Bookkeeping, Managerial Accounting

Basics of Budgeting

Name: Basics of Budgeting
Author: Robert G. Finney
ISBN: 9780814478226

by Robert G. Finney

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Overview

Does the very idea of putting together a budget cause you worry, fear, frustration? After reading Basics of Budgeting, you'll have a change of heart - and actually look forward to budgeting work as a way of getting your ideas approved. Using clear, jargon-free language, Basics of Budgeting gives you step-by-step guidance on how to transform budgeting from a confusing accounting chore into a highly effective management tool. It shows you what to expect at budget time, how to understand your costs and what drives them, how to forecast revenue, how to budget capital and resource needs, how to generate and choose the right numbers to put into the budget, and how to plan for the unexpected. You'll even learn how to build in performance improvement so that a year from budget time you won't be stuck doing things the "same old way." With Basics of Budgeting, you'll quit resenting the budget process. In fact, you'll start to relish it as you realize its tremendous power as a management tool for obtaining the resources you need - and as a way of getting respect and attention from higher-ups.

"Finney provides a no-nonsense approach to budgeting as a management tool, and not an accounting process. He presents the topic as a refreshing and practical way to save time, trouble and money."--Michael C. Thomsett, financial writer.