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> should all be charged back to the departments I had this fight with my last CEO. She put anything tech-related under my budget. Worked with accounting to sho
by tomnipotent 5y ago
> should all be charged back to the departments
I had this fight with my last CEO. She put anything tech-related under my budget. Worked with accounting to show what the budget would look like if expenses were correctly attributed, and suddenly I wasn't spending so much money anymore.
Reason she didn't want to change it? So they didn't have to explain why expenses changed so much quarter-to-quarter during the next board meeting.
- maverick-iceman 5y ago> Reason she didn't want to change it? So they didn't have to explain why expenses changed so much quarter-to-quarter during the next board meeting. Seems like a win-win. Now she knows the reality of the enterprise and is okay with the expenses but she feels that investors would be bothered by it, so better not change anything in order to avoid having to answer their questions
- xarope 5y agoI did that when I was CIO at a non-tech firm; all IT costs for hardware, software and services (including ISP lines) were apportioned to the various floors and depts by seat basis. 10 years later, my ex-CFO still thanks me for what I did, and wish I was still with the company.