Summary and Final Tasks
Accounting is the language that is used to describe business transactions and the financial viability of companies and projects. This same language is used to determine the viability of any type of for-profit energy company and project, whether based on conventional or alternative energy resources or technologies. We learned about the three fundamental accounting statements – the Balance Sheet, the P&L, and the Cash Flow. The latter two of these make up the “pro forma” evaluation of a potential energy project.
Reminder - Complete all of the Lesson 4 tasks!
You have reached the end of Lesson 4! Double check the What is Due for Lesson 4? list on the first page of this lesson to make sure you have completed all of the activities listed there before you begin Lesson 5.