Professional Custom Accounting: Measurement of Costs and Benefits
The following steps should guide the write-up of the cost benefit analysis:
Present the Objective of the Project
Examination of the Relevant Alternatives
Select 3 Criteria and briefly define (Use the criteria in a decision matrix and a weighted score table)
Identification of Costs and Benefits – indirect vs. direct
Measurement of Costs and Benefits
Determine Net Benefits (Use a Generic Cost Benefit Calculation)
Please see the CBA example to get an idea about how to layout your table. There should be a 1to 2pp write-up and interpretation of the results.
