Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 9 March 2004
Length: 5 pages
Data source: Generalised experience
Abstract
The president of a small consulting firm has just seen his second-quarter profit and loss statement, showing an increase in revenues but a substantial decline in profits. He asks his chief financial officer to explain the results. The CFO works hard to accumulate information to explain the impact of the quantity of billed hours, billing rates, consultant expenses, operating expenses, and the shifting mix of business between the two principal product lines.
Industries:
Size:
USD3 million revenues, 113 employees
Other setting(s):
1990-1999
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 29 May 2007
Length: 15 pages
Data source: Generalised experience
About
Abstract
The president of a small consulting firm has just seen his second-quarter profit and loss statement, showing an increase in revenues but a substantial decline in profits. He asks his chief financial officer to explain the results. The CFO works hard to accumulate information to explain the impact of the quantity of billed hours, billing rates, consultant expenses, operating expenses, and the shifting mix of business between the two principal product lines.
Settings
Industries:
Size:
USD3 million revenues, 113 employees
Other setting(s):
1990-1999
Related
Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 29 May 2007
Length: 15 pages
Data source: Generalised experience