Brilliant budgets and forecasts : your practical guide to preparing and presenting financial information /: your practical guide to preparing and presenting financial information. (©2010)

• Record Type: Book
• Other Titles: Budgets and forecasts; Your practical guide to preparing and presenting financial information
• Further Information: Note: Malcolm Secrett.
• Other Names: Secrett, Malcolm; Secrett, Malcolm
• Contents: Cover -- Brilliant Budgets and Forecasts -- Contents -- About the author -- Foreword -- Introduction -- Part 1 Budgeting and forecasting essentials -- Understanding budgets and forecasts -- Definitions of budgets and budget forecasts -- Profit and loss forecasts -- Cash flow forecasts -- Spreadsheet-based budgets and forecasts for day-to-day management -- Forecasts -- not the sole province of accountants -- Planning cycles -- Fixed, rolling and perpetual forecasts -- Can a forecast ever be right? Does it need to be? -- Summary -- Using budgets and forecasts -- Budget management Planning and 'what if' -- Cost control -- Raising finance -- Cash flow control -- Summary -- Part 2 Spreadsheet essentials -- Understanding computer spreadsheets -- How to use the example files -- What are spreadsheets? -- Examples of principal facilities and functions -- Handy tips and shortcuts -- Summary -- Spreadsheet techniques for budgeting and forecasting -- So many ways and means -- Essential practices and conventions -- Example forecasts -- Examples of non-essential but useful techniques -- Summary -- Part 3 Building the illustration framework -- Preparations for the illustration budget Are everyone's objectives the same? -- Budgeting methods -- Review of a budgeting process -- The example business 'Widget Makers Ltd' -- Deciding the requirements of the example budget -- A single or departmental budget? -- Cost categories -- Cost headings -- Categorising cost headings -- Revenue headings -- The forecast's duration and periods -- Summary -- Creating the illustration framework -- The sales forecast -- The budget forecast -- The cash flow forecast -- Summary -- Part 4 Using the illustration framework -- Assembling the budget -- Making the sales forecast Making the budget forecast -- Cash flow forecast adjustments -- Charts and key indicators -- Key ratios -- Summary -- Causes and effects -- Adjustment and refinement -- The reiteration process -- Examining causes and effects -- Simple cause and effect -- Address the cause or the effect? -- Gross profitability of each product -- Summary -- Allocation, monitoring and reviewing -- Visibility, clarity and relevance -- Budget allocation -- Performance monitoring principles -- Setting up monitoring for the Widget Makers Ltd forecast -- Recording actual figures -- Reviewing the forecast -- Summary Further analysis -- The impact of change on cash flow -- The effect of rapid growth on cash flow -- 'What if' analysis -- Summary -- Part 5 Handling VAT -- VAT in the forecast -- What is VAT? -- Calculating and paying VAT -- Cash flow forecast VAT calculations -- Summary -- Part 6 Measuring and controlling costs -- Measuring and controlling costs -- First things first -- Absolute figures and percentages -- Measuring production costs -- Measuring manpower costs -- Activity based costing (ABC) -- Summary -- Part 7 A practical forecasting framework -- A practical forecasting framework
• Publisher Details: Harlow, England New York : Pearson
• Publication Date: 2010
• Copyright Date: 2010
• Extent: 1 online resource (xiv, 310 pages), illustrations
• Subjects: 658.154; Budget in business; Business forecasting; Electronic spreadsheets; Gestion budgétaire; Prévision commerciale; Tableurs; Budget in business; Business forecasting; Electronic spreadsheets; Electronic books
• Languages: English
• ISBNs: 0273730916; 9780273730910; 9780273730927; 0273730924
• Related ISBNs: 9780273730910
• Notes: Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.