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 450 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?