5min chapter

Work The System cover image

Improving a Struggling Business

Work The System

CHAPTER

Management Accounting Is All About Data Driven Decisions

management reporting is about looking at unit economics, homuch, the revenue and the cost of good sol on the stuff that you do on your unit. And how much do you sell it for? Because then you can quickly do a math to c ok,. If it's a ten dollar item and it costs five dollars to make, they're thinking, that's 50 cent. That's where management accounting is all about, riht data driven decisions.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode