March 2016
Beginner
336 pages
7h 34m
English

The two topics discussed in this chapter are an extension of the planning and budget process described in Chapter 12. They discuss a number of issues that can surface during the development of the budget. While Chapter 12 describes many practices that make the process work successfully in corporations, the articles in this chapter identify in greater analytical detail what the outcomes of the budget process should be.
Many companies are managed from an accounting-oriented perspective. You would think that the 2008–2010 financial crisis would have been a wake-up call for clear thinking. Sadly, strategic thinking ...
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