What are KPIs and how to use them in accounting

There is a lot of knowledge that can be shared. By any entrepreneur, but every area faces its own obstacles . That doesn't change when...
There is a lot of knowledge that can be shared. By any entrepreneur, but every area faces its own obstacles . That doesn't change when we're talking about an accounting firm – which is also a business. As such, every accountant needs to know what KPIs are. KPIs (key performance indicators) are ways of analyzing the evolution and, as the name says, the performance of a business. For example, in a bakery, the number of loaves sold per day is an important KPI. The amount of flour use is another. There are a number of key performance indicators that an...