Financial Planning & Analysis

Aerospace and Defense: Financial Transformation and Project-Closing Process

  • Updated on December 31, 2024
  • 8020 Consulting
  • Approx. Read Time: 1 minute read
  • Published on August 10, 2023

The Situation

8020 Consulting was engaged by a publicly traded Aerospace & Defense client whose business relied heavily on U.S. government programs and comprised multiple related projects. The client faced challenges in accurately closing projects within its ERP system, leading to discrepancies in financial reporting and unaccrued costs. The underlying problems included misclassified purchase orders, materials and incomplete team awareness and training.

Our Solution and Results

To learn more, download the full case study, using the form below.

Download the Case Study

Our full case study is offered as a PDF, and it covers the situation, our solution and results. To download your copy, complete the form using a business email address. Then you’ll receive a link to the resource via email.

Featured Industry Learning...
 
blog
Jan 10 2025
  • by Kristine Robles
  • 0 Comments

Choosing the Right Audit Management System for Your Organization

Organizations increasingly use audit management systems (AMS) to ...

Read More
blog
Jan 9 2025
  • by Jason Atyabi
  • 0 Comments

Top 5 Audit Software for Finance and Accounting Professionals

Auditing plays a vital role in ensuring compliance, managing risk, ...

Read More
blog
Jan 6 2025
  • by Kristine Robles
  • 0 Comments

SOC Reporting Explained: How to Ensure Compliance and Security

Managing compliance and security is increasingly complex, especially ...

Read More

Copyright © 2023 8020 Consulting, All Rights Reserved