Document Type
Article
Publication Date
5-2022
College/Unit
Chambers College of Business and Economics
Department/Program/Center
Finance
Abstract
Project FORESIGHT is a business-guided self-evaluation of forensic science laboratories across the globe. The participating laboratories represent local, regional, state, and national agencies. Economics, accounting, finance, and forensic faculty provide assistance, guidance, and analysis. Laboratories participating in Project FORESIGHT have developed standardized definitions for metrics to evaluate work processes, linking financial information to work tasks, and functions. Laboratory managers can then assess resource allocations, efficiencies, and value of services—the mission of Project FORESIGHT is to measure, preserve what works, and change what does not.
The benchmark data for the 2020-2021 performance period includes laboratory submissions for a variety of fiscal year definitions. However, all submissions have December 31, 2020 as part of their fiscal year accounting. The majority of submissions follow a July 1, 2020 through June 30, 2021 convention. Others follow a year that begins as early as January 1, 2020 (ending December 31, 2020) while the other extreme includes laboratories with a fiscal year originating October 1, 2020 and ending September 30, 20210.
Digital Commons Citation
Speaker, Paul J., "Project FORESIGHT Annual Report, 2020-2021" (2022). Faculty & Staff Scholarship. 3093.
https://researchrepository.wvu.edu/faculty_publications/3093
Included in
Accounting Commons, Business Administration, Management, and Operations Commons, Corporate Finance Commons, Finance and Financial Management Commons, Performance Management Commons