May 2009
Intermediate to advanced
96 pages
1h 17m
English
Content preview from Preparing a Budget
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An Overview of Budgeting
AS A MANAGER , you may be asked to prepare a budget for your department or business unit. But what is a budget, exactly? How does budgeting work, and why is preparing a well-thought-out budget important? Let’s take a closer look at these questions below.
What is a budget?
A budget is the financial blueprint or action plan for a department or organization. It translates strategic plans into measurable expenditures and anticipated returns over a certain period of time.
Budgeting activities include:
- Forecasting future business results, such as sales volume, revenues, capital investments, and expenses
- Reconciling those ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.