Improving Firm Profitability Through Project Accounting (ACPA)


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Discussion Leader
Steven Burns, FAIA

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Improving Firm Profitability Through Project Accounting (ACPA)

Customer Rating

Field of Study

Accounting

Level

Basic

Credits

1

Qualifies For

CPE

Overview

For accountants and their professional services clients, capturing billable time and expenses, developing accurate budgets/forecasts, and maximizing profitability should always be top priorities. Project accounting provides you with the ability to accurately assess, monitor budgets and measure the financial performance of your engagement or project. Join us to learn how to accurately assess the ROI of individual engagements.

Major Topics

  • What is project accounting?
  • Why project accounting?
  • Project vs. standard accounting
  • How project accounting can help you
  • Project-based accounting software
  • Streamline time and expense
  • Monitoring systems

Learning Objectives

  • Monitor engagement performance, forecast workloads accurately, and get real-time visibility into engagement finances
  • Manage the successful execution of engagements all the way through to financial accountability
  • Assess the tools that help you track financial performance and make effective decisions at the engagement-level
  • Streamline and automate the capture of all billable and non-billable time and expenses
  • Identify trouble areas that could impact margins

Designed For

Firm owners, principals, managers, and accountants/CPAs

Prerequisite

None

Advanced Preparation

None


'
Discussion Leader
Steven Burns, FAIA

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