Control Accounts

Some articles on control accounts, accounts, control:

Unified Ledger Accounting
... Balances on control accounts were copied from one book to another, so that a full set of accounts could be completed and as an additional process control accounts ... This ensured that all of the individual entries added correctly to the control totals before any transfers were made ... The result is that no control accounts are required and no transfers to other ledger books ...
Earned Value Management - Scaling EVM From Simple To Advanced Implementations - Advanced Implementations (integrating Cost, Schedule and Technical Performance)
... called a Performance Measurement Baseline (PMB) and may be arranged in control accounts, summary-level planning packages, planning packages and work packages ... In large projects, establishing control accounts is the primary method of delegating responsibility and authority to various parts of the performing organization ... Control accounts are cells of a responsibility assignment (RACI) matrix, which is intersection of the project WBS and the organizational breakdown structure (OBS) ...

Famous quotes containing the words accounts and/or control:

    “Simplicity, simplicity, simplicity! I say, let your affairs be as two or three, and not a hundred or a thousand; instead of a million count half a dozen, and keep your accounts on your thumb-nail.”
    —Henry David Thoreau (1817–1862)

    “The mind is the greatest of all human forces. Control the mind and you control the body.”
    —Griffin Jay, Randall Faye, and Lew Landers. Armand Tesla (Bela Lugosi)