can anyone plz help me wid analysing operating expenses like repairs and maintenance, AMC of fixed assets?? as in what can be the cost drivers n how to proceed with the analysis with those drivers?? i wana analyse as to what can be the cost optimisation techniques and what are the factors due to which cost arises.. can anyone throw some light on it as to how to do it and also what can be the questionnaire related to costs which i can ask the concerned user heads.. its really urgent :(
Menu
Cost analytics
Replies (1)
First you should prepare an ARP.. i.e simply see whether the expenses are in normal limits wrt the Sales/ Production etc as the case may be..
Then start off by analyzing the abnormal costs...
try to find all factors that can act as cost drivers... if there is a costing department, try getting data for 2-3 periods and try to come down to lesser possible cost drivers options
An Excel sheet will b of great help..
Cost optimization would mean cutting out the unnecessary expenses.. just keep an eye on the number of breakdowns... their intervals... the standard data on the same.. etc... you get to know where to go.. once you have started in the right direction....
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
