Accounting KPIs (Key Performance Indicators) are measurements that help businesses to track their financial performance and identify success areas, areas of improvement, and any obstacles preventing the company from reaching their goals. These KPIs usually target elements that affect the overall operation of a business such as revenue, costs, customers, and risk management. Companies use KPIs to better understand their financial health, to optimize resource allocation and to ensure strategic targets are met. While Accounting KPIs vary from one industry to another, there are some common ones used across all businesses: profitability measure, expenses measurement, customer acquisition cost, inventory turnover rate, and cost of goods sold. By tracking these metrics, companies can better assess their progress and make informed decisions on how to go forward.