Effective Budgeting for Businesses Today

Effective Budgeting for Businesses Today
Author: Dominic Shum
Publisher: Partridge Publishing Singapore
Total Pages: 96
Release: 2019-02-11
Genre: Business & Economics
ISBN: 1543749712

Having been in industry for more than twenty-eight years and being involved in business planning and budgeting during that period, I have been conducting training and facilitating EMBA classes on similar topics. In such sessions, I often encourage participants and students to ask question as I have considerable experiences in budgeting for them to pick my brains on. However, in most cases, the time allocated for such seminars or lectures are limited, and participants and students have asked questions regarding my experiences in the topic beyond the contact hours stipulated while others have requested for more literature on the subject. It is with this background that I find motivation to write this book to fulfil the participants’ demand for more information and to reach out to a wider audience on the topic of budgeting. This book is thus drawn upon my own experiences as a professional in the field and feedback given by my many participants and students who attended by seminars or classes. It is my hope that this book can provide clarity on the topic and is easily assimilated by all who does budgeting or is studying how to do it. Happy reading and profiting from it.

Process Improvement for Effective Budgeting and Financial Reporting

Process Improvement for Effective Budgeting and Financial Reporting
Author: Nils H. Rasmussen
Publisher: John Wiley & Sons
Total Pages: 284
Release: 2003-06-17
Genre: Business & Economics
ISBN: 0471455075

"The budget and financial reporting processes are well knownsources of frustration for most CFOs. Seeking a quick fix to theproblem, the common solution is to pour more money into new andbetter software. This leaves the root cause, the inefficient anddysfunctional underlying processes and routines, unaddressed. Asthis book shows, substantial and sustainable improvements are onlyachieved through an holistic approach to process improvement,technology, strategy, and people." —Tom Henry Knudsen, Executive Vice President, Telenor EiendomFornebu AS, Proven methods for improving efficiency Corporations face a high turnover among financial managers,rapid changes in technology, lack of time and process redesignskills, and ongoing ambiguity about primary objectives behind thebudgeting and financial reporting processes. Amid this frenzy, itis the fundamental efficiency of these processes that dramaticallyimpact overall business performance. Process Improvement forEffective Budgeting and Financial Reporting provides financialmanagers with a compelling blueprint for increasing efficiency andeliminating waste of time and energy. Four operational experts layout an 80/20 plan-improving 80% of processes in 20% of the time itwould take to improve 100%-and explain a Business ProcessImprovement (BPI) plan that incorporates: The emerging trends affecting financial managers today Step-by-step process implementation Interviews with industry leaders, consultants, and managers whohave successfully instituted BPI plans Appraisals of the available software that can help or hinderthe process There is no substitute for improved efficiency. CFOs,controllers, budget managers, and financial analysts willsignificantly benefit from adding this authoritative guide to theirprofessional libraries.

Total Business Budgeting

Total Business Budgeting
Author: Robert Rachlin
Publisher:
Total Pages: 264
Release: 1991-04-10
Genre: Business & Economics
ISBN:

Shows how to analyze outside influences, develop performance targets and budget segments, organize and administer the budgeting process, and provide a complete set of instructions and forms for developing all segments of the budgeting process. Specially designed, it also provides complete budgeting techniques and applications for most business situations, from planning and control to implementation. Forms, schedules, exhibits, and formats are included to take you through the myriad of details necessary to prepare a successful budget.

Budgeting Basics and Beyond

Budgeting Basics and Beyond
Author: Jae K. Shim
Publisher: John Wiley & Sons
Total Pages: 565
Release: 2011-09-29
Genre: Business & Economics
ISBN: 1118127978

A convenient and up-to-date reference tool for today's financial and nonfinancial managers in public practice and private industry If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Fourth Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. The new edition covers rolling budgets (forecasts), activity-based budgeting, life-cycle budgeting. Cloud computing, Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more! Includes several new software packages, computer-based models and spreadsheet applications, including Value Chain Management software, Financial Planning and Performance software, Web 2.0, Cloud computing, and capital budgeting software Features case studies, illustrations, exhibits, forms, checklists, graphs, samples, and worked-out solutions to a wide variety of budgeting, planning, and control problems Offers financial planning and new types of financial modeling, variance analysis, Web-based budgeting, active budgeting illuminating "what-if" analyses throughout, spreadsheet applications, break-even analysis, project analysis, and capital budgeting Budgeting Basics and Beyond, Fourth Edition is a practical, easy-to-use problem-solver and up-to-date reference tool for today's financial and nonfinancial managers in public practice and private industry.

10 Steps to Successful Budgeting

10 Steps to Successful Budgeting
Author: Lianabel Oliver
Publisher: Association for Talent Development
Total Pages: 145
Release: 2019-01-15
Genre: Business & Economics
ISBN: 1947308874

Calculate for Business Success The budgeting process may produce anxiety, but it can be managed. The keys are planning, organization, documentation, preparation, and follow-up. The essence is plan first, budget later. 10 Steps to Successful Budgeting walks you through the fundamentals, explaining your role in your organization’s planning and budgeting process. Authors Lianabel Oliver and Eduardo Nin start with a macro perspective, providing an overview of the planning and budgeting process and how it is typically structured within an organization. They then move to preparing a sound budget and defending it to the next level of management. Their combined experience of over 30 years in planning and budgeting will help you navigate this process successfully. The authors’ simple, clear explanations and true-to-life examples of budgets and planning tools will help you clarify your departmental spending needs for yourself and others. Each planning and budgeting cycle, the authors explain, represents an opportunity for change. It is a chance to revisit the old and embrace the new. The budget is not something to fear on your to-do list, but a time to reexamine who you are, what you do, and how you can use your resources more effectively.

Better Business Budget Planning

Better Business Budget Planning
Author: RD king
Publisher: 大賢者外語
Total Pages:
Release:
Genre: Business & Economics
ISBN:

All businesses start out with three main elements prominently featured in the general make up of the endeavor. These would be listed as revenue to be earned, expenses to be incurred along the way and the projected profits expected. These three categories are usually studied in depth before the actual business entity is launched and through this process there is always the need to have an effective budgeting platform in place. Efficient business budget planning is the roadmap for your future development. Achieving the right strategy for your business can determine whether you will stay in the market in the long run. Here’s what you'll learn inside this ebook: Your key to successful business endeavors! Access to up-to-date information certified to produce results! Methods to manage your money effectively and plan ahead for the future. Learn how to allocate appropriate resources to projects. A chance to monitor performance that can meet your objectives. A platform to improve decision-making. The opportunity to identify problems before they occur Ways to analyze your company performance and see if you are on track. Case studies and template budgets from top marketers for you to emulate. Tactics to avoid the common and costly mistakes made. And so much more!

Budgeting Basics and Beyond

Budgeting Basics and Beyond
Author: Jae K. Shim
Publisher: John Wiley & Sons
Total Pages: 450
Release: 2008-12-03
Genre: Business & Economics
ISBN: 0470454350

If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Third Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. Written by Jae Shim and Joel Siegel, the new edition covers Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more!

Guidelines for Public Expenditure Management

Guidelines for Public Expenditure Management
Author: Mr.Jack Diamond
Publisher: International Monetary Fund
Total Pages: 84
Release: 1999-07-01
Genre: Business & Economics
ISBN: 9781557757876

Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

Total Business Budgeting

Total Business Budgeting
Author: Robert Rachlin
Publisher: Wiley
Total Pages: 0
Release: 1999-09-10
Genre: Business & Economics
ISBN: 9780471351030

Rave Reviews for the First Edition. "Total Business Budgeting is aptly titled. Everyone concerned about budgeting and how to implement or improve the process should have this volume on hand. Rachlin's liberal use of helpful forms is particularly clever." -Michael W. Curran President and CEO Decision Sciences Corporation, St. Louis, Missouri "Total Business Budgeting is well thought out and comprehensive. It simplifies the budgeting process by providing the content in an easy-to-read format. This is the only budgeting book I will ever need." -Thomas Farrell Director of Business Development, Ernst & Young LLP "Total Business Budgeting goes beyond presenting a set of basic budgeting guidelines and applications-along with helpful exhibits and forms-for all segments of business operations. A valuable compendium of underlying techniques associated with each business segment is also included in brief, easy-to-read format. Rachlin's book provides a guide for budgeting and a take-off point for more specialization and more complex situations." -Serge L. Wind Portfolio Analysis and Special Projects Finance Director Lucent Technologies, Inc.