DK Essential Managers: Managing Budgets

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Penguin, Aug 15, 2000 - Business & Economics - 72 pages

Learn all you need to know about the budgeting process, from preparing a forecast to monitoring variances and making adjustments. Managing Budgets gives you a clear understanding of the budgeting cycles and explains standard concepts and terms. It shows you how to create a personalized budgeting system, anticipate revenues and estimate expenditures, correct errors, and motivate staff to achieve financial targets. Useful tips help you to handle real-life situations and develop first-class budgeting skills that will dramatically improve efficiency and results. The Essential Manager have sold more than 1.9 million copies worldwide! Experienced and novice managers alike can benefit from these compact guides. The topics are relevant to every work environment, from large corporations to small businesses. Concise treatments of dozens of business techniques, skills, methods, and problems are presented with hundreds of photos, charts, and diagrams. It is the most exciting and accessible approach to business and self-improvement available.

Forecasting, expenditures, priorities, and safety margins.


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Understanding Budgeting
What Is a Budget?
Why Budget?
Budgeting and Business Strategy
Managing the Budgeting Process
Recognizing Potential Problems
Preparing to Budget
Understanding Costs
Producing the Figures
Understanding Capital Budgets
Producing Cash Budgets
Consolidating Budgets
Finalizing a Budget
Monitoring a Budget
Analyzing Discrepancies

Tailoring a Budget
Clarifying Objectives
Standardizing a Budget
Reviewing Your System
Writing a Budget
Gathering Information
Anticipating Revenues
Estimating Expenditure
Monitoring Variances
Analyzing Budget Errors
Investigating Unexpected Variances
Making Adjustments
Recognizing Behavioral Problems
Building on Budgeting
Assessing Your Skills

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