Home > Store > Business & Management > Management & Strategy

Brilliant Budgets and Forecasts: Your practical guide to preparing and presenting financial information

Brilliant Budgets and Forecasts: Your practical guide to preparing and presenting financial information

eBook (Watermarked)

  • Your Price: $15.99
  • List Price: $19.99
  • Includes EPUB, MOBI, and PDF
  • About eBook Formats
  • This eBook includes the following formats, accessible from your Account page after purchase:

    ePub EPUB The open industry format known for its reflowable content and usability on supported mobile devices.

    MOBI MOBI The eBook format compatible with the Amazon Kindle and Amazon Kindle applications.

    Adobe Reader PDF The popular standard, used most often with the free Adobe® Reader® software.

    This eBook requires no passwords or activation to read. We customize your eBook by discreetly watermarking it with your name, making it uniquely yours.

Also available in other formats.

Register your product to gain access to bonus material or receive a coupon.

Description

  • Copyright 2010
  • Edition: 1st
  • eBook (Watermarked)
  • ISBN-10: 0-13-374803-0
  • ISBN-13: 978-0-13-374803-1

Writing spreadsheets, budgets and forecasts is an important part of many managers roles, but do you need help in understanding and presenting the information in a clear and concise way? This step-by-step guide shows you the advantages and potentials of using spreadsheets. After reading this book you’ll be able to master company accounts; understand balance sheets, profit and loss accounts and cash flow systems; and learn to analyse and monitor your company’s financial performance.

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

Sample Content

Table of Contents

Introduction

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

Updates

Submit Errata

More Information

Unlimited one-month access with your purchase
Free Safari Membership