Project Management Accounting: Budgeting, Tracking, and Reporting Costs and Profitability, 2nd Edition by Kevin R. Callahan, Gary S. Stetz, Lynne M. Brooks

Book Title: Project Management Accounting: Budgeting, Tracking, and Reporting Costs and Profitability
Authors: Kevin R. Callahan, Gary S. Stetz, Lynne M. Brooks
2nd Edition

Project Management accounting involves much more than just understanding how project income and expense impact the general ledger. To truly succeed in today's competitive business environment, project managers must also understand how to budget resources, determine ROI, and track costs and expenses for projects as well as become adept at strategy and executive decision making and portfolio management. With its focus on accounting, Project Management Accounting: Budgeting, Tracking, and Reporting Costs and Profitability, Second Edition is designed to enhance the business skills of project managers at all levels of experience.

This Second Edition of Project Management Accounting includes current case studies and sample checklists to help professionals hit the ground running by immediately applying concepts to their own business scenarios. Here, CFOs, controllers, project managers, and accounting managers will discover how to:

• Understand risk assessment from an accounting and auditing perspective
• Maximize project outcomes by leveraging accounting and financing tools and principles
• Improve each project's profitability by understanding its costs and benefits
• Analyze their business's financial information to choose the right project, every time
• Apply proper accounting principles to a project
• Develop a project budget based on a company's financial performance and needs

Project Management Accounting provides the knowledge and skills to become proficient in Project Management and maximize the profitability and ROI of any project.

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