Budgeting
2017-01-19 15:52:31 0 举报AI智能生成
预算管理是一种重要的财务管理工具，它涉及对个人或组织的支出和收入进行计划、控制和评估。通过制定预算，人们可以更好地了解自己的财务状况，设定目标并合理分配资源。预算可以帮助节省开支、避免不必要的消费，并为未来的目标和紧急情况提供资金储备。有效的预算管理需要明确目标、详细记录收入和支出、定期审查和调整预算，以确保财务稳定和实现个人或组织的长期目标。无论是家庭、企业还是政府机构，预算管理都是成功的关键之一。
作者其他创作
大纲/内容
Understand what budgets are and how the budgeting process works
What is budget?
Definition: A budget is the financial blueprint or action plan for an organization
Function: translates strategic plans into measurable expenditures and anticipated returns over a certain period of time
Categories
Operating budgets
day-to-to expense and depreciation
Capital budgets
outline planned outlays for investments in plant, equipment, and product development. may cover 3,5 or 10 years
Cash budgets
Different kinds of budget
Time period
Fixed budget
Rolling budget
Forecast values
Static budget
Flexible budget
Setting goals
Top-down
Participatory
Kaizen budgeting
Activity-based budgeting (ABB)
Cost
Type
Fixed Costs
Variable Costs
Allocated costs
Activity-based costing (ABC)
Advantages
Establishing more realistic budgets
Improved accuracy in identifying resource needs
Better linking of costs to outputs
More precise allocation of costs to staff responsibility
Disadvantage
costly and complex to establish
Budgeting
Definition: Budgeting is the process of creating and fine-turning budgets
Activities
Forecasting future business results, such as sale volume, revenue, capital investments, and expenses
Reconciling those forecasts to organizations goals and financial constraints
Obtaining organizational support for the proposed budget
Managing subsequent business acitivities to achieve budgeted results.
Budgeting Process
Setting goals
Setting assumptions
Using trends to predict sales
historical data and run rates
Forecasting expected cost and goods sold
Evaluating and choosing options
Identifying budget impacts
Coordinating departmental budgets
Financial measures of performance
Gross margin
profitability after direct production costs but before other costs that are not specifically tied to production, such as marketing, administrative, and interest expenses.
A measurement of the profitability of product itself
SG&A
selling, general, and Administrative costs
a percentage of sales is a measure of an organization's effectiveness in controlling costs
Revenue per employee
a measure of the operational efficiency of an organization, relative to other companies in the same industry.
A new way of budgeting
The balanced scorecard
Financial perspective
Customer perspective
Internal perspective
Innovation and improvement perspective
Pros
hightlights leading indicators, such as new product development, customer complaints, or direct mail response rates, instead of only sales or cost figures
It balances the four perspectives so that, for example, pressure to develop new products doesn't overshadow the need for quality products and customer satisfaction.
It helps management to communicate strategic goals and mission to all the stakeholders in the organization
Building a Balanced scorecard
Develop goals and measure for critical financial performance measures
Develop goals and measures for critical customer performance variables.
Develop goals and measures for critical internal process performance variables
子主题
Prepare different types of budgets
Creat "what-if" scenarios
Monitor and evaluate budget performance
职业：暂无
0 条评论
下一页
