July 2012
Beginner to intermediate
328 pages
5h 38m
English
Whether everyone’s objectives are the same when forecasting. We’ll look at budgeting methods and review the budgeting process. I’ll introduce you to the example business ‘Widget Makers Ltd’ and we’ll decide on what’s needed for their example budget: for example, should we have a single or departmental budget?
Finally I’ll explain about cost categories, with definitions and examples, and between us we’ll determine the Widget Makers Ltd forecast duration.
The objectives of forecasting are as many and varied as those using them. Some of the typical forecasting and planning objectives ...