ANALYSIS OF EXPENSES.
ii NEED IN MODERN BUSINESS. 'pi®::.'.' "ADDRESS TO CREDITMEN'S CLUB. | Methods by which a more detailed m iheck could he kept on the business deal- - ings of any firm were given to members '''of the Auckland Creditmen's Club by J " Mr. W. Crawford Young, speaking at ( Milne and Choyce's Reception Hall this ; ; ' afternoon. The day was gone, Mr. 4 Young said, when a businessman could 2. ke content with the information given fa his profit and loss account and his $£•* balance-sheet to guide his next year's K operations. The "annual balance-sheet 5 and happy-go-lucky in between times" type had given place to one which Wanted a more careful analysis of his "■ position. |r'ii A general expenses account was not Sr;, touch good. Expenses should be i|: analysed out, and where possible a § separate account made for each item capable of classification. In that way each Section of the business was kept under / . the constant supervision of the head, :p ; and small losses were more readily disiovered and remedied.
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Bibliographic details
Auckland Star, Volume LXII, Issue 148, 25 June 1931, Page 21
Word Count
171ANALYSIS OF EXPENSES. Auckland Star, Volume LXII, Issue 148, 25 June 1931, Page 21
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