• Profit Centers, Capital and Responsibility Accounting

  • Jul 2 2021
  • Length: 1 hr and 3 mins
  • Podcast

Profit Centers, Capital and Responsibility Accounting

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  • Summary

  • Themes and questions Mike Vorster and I explore in this episode:
    - Technology and the value of simplicity
    - Should equipment be a profit center?
    - How often should rates be recalibrated?
    - Importance of competing profit centers
    - Capital Modeling
    - How can responsibility accounting impact your equipment fleet?
    Story: Importance of measurement: learn to fly by instrument
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