Why Manufacturers Can’t Ignore Project Accounting
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For manufacturers who are engineer-to-order, equipment-based, or those making complex products in a project environment, having the ability to effectively develop results around the contribution and cost of your projects is extremely valuable. Having the know-how in project accounting empowers manufacturers to understand their business better and make improved data-driven decisions.
Learn from CPA and manufacturing experts on how to effectively address project-based accounting.
Key Takeaways:
- Learn about the importance and benefits of project accounting for manufacturers.
- Discover how project accounting can help you make informed decisions related to taxes, reporting, revenue recognition, contribution, and managing long-term projects effectively.
- Uncover the benefits of project-based accounting across financial years, including the ability to accumulate revenues and costs over the life of a project.
- Find out what to ask your systems integrators and business application specialists to deliver effective project accounting solutions for your organization.