Personnel cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenue
This measure calculates personnel cost (compensation and benefits) to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenue. Personnel cost refers to employee personnel compensation (salaries and wages, bonuses, overtime and benefits) and fringe benefits (e.g. contributions made towards agovernment retirement fund for employees, workers compensation, insurance plans, savings plans, pension funds/retirement plans, stock purchase plans), and special allowances such as relocation expenses and car allowances. The process "manage (financial) policies and procedures" includes [Creating procedures to perform general accounting and reporting. Follow the rules and regulations made for a particular process in the business. Publish accounting policies. ]. 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.]. process "perform financial reporting" This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the process group "Perform general accounting and reporting".
Benchmark Data
25th | Median | 75th |
---|---|---|
- | - | - |

Compute this Measure
Units for this measure are dollars.
(Personnel cost to perform the process "manage policies and procedures" + Personnel cost to perform the process "perform general accounting" + Personnel cost to perform the process "perform financial reporting") / (Total business entity revenue * 0.001)