Cats and Dogs and Weights

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PACE Moments

Profitability Center of Excellence

47 episodes

4 days ago

PACE Moments and Leaders in Business, brought to you by the Profitability Analytics Center of Excellence, brings you experts and thought leaders who discuss the many aspects of corporate finance and analytics that will help organizations make better, more informed decisions. Follow us on LinkedIn https://tinyurl.com/23jeub23 and visit our website https://tinyurl.com/rc79n25b for more information.

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Cats and Dogs and Weights

PACE Moments

6 minutes 48 seconds

2 years ago

Cats and Dogs and Weights

In this NEW podcast, Doug Hicks, CPA uses an excerpt from his book “Profitable Expectations: An Accountant Rising to the Challenge” to demonstrate an important point about using weights in modeling to better understand costs and get insights on your company. He does this through an excerpt from his book describing a discussion between an accountant and her mentor on using weights in modeling in a pet boarding company to better understand looking after cats and dogs, and how this impacts the cost to the company.

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