Budgeting - a short overview PDF (Adobe DRM) download by Linda Vuskane

Budgeting - a short overview

GRIN Verlag
Publication date: January 2010
ISBN: 9783640688098
Digital Book format: PDF (Adobe DRM)

Buy PDF

Our price:
$3.99
GET THIS EBOOK
FOR FREE!
Join our Facebook sweepstake, share and
get 10 likes. Winners
get notified in 24H!
In order to achieve their goals and objectives most companies make use of a budgeting technique. According to the Chartered Institute of Management Accountants (CIMA) budget is 'a quantitative expression of a plan for a defined period of time'. Usually budgets are expressed in financial terms and prepared for one year.
Depending on the nature and business of the company, different types of budgets, such as incremental, zero-base budgeting (ZBB) or activity-based budgeting (ABB), can be adopted. However, usually the budget setting will commence with preparing the limiting-factor budget which will frequently be the sales budget with other budgets, such as production, direct labour and cash budgets, being prepared subsequently. After coordinated revisions these are added to a master-budget consisting of a balance sheet, profit and loss account and a cash-flow statement.
Despite the fact, that budgeting process has been often criticized because of its rigidity, short-term focus and bureaucratic and time consuming nature, it still provides many benefits to the company if implemented correctly. In fact, participants from the Better Budgeting forum came to conclusion that budgeting has been evolving and changing to better meet the requirements of today's highly competitive and very dynamic environment.
Please sign in to review this product.
Format:
Devices:
Budgeting - a short overview PDF (Adobe DRM) can be read on any device that can open PDF (Adobe DRM) files.

File Size:
67 Kb
Language:
ENG
Copy From Text:
Disabled.
Printing:
Disabled.
Other books by Linda Vuskane
The adoption of International Accounting Standards in Germany PDF (Adobe DRM) download by Linda Vuskane
The adoption of International Accounting Standards in Germany
Linda Vuskane
GRIN Verlag, January 2010
ISBN: 9783640703074
Format: PDF
List Price: $19.99 Our price: $17.99
Controlling  in kleinen und mittelständischen Unternehmen PDF (Adobe DRM) download by Linda Vuskane
Controlling in kleinen und mittelständischen Unternehmen
Linda Vuskane
GRIN Verlag, January 2010
ISBN: 9783640719020
Format: PDF
List Price: $19.99 Our price: $17.99
Removal of a director under the British law PDF (Adobe DRM) download by Linda Vuskane
Removal of a director under the British law
Linda Vuskane
GRIN Verlag, January 2010
ISBN: 9783640719167
Format: PDF
Our price: $3.99
BMW Business Strategy - An Overview PDF (Adobe DRM) download by Linda Vuskane
BMW Business Strategy - An Overview
Linda Vuskane
GRIN Verlag, January 2010
ISBN: 9783640682713
Format: PDF
List Price: $19.99 Our price: $17.99
Recently Viewed Products