You have demonstrated an ability to regularly monitor and report on financial performance by managing and evaluating the company's financial transactions to demonstrate the organisation's viability to the accountant and lending authority. Phillip has now requested an overview of how financial performance will be monitored against industry benchmarks and the amendments that may be required to increase performance.

Identify the key performance indicators that will guide the company's continued viability and success of the financial business plan.

What will this be?

Answer rating: 100% (QA)

To monitor financial performance against industry benchmarks and identify areas for improvement the company should track key performance indicators KPIs relevant to its operations and financial object... View the full answer