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Retail Cost Accounting Can Be Misleading
Manage episode 392282967 series 2829840
Shelley E. Kohan에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Shelley E. Kohan 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Retail accounting provides a snapshot of real-time profit margins, but it may lead to an overstatement of profits since the practice is based on retail pricing.
With fluctuations in selling prices, is cost-based accounting really a better measure of performance for the retail industry?
Join Robin, Shelley and Paula Rosenblum, co-founder and managing partner of RSR Research, as they discuss why many companies are looking toward moving to cost-based accounting away from a practice that is centuries old. They debate how retail-based accounting, the industry standard, can be a dangerous practice and why should retailers be thinking differently.
For more strategic insights and compelling content, visit TheRobinReport.com, where you can read, watch, and listen to content from Robin Lewis and other retail industry experts, and be sure to follow us on LinkedIn and Twitter.
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