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STRATEGY
AN APPROACH TO REDUCING ACCOUNTINGCOSTSFOR SMALL BUSINESSES. GregoryBushong, Ph.D., CPA, CMA Wright State University David W. Cornell, Ph.D., CPA, CMA
University of Missouri Kansas CityABSTRACT
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What is an approach to reducing?
An approach to reducing is a method or strategy used to decrease or minimize something, such as costs or waste.
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Any individual or organization looking to reduce something is required to file an approach to reducing.
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To fill out an approach to reducing, one must clearly outline the steps or methods they plan to use to achieve the reduction goal.
What is the purpose of an approach to reducing?
The purpose of an approach to reducing is to provide a roadmap for achieving a reduction goal and to track progress towards that goal.
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Information such as the current status, the target reduction goal, the strategies to be used, and the expected timeline must be reported on an approach to reducing.
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