a specific process, but does not fit into the other measure categories such as cost effectiveness, cycle time, or staff productivity.