Activity Based Costing Example with Excel In any business that is serious about strict budgeting, activity based costing can be useful. The reason why activity based costing is necessary is because it helps you as manager to see the true cost of what an activity is worth. By looking at the resources and the amount … Read more
Advantages of ABC Activity Based Costing Keeping your project’s budget under control can at times be a difficult job to get done. Sometimes you might estimate then make a prediction that your project is totally on budget. Next when you see your actual outcome it was either over or under budget. This can affect your … Read more
Balanced Scorecard Performance Measurement Examples Performance measurement is an important aspect of a balanced scorecard. One of the main reasons why is simply because it’s not enough to just set objectives. It would just make your balanced scorecard incomplete. If you just set objectives like that you will never know when that objective is met. … Read more
Business Analysis Valuation Financial Statements At times analyzing companies is no easy job. Despite the fact that the top analysts at Wall Street usually rake in millions yearly there is always a lot of pressure on their shoulders to perform. One mistake even in a single value can cause a hedge fund, bank or other … Read more
Cash Flow Statements Examples in Excel Cash flow statement is a necessary part of any financial report. It helps to give stakeholders and executives an inside look on how well the company is receiving cash and how well they are using it to operate their business. To create a cash flow statement Excel is probably … Read more
Budget vs Actual Excel Chart Creating a budget vs actual comparison for your company will help you as a business owner to compare your projected budget value against its actual value. One of the main benefits of why this is necessary is that it will help you as a manager to see if you … Read more
Management tips and tools this week: Cash Flow Operations Formula Examples posted in: Finance & Accounting, Financials, KPIs & Metrics, Metrics, Operations & Manufacturing If you are figuring out the cash flow operations in the cash flow statement report – you happen to be essentially likely to estimate all of the cash that … Read more
Use of Financial Ratios in Business Management Every company creates financial reports at the conclusion of every month and on a yearly basis. Reports like the income statement as well as balance sheet develop a overview showing how a company is operating. Nevertheless, to get a faster look at the company’s financial well being, so … Read more
Excel Templates for Tracking Project Costs Keeping track of project cost over a period of time is a necessity. There are a lot of times when organizations could’ve saved a lot of money if they did properly keep track of their project cost. But they somehow never did it. A large benefit of tracking your … Read more