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A perfect example of this approach works through Impact Cloud, which provides an innovative way to push mobile data collection offline through KoboToolbox. All gifts are used to maintain, support and create programs for FTS and our partners. Residents of the following states may obtain a copy of our financial most ethnically diverse cities in north carolina additional information as stated below:. They could also measure income level before and after the shoes for adults or measure the number of school days attended for children. You can streamline data collected from different sources into single data sources through smart field-mapping and database level formulas that can what is m&e in accounting complex calculations internally. Have any unexpected results occurred?


M&E Statement Frequently Asked Questions | Equipment Inventory Office – Basic accounting terms, acronyms, abbreviations and concepts to remember

What is an example of an appropriate M&E statement? Monitoring and evaluation (M&E) are means to multiple ends. Measuring government activities, constructing and tracking performance indicators across sectors. What does M&E stand for? ; M&E, Media & Entertainment ; M&E, Meetings and Events ; M&E, Machine and Equipment.


What is m&e in accounting


Advanta will analyze a download of your data, determine the types of documents you have available, calculate your sample size and may apply an estimated error rate. We have worked with the IRS to approve this work plan for companies currently under examination. The first step is determining the sample and creating a roadmap that will allow the IRS to replicate the sample.

When defining your indicators you will need to identify which tool will be used to collect data on that indicator. Common tools include check-lists, forms and surveys. Wherever possible you should use or adapt existing tools that are known to work. For example, if one of your indicators was poverty then you could use the Progress Out of Poverty Index to measure that. Alternatively, if your indicator was the quality of life of vulnerable children then you could use the Parenting Map.

Even if you try to use as many existing tools as possible, there will still be some indicators where you need to create your own tool. For advice on how to do this see the following tools4dev articles:. After creating the tool for each indicator you need to decide who will be responsible for each step in the process.

This includes who will be responsible for using the tool to collect the data, who will enter the data into the computer, who will analyse it and who will crate the final report. You will also need to consider how all the data from the indicators will be managed. This includes where it will be stored on a computer, in hard copy files, in a database, etc , what software will be used to analyse it, and how privacy will be maintained. Small businesses and individuals tend to use cash basis accounting.

Revenues and expenses recognized by a company but not yet recorded in their accounts are known as accruals ACCR. By definition, accruals occur before an exchange of money resolves the transaction. For example, a company that hired an external consultant would recognize the cost of that consultation in an accrual.

That cost would be recognized regardless of whether or not the consultant had invoiced the company for their services. Accounts payable and accounts receivable are accrual types. Others include accrued costs costs incurred but not resolved during a particular accounting period and accrued expenses expenses or liabilities incurred but not resolved during a particular accounting period. Assets are items of value, or resources that a business owns or controls.

More technical and precise definitions specify two technicalities: First, assets result from past business activities. Second, they will or are expected to generate future economic value. Assets come in many types and classes. Types include current and noncurrent, operating and nonoperating, physical, and intangible. Classes include broad categories such as cash and equivalents, equities, commodities, real estate, intellectual property, and fixed income, among others.

A balance sheet or “statement of financial position” is a standard financial statement. It specifies the business’ current state regarding its assets, liabilities, and owners’ equity. Accountants use multiple formats when creating balance sheets: classified, common size, comparative, and vertical balance sheets. Each format presents information as line items that combine to provide a snapshot summary of the company’s financial position.

In common usage, capital abbreviated “CAP. A second definition considers capital the level of owner investment in the business. The latter sense of the term adjusts these investments for any gains or losses the owner s have already realized.

Accountants recognize various subcategories of capital. Working capital defines the sum that remains after subtracting current liabilities from current assets. Equity capital specifies the money paid into a business by investors in exchange for stock in the company. Debt capital covers money obtained through credit instruments such as loans.

Cash basis accounting records revenues and expenses when the money involved in each transaction officially changes hands.

It contrasts with accrual basis accounting. Accrual accounting recognizes revenues and expenses when they occur without regard to whether the associated funds have been exchanged. Cash flow CF describes the balance of cash that moves into and out of a company during a specified accounting period.

Accountants track CF on the cash flow statement. A certified public accountant CPA is an accounting professional specially licensed to provide auditing, taxation, accounting, and consulting services.

CPAs work for both businesses and individual clients. To obtain CPA licensure, a candidate must meet eligibility criteria and pass a demanding four-part standardized exam. Eligibility standards include at least hours of higher education covering related coursework. Accountants record financial transactions in a bookkeeping system known as a general ledger.

A chart of accounts COA is a master list of all accounts in an organization’s general ledger. Five main types of accounts appear in a COA: assets, equity, expenses, liabilities, and revenues. The informal phrase “closing the books” describes an accountant’s finalization and approval of the bookkeeping data covering a particular accounting period. When an accountant “closes the books,” they endorse the relevant financial records.

These records may then be used in official financial reports such as balance sheets and income statements. Cost of goods sold COGS describes the total costs a company incurred in creating a product or providing a service. With products, the associated costs fall into three broad categories: materials, labor, and overhead.

With services, costs include expenses related to employee compensation, materials, and equipment. Accountants sometimes use the alternative term “cost of sales. Credits are accounting entries that increase liabilities or decrease assets. They are the functional opposite of debits and are positioned to the right side in accounting documents. Debits are accounting entries that function to increase assets or decrease liabilities. They are the functional opposite of credits and are positioned to the left side in accounting documents.

Depreciation DEPR applies to a class of assets known as fixed assets. Fixed assets are long-term owned resources of economic value that an organization uses to generate income or wealth.

Real estate, equipment, and machinery are common examples. Fixed assets can decline in value. Accountants record those declines as depreciation. Diversification describes a risk-management strategy that avoids overexposure to a specific industry or asset class. To achieve diversification, people and organizations spread their capital out across multiple types of financial holdings and economic areas.

The term is also widely used in finance and investing. In corporate accounting, dividends represent portions of the company’s profits voluntarily paid out to investors. Investors are often paid in cash, but may also be issued stock, real property, or liquidation proceeds.

In most cases, dividends follow a regular monthly, quarterly, or annual payment schedule. However, they can also be offered as exceptional one-time bonuses.

Double-entry systems record each financial transaction twice: once as a credit, and once as a debit. When the sum total of all recorded debits and credits equals zero, the accounting books are considered “balanced. The system is also known as double-entry accounting. It is a more complete and accurate alternative to single-entry accounting, which records transactions only once.

Single-entry systems account exclusively for revenues and expenses. Depending on the lifespan of the project, sometimes also milestones are defined to make it easier to see if the project is performing on schedule or not. For monitoring your project, the baseline study is of core importance and should always take place before and project activities begin. The entire evaluation of the project will be based on the baseline study and its quality will determine the quality of the outcomes of the evaluation process as well.

Thus, it is very important to take care in deciding upon the indicators and which kind of data you want to include and collect. In general, it is advisable to set up the baseline study a little bit broader than you might think is necessary.

Once in the field, collecting the data it is easy to add one or two questions, but when you realize later that you need that information, it is a big task to go back into the field. Also, once you started the project it is more difficult to get the information again because your activities might already have influenced the data. Also, think of other uses of the data that you are collecting.

It is always advisable to have a broad data pool to be able to use it for different purposes like future applications, reports, and brochures. The more concrete information you can gather about your target population, the better for your representation. To measure the performance of a project or program, you need to define a certain set of indicators on which you want to achieve change or progress throughout the lifespan of your project.

Normally, these indicators are grouped together for different topics and displayed in the form of a table. If they have been used in a project application, they will be used for reporting purposes throughout the project lifespan. Figure 2: Example for a table with indicators for the performance measurement source: own representation.

As you can see in the example in Fig. Even if you are not required by the donor to hand in progress reports, it makes a lot of sense to monitor the progress on the indicators for your own use.

If you are required to report about milestones and you underperform in some areas, you should always add detailed information about why and how this happened. This also gives you a chance to revise the setup of the project and point out in an early stage if there are any problems with it and if any adjustments have to be made.

The evaluation compromises the analysis of the data collected throughout the monitoring process. While monitoring is almost always done within the organization by own staff, sometimes it can be required that the evaluation is done by outsiders like consultants, as it is very important that it is objective. With the evaluation, organizations want to find out — normally at the end of a project cycle — if the project was worthwhile, achieved its goals and was implemented efficiently.

It is also determined if there had been any unintended outcomes and if they were negative or positive. The evaluation normally comprises a cost-efficiency analysis to see if the money was spent responsibly and effectively. In the case of underperformance in specific outcomes , the evaluators analyze the reasons for this underperformance to be able to know if they were external or internal. In general, during the evaluation process, it is determined, what can be learned by the implementation and what could be lessons for the future and for future projects.

An evaluation makes it easier to learn from past experiences, as mistakes will not be repeated and particularly unintended outcomes are brought to the surface. Although it is relatively easy to measure outcomes, provided the baseline study was well designed, it is very difficult to actually measure impact. It is very difficult to establish a definite connection of cause between project activities and outcomes, as there are many other variables that have to be taken into consideration.

If your organization trained teachers, but at the same time the road to the school was repaired, it is difficult to distinguish between the effect the training had on attendance rate and the effect the better road had.

If your target group for enhanced farming techniques is farmers from one village and participation is voluntary, it is very difficult to say if better harvests can be related solely to your program or if the volunteers were the more active and progressive farmers anyways. Impact assessment can only be implemented when the dataset is very big and some very clear connections can be drawn. Otherwise, outcomes and results can be described without claiming causality.

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