Estimating cash flows isn’t difficult, but it is complicated, as there are a lot of little details to keep track of. Having a systematic approach to handling and arranging details is key to successful finance management and advancing organizational goals.
Respond to the following in a minimum of 175 words:
- Discuss a business example that shows how depreciation and accelerated depreciation can affect project cash flows.
- What would your process be to ensure that all related financial details are allocated for and tracked so as to assist in making sound business decisions?