DATA ANALYTICS FOR ACCOUNTING W/CONNECT
DATA ANALYTICS FOR ACCOUNTING W/CONNECT
1st Edition
ISBN: 9781260574449
Author: RICHARDSON
Publisher: MCG
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Chapter 7, Problem 1P

From Exhibit 7-5, choose 5 Financial Performance KPIs to answer the following three questions. This URL (https://www.linkedin.com/pulse/20130905053105-64875646-the-75-kpis-every-manager-needs-to-know) provides links with background information for each individual KPI that may be helpful in understanding the individual KPIs and answering the questions.

  1. a. Identify the equation/relationship/data needed to calculate the KPI. If you need data, how frequently would the data need to be incorporated to be most useful?
  2. b. Describe a simple visualization that would help a manager track the KPI.
  3. c. Identify a benchmark for the KPI from the Internet. Choose an industry and find the average, if possible. This is for context only.
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