Provides a practical guide to the whole budgeting process. It shows why budgets are useful, how they can be successfully put together and how they can be used to run a better and more efficient business.

 

•  Create an understanding about the three kinds of budgets that can be used (operating, capital and cash budgets)

•  Provide a simple and practical approach to building budgets (generally from a zero base)

•  Show budget accountable people how a budget can be kept relevant and up-to-date to maintain it as a useful decision-making tool

 

1. Identifying business opportunities

2. Determining operational activities

3. Setting up budget centers

4. Building costs from a zero base

5. Communicating budget plans

6. Piloting a budget

7. Assessing early results

8. Developing and implementing budget standards

9. Applying the budget learning Budget post auditing