PPC's Guide to Management Letter Comments: Expense Reduction

PPC Guide to Management Letter Comments-Expense Reduction Recommendations on Checkpoint

One of the most often asked questions by public practitioners is “What kind of value-added service can I provide my audit clients that will give me a competitive advantage but will not significantly increase the cost of my audit?” The answer is practical cost cutting recommendations and PPC’s Guide to Management Letter Comments—Expense Reduction Recommendations can help you develop them. The Guide’s diagnostic checklist approach gives you the ability to quickly and efficiently identify potential expense reduction opportunities for your clients. Over 800 ready-to use example expense reduction recommendations are included. These recommendations could save your clients thousands of dollars, possibly more than the cost of your audit, and demonstrate your genuine interest in their financial success. The example recommendations were developed by experts with in-depth experience in 12 expense areas. Each recommendation provides proven guidance to reduce business expenses and increase a company’s bottom line. Where possible, additional information is included, such as vendor sources, prices, additional background information, and surveys to help you decide whether the recommendation fits your client’s situation. Management letters by their nature are negative in tone. They point out shortcomings of the client and suggest ways to correct deficiencies or strengthen internal control. This guide lets you include positive recommendations that have the potential to make your client more profitable.

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