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.
Watch now to hear from Sikich’s team of manufacturing and CPA experts, as they shed light on the importance and benefits of project accounting for manufacturers.
Discover how project accounting can help with taxes, reporting, revenue recognition, and contribution. Plus, find out what to ask your systems integrators and business application specialists for effective project accounting solutions.
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.
This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.
About the Author
Lucia Sororian
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