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How accounting can empower better project management (via CGMA Magazine)
- Donny C. Shimamoto, CPA.CITP, CGMA
- Jun 1, 2017
- 1 min read
Accountants can help to ensure the value provided by an organization's projects by participating in the project management process. This article, originally published in CGMA Magazine on May 1, 2017, describes how accountants can help manage project risk and scope creep, and also ensure that projects are properly closed and organizational learning captured.
View the full article on the CGMA Magazine web site: http://www.cgma.org/magazine/issues/2017/may/better-project-management.html
Effective project management relies on solid financial oversight, and a tax accountant can play a crucial role in this. By using detailed accounting and tax planning strategies, you can track budgets, forecast expenses, and manage cash flow more effectively. A tax accountant helps ensure that project costs stay within budget while maximizing tax benefits, leading to better financial decision-making. With their expertise, you gain insights into cost management, resource allocation, and financial planning, ultimately empowering more successful project outcomes.