Business Intelligence Center

Monitoring Project Cash Flows

Free registration is required

Abstract:: This article examines criteria for determining a final project balance sheet and cash-flow statement and the logic of project-based planning that make it possible to refine cash-flow forecasting, using the data contained in the IT and accounting system. Corporate accounting models usually do not provide for a specific project balance sheet: while the P&L impact is attributed to each project, the balance-sheet item is associated with the customer/supplier with no indication of the project. Upon issuing an invoice, the revenue is allocated to a specific project, while the receivable is associated with a customer, who may have commissioned multiple works from the engineering company.

DETAILS: Sponsored by:; Posted: February 21, 2008; Length: 8 pages; Format: PDF (567 kb); Email this abstract; These white papers are not created by the CFO.com editorial staff. In order to view these papers, you must register with CFO.com and agree to share your contact information with related product/service companies.

Most Recent Accounting Articles: Accounting for Concern; Has the Crisis Ended the Fair-Value War?; Why Gannett's Tax Appeal Was Shot Down

» More Accounting stories from CFO.com