Free Purchase Order Templates for Excel When you are managing a company, simple track record is a must. Without having specific and reliable data, your own financial obligations tend to be extremely hard to know having any kind of accuracy and reliability. This is true mainly over any length of time. This is … Read more
Why Project Accounting Is Becoming More Important For Managers Project accounting is different than traditional accounting practices because of numerous reasons. While companies focus with their traditional accounting on the overall financial outcomes and performance, project accounting focuses on the project’s costs, timeline, milestones and execution. As organizations are becoming more competitive today, they rely … Read more
Example of Budget Variance Analysis in Excel Businesses put together budgets to allow them to plan the development in their company. Budgeted expenses let them establish price ranges, project product sales and calculate earnings. For many reasons, costs along with profits may take place higher or perhaps lower than determined. Budget variance analysis tackles … Read more
Financial Analysis and Reporting with Microsoft Excel Financial statement analysis is a approach to examining and studying the business financial statements for making better financial decisions. The statements above are the income statement, the balance sheet, the statement of cash flows, along with a statement for changes in equity. Financial statement analysis is usually a … Read more
New manufacturing planning process usually requires organizations to examine a number of aspects of business operations prior to making an investment into completely new manufacturing systems. Adequate planning enables businesses to find out exactly how effective they could be using new manufacturing operations as well as how their own profitability is going to be improved. … Read more
Review of Agile Project Management Methodologies Over the years the agile project management methodology process has helped managers immensely with their business projects. The agile management process is a cycle of continuous improvement; it allows you to improve the product through each iteration development cycle. The reason for that is because it gives you the … Read more
What is agile project management Over the years we have seen different types of business methodologies being embraced by managers and executives in their organization to make it more efficient and productive. We have seen methodologies such as the waterfall method which is still effective today but it has a couple of drawbacks to it. … Read more