Brilliant Budgets and Forecasts
Autor Malcolm Secretten Limba Engleză Paperback – apr 2010
Observăm adesea o greșeală fundamentală în rândul managerilor: tratarea bugetării ca pe o sarcină administrativă aridă, realizată mecanic în foi de calcul interminabile, fără o viziune strategică. Brilliant Budgets and Forecasts demontează mitul conform căruia analiza financiară este rezervată exclusiv contabililor, demonstrând că un buget bine structurat este, de fapt, cel mai puternic instrument de control și economisire a timpului pentru orice lider de echipă. Descoperim aici un parcurs metodic care transformă datele brute în indicatori de performanță ușor de interpretat. Textul semnat de Malcolm Secrett se distinge prin pragmatism, oferind explicații clare pentru bilanțuri, conturi de profit și pierdere sau sisteme de cash flow. Dacă Financial Times Essential Guide to Budgeting and Forecasting, The v-a oferit cadrul teoretic și încrederea necesară pentru a gestiona cifrele, această carte oferă instrumentele practice prin modele de calcul descărcabile și exemple actualizate. Spre deosebire de alte ghiduri, accentul nu cade doar pe completarea tabelelor, ci pe capacitatea de a analiza și prezenta rezultatele într-o manieră care să fundamenteze decizii de business reale. Structura volumului publicat de Pearson Education este concepută pentru eficiență, folosind un format care facilitează parcurgerea rapidă a graficelor și a capturilor de ecran. Ne-a atras atenția în mod deosebit integrarea resurselor online, care elimină bariera dintre teorie și implementare, permițând cititorului să aplice imediat în propriul departament tehnicile de monitorizare financiară învățate. Este o resursă esențială pentru a trece de la simpla raportare la o gestionare proactivă a resurselor companiei.
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Specificații
ISBN-10: 0273730916
Pagini: 336
Dimensiuni: 155 x 231 x 20 mm
Greutate: 0.61 kg
Ediția:1
Editura: Pearson Education
Locul publicării:Harlow, United Kingdom
De ce să citești această carte
Această carte se adresează managerilor care doresc să preia controlul asupra performanței financiare a departamentului lor fără a deveni experți contabili. Veți învăța să construiți bugete realiste și să prezentați prognoze convingătoare. Câștigul major este eficiența: prin utilizarea modelelor de calcul gata de folosire, economisiți timp prețios și obțineți o claritate strategică asupra fluxului de numerar și a profitabilității.
Descriere
BRILLIANT OUTCOMES:
• How to save time and gain control of your business.
• Ability to understand, analyse and present financial information in a clear and concise way.
BRILLIANT FEATURES:
• Up-to-date examples and spreadsheets.
• On-line downloads of examples and spreadsheet models
• New 234mm X 156mm format to make
Cuprins
Part 1: BUDGETING AND FORECASTING ESSENTIALS
1. 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
2. Using budgets and forecasts
Budget management
Planning and ‘what if’
Cost control
Raising finance
Cash flow control
Summary
Part 2: SPREADSHEET ESSENTIALS
3. Understanding computer spreadsheets
How to use the example files
What are spreadsheets?
Examples of principal facilities and functions
Handy tips and shortcuts
Summary
4. 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
5. 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 the cost headings
Revenue headings
The forecast’s duration and periods
Summary
6. Creating the illustration framework
Making the sales forecast
The budget forecast
The cash flow forecast
Summary
Part 4: USING THE ILLUSTRATION FRAMEWORK
7. Assembling the budget
Making the sales forecast
Making the budget forecast
Cash flow forecast adjustments
Charts and key indicators
Key ratios
Summary
8. 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
9. 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
10. 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
11. VAT in the forecast
What is VAT?
Calculating and paying VAT
Cash flow forecast VAT calculations
Summary
Part 6: MEASURING AND CONTROLLING COSTS
12. 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
13. A practical forecasting framework
Features and uses of the practical template
Structure of the practical template
Sales and direct costs
Profit and loss / budget
Cash forecast
Asset register
A typical month end routine
Summary
Notă biografică
Building on an innate ability to de-mystify and explain, Malcolm has developed a uniquely pragmatic approach to aspects of management all too often regarded as the sole domain of specialists – including financial forecasting and control, conventional and activity based costing, and the day-to-day application of spreadsheets.
His articles and books have been published throughout the world in English, Spanish, Arabic, Portuguese, Chinese, Russian, Ukrainian and several other languages.
Malcolm is the managing director of iBase Media Services Ltd, (www.ibase.com) a software development company specialising in digital asset management and digital multi-media library systems. He also offers business consultancy with special emphasis on increasing profitability through cost management, and the avoidance of insolvency.
Textul de pe ultima copertă
Save time and take control of your finances, today.
Budgets and forecasts play a crucial role in financial planning, but you don’t have to be an expert in finance to know how to use them well.
Whether you manage budgets, run your own business or simply want to get to grips with finance, Brilliant Budgets and Forecasts shows you how, in clear and simple steps, to master these essential finance tools.
Brilliant outcomes:
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· Know how to create effective budget and forecast frameworks.
· Understand how to efficiently monitor costs through profit and loss sheets.
· Be confident controlling and improving financial performance.
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And much more!
Visit www.pearson-books.com/budgets to download free templates to help you get started.