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The important thing benefit of Here is the project accountant in the long run plays a Translator position among the project together with other finance /accounting functions.[9]
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The tactic alternatively is effective at its very best when it can be rationally very likely to estimate the phases of your project in process.[seven]
Project accounting is usually employed by government contractors, in which a Find Out More chance to account for prices by agreement (and occasionally agreement line merchandise, or CLIN) is normally a prerequisite for interim payments.[five]
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