- 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
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TO: Predictive Accounting
™
|
|
Historical
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Forward-looking
|
|
Passive
|
Proactive
|
|
Focus on expense control
|
Focus on value creation
|
| Focus on cost elements |
Focus on processes |
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.
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.
4. Is Predictive Accounting ™ Software Available?
Yes, Interactive Process Management has been developing software to
support Predictive Accounting ™ for the last 3 years.
Call Jim Brimson at 817.226.4267 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
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