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

Lock

Sorry! Not all users have access to all of our resources.

Want to unlock access to all of our resources?

Learn about Membership Arrow with stem
Measure Category:
Cost Effectiveness
Measure ID:
108825
Total Sample Size:
2,865 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No
Sample image showing interactive filters for more detailed measure peer group data and an interactive graph.

Compute this Measure

Units for this measure are dollars.

Back to Top
(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)

Key Terms

There are no key terms associated with this measure.
Back to Top

Measure Scope

Back to Top

Cross Industry (7.4)

  • 9.3.1 - Manage financial policies and procedures (10747)
    • 9.3.1.1 - Negotiate service-level agreements (10815)
    • 9.3.1.2 - Establish accounting policies (10816)
    • 9.3.1.3 - Publish accounting policies (20604)
    • 9.3.1.4 - Set and enforce approval limits (10817)
    • 9.3.1.5 - Establish common financial systems (10818)
  • 9.3.2 - Perform general accounting (10748)
    • 9.3.2.1 - Maintain chart of accounts (10819)
    • 9.3.2.2 - Process journal entries (10820)
    • 9.3.2.3 - Process allocations (10821)
    • 9.3.2.4 - Process period end adjustments (10822)
    • 9.3.2.5 - Post and reconcile intercompany transactions (10823)
    • 9.3.2.6 - Reconcile general ledger accounts (10824)
    • 9.3.2.7 - Perform consolidations and process eliminations (10825)
    • 9.3.2.8 - Prepare trial balance (10826)
    • 9.3.2.9 - Prepare and post management adjustments (10827)
  • 9.3.3 - Perform fixed-asset accounting (10749)
    • 9.3.3.1 - Establish fixed-asset policies and procedures (10828)
    • 9.3.3.2 - Maintain fixed-asset master data files (10829)
    • 9.3.3.3 - Process and record fixed-asset additions and retires (10830)
    • 9.3.3.4 - Process and record fixed-asset adjustments, enhancements, revaluations, and transfers (10831)
    • 9.3.3.5 - Process and record fixed-asset maintenance and repair expenses (10832)
    • 9.3.3.6 - Calculate and record depreciation expense (10833)
    • 9.3.3.7 - Reconcile fixed-asset ledger (10834)
    • 9.3.3.8 - Track fixed-assets including physical inventory (10835)
    • 9.3.3.9 - Provide fixed-asset data to support tax, statutory, and regulatory reporting (10836)
  • 9.3.4 - Perform financial reporting (10750)
    • 9.3.4.1 - Prepare business unit financial statements (10837)
    • 9.3.4.2 - Prepare consolidated financial statements (10838)
    • 9.3.4.3 - Perform business unit reporting/review management reports (10839)
    • 9.3.4.4 - Perform consolidated reporting/review of cost management reports (10840)
    • 9.3.4.5 - Prepare statements for board review (10841)
    • 9.3.4.6 - Produce quarterly/annual filings and shareholder reports (10842)
    • 9.3.4.7 - Produce regulatory reports (10843)
    • 9.3.4.8 - Perform legal and management consolidation (14074)