What CPAs Need to Know About Profit Planning and Controlling

Cpeonline16 Apr, 2025Business

Profit planning is an essential function for any business aiming to achieve financial sustainability and growth. For Certified Public Accountants, understanding these processes is vital to providing value-driven insights and guiding clients or organizations toward their financial goals. This article delves into the core aspects of profit planning and controlling, emphasizing the strategies, tools, and metrics CPAs must master to excel in this domain, and where CPAs can take CPE courses on the subject.