Budgeting: Fourth Edition: A Comprehensive Guide

A business may need a well-defined budgeting process in order to estimate its future financial situation and arrange for appropriate amounts of financing and personnel. Budgeting: A Comprehensive Guide provides clarity to the process by showing how to assemble a complete set of budgets as well as supporting procedures controls and reports. It also addresses several variations on the basic budgeting concept - the flexible budget and the zero-base budget. And for those organizations that prefer to operate without the rigidity of a formal budget the book discusses how to do so. In short Budgeting provides the complete toolkit of solutions for building a tailor-made budgeting system.