Handbook of Budgeting
Wiley Corporate F&A
6. Edition February 2012
864 Pages, Hardcover
Wiley & Sons Ltd
Short Description
No other management tool provides the operational direction that a well-planned budget can. Now in a new edition, this book provides updated coverage on issues such as budgeting for exempt organizations and nonprofits in light of the IRS' newly issued Form 990; what manufacturing CFOs' budgeting needs are; current technology solutions; and updated information on value-based budgets. Controllers, budget directors, and CFOs will benefit from this practical "how-to" book's coverage, from the initial planning process to forecasting to specific industry budgets.
No other management tool provides the operational direction that a well-planned budget can. Now in a new edition, this book provides updated coverage on issues such as budgeting for exempt organizations and nonprofits in light of the IRS' newly issued Form 990; what manufacturing CFOs' budgeting needs are; current technology solutions; and updated information on value-based budgets. Controllers, budget directors, and CFOs will benefit from this practical "how-to" book's coverage, from the initial planning process to forecasting to specific industry budgets.
Preface xvii
PART ONE: INTRODUCTION TO THE BUDGETING PROCESS
Chapter 1: Integrating The Balanced Scorecard for Improved Planning and Performance Management 3
Chapter 2: Strategic Balanced Scorecard-Based Budgeting and Performance Management 25
Chapter 3: Budgeting and the Strategic Planning Process 41
Chapter 4: Budgeting and Forecasting: Process Tweak or Process Overhaul? 71
Chapter 5: The Budget: An Integral Element of Internal Control 93
Chapter 6: Relationship Between Strategic Planning and the Budgeting Process 103
Chapter 7: The Essentials of Business Valuation 115
Chapter 8: Moving Beyond Budgeting: Integrating Continuous Planning and Adaptive Control 145
Chapter 9: Moving Beyond Budgeting: An Update 161
PART TWO: TOOLS AND TECHNIQUES
Chapter 10: Implementing Forecasting Best Practices 169
Chapter 11: Calculations and Modeling in Budgeting Software 181
Chapter 12: Cost-Accounting Systems: Integration with Manufacturing Budgeting 193
Chapter 13: Break-Even and Contribution Analysis as a Tool in Budgeting 249
Chapter 14: Profitability and the Cost of Capital 263
Chapter 15: Budgeting Shareholder Value 279
Chapter 16: Applying the Budget System 297
Chapter 17: Budgets and Performance Compensation 307
Chapter 18: Predictive Costing, Predictive Accounting 329
Chapter 19: Cost Behavior and the Relationship to the Budgeting Process 357
PART THREE: PREPARATION OF SPECIFIC BUDGETS
Chapter 20: Sales and Marketing Budget 379
Chapter 21: Manufacturing Budget 395
Chapter 22: Research and Development Budget 455
Chapter 23: Administrative-Expense Budget 493
Chapter 24: Budgeting the Purchasing Department and the Purchasing Process 507
Chapter 25: Capital Investment Review: Toward a New Process 519
Chapter 26: Leasing 545
Chapter 27: Balance-Sheet Budget 581
Chapter 28: Budgeting Property and Liability Insurance Requirements 635
PART FOUR: BUDGETING APPLICATIONS
Chapter 29: Budgeting: Key to Corporate Performance Management 659
Chapter 30: Zero-Based Budgeting 677
Chapter 31: Bracket Budgeting 697
Chapter 32: Program Budgeting: Planning, Programming, Budgeting 723
Chapter 33: Activity-Based Budgeting 767
PART FIVE: INDUSTRY BUDGETS
Chapter 34: Budgeting For Corporate Taxes 793
Chapter 35: Budgeting in the Global Internet Communication Technology Industry 805
Index 825
