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Author
Language
English
Formats
Description
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...
Series
Accounting and finance clips volume 3
Publisher
Kanopy Streaming
Pub. Date
2014.
Language
English
Description
v. 1. What are budgets? How do they work? In Blakeway Ltd budgeting is vital to their manufacturing plans - but budgets depend on sales forecasts which are notoriously unreliable. Variance analysis is used to track the difference between estimates and reality. Budgets can be used to make staff more accountable and set priorities - but sometimes managers use up current budgets simply for fear of losing their money next year! --v. 2. A manager uses...
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