WRDMAP - Brochure
TP5.7 Financial Management and Modelling in Small and Medium WSCs
This document provides a background to financial management “best practice”. Water Supply Companies (WSCs) should implement financial management in line with best practice to ensure that senior managers are provided with accurate and timely financial management reports that allow them to assess the financial performance of the WSC on a regular basis. The document explains approaches to financial modelling. Here, experience is drawn from work carried out with Beipiao WSC, Liaoning Province, as part of the WRDMAP project. A manual has also been developed for users of the WRDMAP Financial Model, and is accompanied by a workable Excel Workbook.
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