Financial Management for Non-Financial Managers > 05 Planning and budgeting

Table of Contents

Download Safari Books Online apps: Apple iOS | Android

Entire Site

Free Trial

Safari Books Online is a digital library providing on-demand subscription access to thousands of learning resources.

This Book

Financial Management for Non-Financial Managers

Search

Table of Contents

Contents

Online resources

Introduction

01 Types of business structure and their finance

02 The role of the accounting and finance department

03 Accounting and financial statements

04 Analysis and financial ratios

05 Planning and budgeting

The planning and budgeting process

Departmental budgets and variance analysis

Key budgets: sales, production, materials, labour, overheads, capital

Some key departmental budgets

The direct materials budget

Capital budgets

Capital rationing

Summary

06 Product and service costing and pricing

07 Setting selling prices and marketing strategies

08 Investment appraisal

09 Finance, funding and working capital

10 International transactions and currency risk

11 Company taxation and financial management

12 The value of a business

13 Financial strategy

14 The cost of capital

48 C h A P T E R F I v E PlAnnInG AnD bUDGETInG I n this chapter we will explain how departmental budgets are prepared from plans and how performance against them is monitored. A budget should be the financial evaluation of a plan. Accordingly the

Download Safari Books Online apps: Apple iOS | Android

This Book

Search

Contents

05 Planning and budgeting - Pg. 48