Budgeting

Introduction to budgeting Cost-volume-profit analysis — The system of budgets — The revenue budget — The ending finished good inventory budget — The production budget — The direct materials budget — The direct labor budget — The manufacturing overhead budget — The cost of goods sold budget — The sales and marketing budget — The research and development budget — The administration budget — The capital budget — The compensation budget — The master budget — Nonprofit budgeting — Flexible budgeting — Cost variability — The zero-base budget — Operating without a budget — The rolling forecast — Budgeting procedures — Budgeting efficiencies — Budget reporting — Budgeting controls — Sample budget.

A business may need a well-defined budgeting process in order to estimate its future financial situation and arrange for appropriate amounts of financing and personnel. Budgeting: A Comprehensive Guide provides clarity to the process by showing how to assemble a complete set of budgets, as well as supporting procedures, controls, and reports. It also addresses several variations on the basic budgeting concept - the flexible budget and the zero-base budget. And for those organizations that prefer to operate without the rigidity of a formal budget, the book discusses how to do so. In short, Budgeting provides the complete toolkit of solutions for building a tailor-made budgeting system.

Bibliography from B3 Fashion & Luxury: Supply Changes & Topics in Management