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500-051 - Key Performance Indicators for Accountants

This paper analyses what are Key Performance Indicators, makes particular comments applicable to an accounting business and identifies some suggested KPIs that should be monitored by an accounting business on their own performance. The paper is presented under the headings: What Are Key Performa ...Read more
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This paper analyses what are Key Performance Indicators, makes particular comments applicable to an accounting business and identifies some suggested KPIs that should be monitored by an accounting business on their own performance.

The paper is presented under the headings:

  • What Are Key Performance Indicators? (KPIs)
  • Definitions For KPIs
  • Understand The "Financial State Of Health" Of The Business
  • Why Measure?
  • Focus On Long Term Economic Value And Strategic Benefits To The Organisation
  • Why Does The SME Exit - What Are Its Goals?
  • A Successful Accountancy Business Must Have A Competitive Advantage
  • Who Can Influence The Future Of The Accountancy Business?
  • Outcomes That Stakeholders Are Looking For In An Accountancy Business
  • Maintaining A Competitive Advantage
  • Creation Of Value And Improvement
  • Categories Of Performance Measures
  • What Should Be Measured
  • Performance Measurement Objectives
  • The Balanced Scorecard (Kaplan & Norton)
  • Developing An Effective Performance Management System
  • Check List Of KPIs That Might Be Suitable For An Accountancy Business
  • Selection Of KPIs