Budgeting Basics and Beyond
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Budgeting Basics and Beyond

Budgeting Basics and Beyond


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About the Book

If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Third Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. Written by Jae Shim and Joel Siegel, the new edition covers Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more!

Table of Contents:
About the Authors. Preface. 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. Index.

About the Author :
JAE K. SHIM, PhD, has authored or coauthored more than fifty professional and college finance and accounting books. He is CEO of Delta Consulting Co., a financial consulting and training firm, and has been a consultant to commercial and nonprofit organizations for over thirty years. JOEL G. SIEGEL, PhD, CPA, is the author of over fifty books and has written hundreds of articles for accounting and financial journals. Dr. Siegel has acted as consultant in accounting issues to many organizations, including IT&T, Citicorp, and Person/Wolinsky CPA Review.


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Product Details
  • ISBN-13: 9780470389683
  • Publisher: John Wiley and Sons Ltd
  • Publisher Imprint: John Wiley & Sons Ltd
  • Edition: Revised edition
  • Language: English
  • Spine Width: 24 mm
  • Width: 163 mm
  • ISBN-10: 0470389680
  • Publisher Date: 31 Oct 2008
  • Binding: Paperback
  • Height: 236 mm
  • Returnable: N
  • Weight: 628 gr


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