Table of Contents
About the Authors.
1 The What and Why of Budgeting: An Introduction.
2 Strategic Planning and Budgeting: Process, Preparation and Control.
3 Administering the Budget: Reports, Analyses, and Evaluations.
4 Break-even and Contribution Margin Analysis: Profit, Cost, and Volume Changes.
5 Profit Planning: Targeting and Reaching Achievable Goals.
6 Master Budget: Genesis of Financial Forecasting and Profit Planning.
7 Cost Behavior: Emphasis on Flexible Budgets.
8 Evaluating Performance: The Use of Variance Analysis.
9 Manufacturing Costs: Sales Forecasts and Realistic Budgets.
10 Marketing: Budgeting for Sales, Advertising, and Distribution.
11 Research and Development: Budgets for a Long-term Plan.
12 General and Administrative Costs: Budgets for Maximum Productivity.
13 Capital Expenditures: Assets to Be Bought, Sold, and Discarded.
14 Forecasting and Planning: Reducing Risk in Decision Making.
15 Moving Averages and Smoothing Techniques: Quantitative Forecasting.
16 Regression Analysis: Popular Sales Forecast System.
17 Cash Budgeting and Forecasting Cash Flow: Two Pragmatic Methods.
18 Financial Modeling: Tools for Budgeting and Profit Planning.
19 Software Packages: Computer-based Models and Spreadsheet Software.
20 Capital Budgeting: Selecting the Optimum Long-term Investment.
21 Zero-base Budgeting: Priority Budgeting for Best Resource Allocation.
22 Managers’ Performance and Balanced Scorecard: Evaluation on the Division Level.
23 Budgeting for Service Organizations: Special Features.
24 Budgeting for Nonprofit Organizations: Diverse Types.
25 Using Management Games for Executive Training.
Appendix I Present and Future Value Tables.
Appendix II Statistical Table.
Glossary of Budgeting and Planning Terms.