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PSA Finance & Accounting Committee: Recognize Burden and Overhead to Determine Profitability

  • Room: GS 15
Thursday,May 19, 2022:9:15 AM -10:15 AM

Speaker(s)

Panelist
Douglas Patete
Director of Finance
Preferred Technologies, LLC
Moderator
James Gallagher
Manager of Integrator Services
The PSA Network
Panelist
Markus Leghart
Controller
SAGE Integration
Panelist
Pete Keller
CFO
Integrated Protection Services

Description

Maximizing profits is the main objective for business owners and doing it accurately significantly helps increase those odds.  Recognizing burden and overhead is an important aspect of the business to measure to help increase the odds of maximizing profits.  In this PSA Finance & Accounting Committee session, a panel of industry peers will share their best practices and processes for recognizing burden and overhead.

Track(s)

Super Track(s)

Learning Objectives

1. Identify ongoing expenses associated with operating a business
2. Recognize key differences between burden rate and overhead expenses