- What is Predictive Accounting?
- What is 4th Financial Statement?
- Who is developing Predictive
Accounting?
- Is Predictive Accounting Software
available
1. What is Predictive Accounting?
FROM: Historical Accounting
|
TO: Predictive Accounting
|
Historical
|
Forward-looking
|
Passive
|
Proactive
|
Focus on expense control
|
Focus on value creation
|
Focus on cost elements |
Focus on processes |
Back to Top
2. What is 4th Financial Statement?
4th Financial Statement (income statement, balance sheet, cash flow are
first 3 statements) is Process Statement. This new statement would
be forward looking rather than historical in nature. It would show
where an organization creates value.
Back to Top
3. Who is developing Predictive
Accounting?
Jim Brimson, project manager of CAM-I Cost Management that created
Activity Based Costing, in conjunction with a global think tank of
professors.
Back to Top
4. Is Predictive Accounting
Software Available?
Yes, Interactive Process Management has been developing software to
support Predictive Accounting for the last 3 years.
Back to Top
Call Jim Brimson or John Antos at 972.980.7407 to find out how
Predictive Accounting can help you reach your goals and give your peace
of mind
Find Out More About 4th Financial
Statement & How We Can Help Make You More Successful |
Phone: 972.980.7407 email: Contact us
Value Creation Group, Inc. 7820 Scotia Dr. #2000 Dallas, TX
75248
|
|