John Chapman, Programme Director for Touchstone Group presented to Yorkshire and North Lincolnshire branch in November 2006 on the differences between financial accounting and project accounting. John identified the challenges faced when designing a project accounting solution, defined the relationships and systems which can be put in place to develop a repository of information for modelling programme and project costs and lists the management benefits which can be derived from implementing such an approach.
During the presentation John focused on financial accounting versus project accounting, the challenge in designing a system and management benefits. He used Touchstone Group as a working example for a project plan and provided an example upgrade plan and status report.
John used real examples to communicate his theory and used visual tables to help voice his findings.
Slides from John's presentation are available to download below.