Budgeting for Managers / Edition 1

Budgeting for Managers / Edition 1

2.0 1
by Sid Kemp, Eric Dunbar
     
 

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ISBN-10: 0071391339

ISBN-13: 9780071391337

Pub. Date: 01/30/2003

Publisher: McGraw-Hill Professional Publishing

Now translated into 11 languages! This reader-friendly, icon-rich series is must reading for all managers at every level

All managers, whether brand new to their positions or well established in the corporate heirarchy, can use a little "brushing up" now and then. The skills-based Briefcase Books series is filled with ideas and strategies to help

Overview

Now translated into 11 languages! This reader-friendly, icon-rich series is must reading for all managers at every level

All managers, whether brand new to their positions or well established in the corporate heirarchy, can use a little "brushing up" now and then. The skills-based Briefcase Books series is filled with ideas and strategies to help managers become more capable, efficient, effective, and valuable to their corporations.

Managers in all types of organizations and environments must be able to prepare, or at least understand, a realistic and results-oriented budget. Budgeting for Managers­­rich in practical techniques and examples­­walks the reader through the entire budgeting process, from basic financial concepts and their use in creating a budget to methods for tracking actual spending.

Product Details

ISBN-13:
9780071391337
Publisher:
McGraw-Hill Professional Publishing
Publication date:
01/30/2003
Series:
Briefcase Books Series
Pages:
224
Sales rank:
652,502
Product dimensions:
6.00(w) x 9.00(h) x 0.70(d)

Table of Contents

Prefaceix
1.Budgeting: Why and How1
Why Make a Budget? Who Reads Budgets?2
Eight Steps to Creating a Budget5
Success Review18
Manager's Checklist for Chapter 118
2.The Parts of a Budget20
Time Periods of Your Budget20
Budget and Vision23
Forecasting Income29
Expense Categories vs. Account Codes32
Key Accounting Concepts34
Manager's Checklist for Chapter 239
3.Gathering Production Figures41
Gathering Past Figures42
Working with Multiple Periods45
Working with Account Categories and Line Item Names50
Evaluating the Quality of Your Information50
Working with Multiple Periods and Trends52
Manager's Checklist for Chapter 353
4.Creating a Production Budget55
Estimation Methods56
Planning the Future in Detail58
A Sample Manufacturing Budget61
Manager's Checklist for Chapter 471
5.Planning and Budgeting a Project72
Define the Project73
Create the Work Plan84
Calculate the Cost89
Tracking a Project89
Manager's Checklist for Chapter 590
6.Checking It Twice92
Using a Partner for Proofreading92
Errors Created by Spreadsheet Programs93
Automatic Cross-Checking in Spreadsheets96
Document Version Control97
Verifying Budgetary Assumptions100
The Final Proofreading Steps101
Manager's Checklist for Chapter 6101
7.Preparing for Presentation103
Combining Parts of Your Budget104
Revising Budgetary Assumptions107
Creating Templates and Formatting a Budget109
Adding Account Codes110
Preparing a Budget Presentation111
Presentation Formats117
Manager's Checklist for Chapter 7121
8.Budgetary Spending123
Getting the Budget Authorized123
Adjusting to the Authorized Amount126
Setting up Your Budget with Accounting128
Spending at the Beginning and the End of the Year133
Manager's Checklist for Chapter 8134
9.Tracking Your Budget136
Authorizing and Tracking Expenses137
Closing a Budget Period142
Comparing Estimated Versus Actual Budgets144
Overspending and Underspending144
Adjusting the Budget147
Reviewing Financial Statements147
Manager's Checklist for Chapter 9151
10.Budgeting and Human Resources153
HR Management and HR Services154
Use of Consulting Services and Outsourcing155
Departmental Control156
Putting It All Together165
Manager's Checklist for Chapter 10166
11.Small Business Money Management168
Estimating Business Income170
Small Business Payroll173
General Financial Management174
Seasonal Fluctuation and Available Cash175
Setting Prices178
Budgets for Customer Proposals178
Manager's Checklist for Chapter 11182
12.Mastering the Budget Process184
Negotiating for Your Budget184
Improving Your Estimation Skills186
Timing Your Budget Preparation188
The 15-Month Budget189
Manager's Checklist for Chapter 12190
Index193

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Budgeting for Managers 2 out of 5 based on 0 ratings. 1 reviews.
JayHammer More than 1 year ago
This book tried to take on too many topics thus leading to too little detail on each matter to be useful. Its value is in reference only with little applicable value.