Project Management Accounting

In many companies, large and small, it often seems as though one area of a company does not know what is happen-ing in other areas or, in some cases, may even be working against other areas. The first book of its kind to specifically address the accounting side of project management, Project Management Accounting validates the role of accounting as an important ingredient in maximizing the profitability and ROI of any project, concisely covering the business issues related to project management.Providing a resourceful introduction to the interrelationships between finance, accounting, and project management, Project Management Accounting: Equips readers with a solid working knowledge of basic business practices Includes case studies to help readers understand how to analyze a company's financial information and how to apply proper accounting principals to a project Contains fundamental information on different areas of accounting and financial expertise, such as cost accounting and budgetingThis easy-to-follow guide enables readers to determine how project revenues and expenses affect a company's financial results and to make decisions about whether to continue with a project as planned, find an alternative solution, or scrap a project altogether. Filled with best practice guidance, this practical manual gets project managers quickly up to speed with the business savvy needed toward becoming top performing project management professionals.