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Robert G. Finney - Essentials of Business Budgeting (Worksmart Series)

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Now readers can acquire the budgeting know-how needed to master the budgeting process--without an accounting background. This concise guide provides readers with all the skills they need to participate in the budgeting process and turn it into a powerful decision-making tool.

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title Essentials of Business Budgeting WorkSmart Series author - photo 1

title:Essentials of Business Budgeting WorkSmart Series
author:Finney, Robert G.
publisher:AMACOM Books
isbn10 | asin:0814478360
print isbn13:9780814478363
ebook isbn13:9780585032825
language:English
subjectBudget in business.
publication date:1995
lcc:HG4028.B8F559 1995eb
ddc:658.15/4
subject:Budget in business.
Page i
Essentials
Of
Business
Budgeting
Page ii
The WorkSmart Series
The Basics of Business Writing
Commonsense Time Management
Effective Employee Orientation
Essentials of Business Budgeting
Essentials of Total Quality Management
Fundamentals of Project Management
Goal Setting
Great Customer Service on the Telephone
How to Become a Skillful Interviewer
How to Recognize & Reward Employees
How to Speak and Listen Effectively
The Power of Self-Esteem
Productive Performance Appraisals
Resolving Conflicts on the Job
The Successful New Manager
Successful Team Building
Page iii
Essentials
Of
Business
Budgeting
Robert G. Finney
AMACOM
AMERICAN MANAGEMENT ASSOCIATION
THE WORKSMART SERIES
New York Atlanta Boston Chicago Kansas City San Francisco Washington, D.C.
Brussels Toronto Mexico City
Page iv
This book is available at a special
discount when ordered in bulk quantities.
For information, contact Special Sales Department,
AMACOM, a division of American Management Association,
1601 Broadway, New York, NY 10019.
This publication is designed to provide accurate and authoritative infor- mation in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
Library of Congress Cataloging-in-Publication Data
Finney, Robert G.
Essentials of business budgeting / Robert G. Finney.
p. cm.(The WorkSmart series)
ISBN 0-8144-7836-0
1. Budget in business. I. Title. II. Series.
HG4028.B8F559 1995
658.15'4dc20Picture 2Picture 3Picture 494-39941
Picture 5Picture 6Picture 7Picture 8Picture 9CIP
1995 AMACOM, a division of
American Management Association, New York.
Printed in the United States of America.
This publication may not be reproduced,
stored in a retrieval system,
or transmitted in whole or in part,
in any form or by any means, electronic,
mechanical, photocopying, recording, or otherwise,
without the prior written permission of AMACOM,
a division of American Management Association,
1601 Broadway, New York, NY 10019.
Printing number
10 9 8 7 6 5 4 3
Page v
Contents
PREFACE
vii
CHAPTER 1
What a Budget Is
1
CHAPTER 2
How Budgets Are Prepared and Used
9
CHAPTER 3
What to Expect at Budget Time
19
CHAPTER 4
The Unit Manager's Work of Budgeting
28
CHAPTER 5
Handling Uncertainty
36
CHAPTER 6
Defining the Unit's Work
45
CHAPTER 7
Planning the Unit's Work
55
CHAPTER 8
Generating the Budget Numbers
66
CHAPTER 9
Budgeting Costs
77
CHAPTER 10
Putting It All Together
86
CHAPTER 11
Getting the Right Budget Approved
93
GLOSSARY
Accounting Terms Used in Budgeting
101

Page vii
Preface
They say that nothing is certain except death and taxes, but budgets in corporations come close. All sizable businesses prepare budgets, all managers are involved in them, and all employees are affected by them.
The budget is the financial plan of a company for the period of a year, predicting:
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