The Budget Paradise, Part 2
Then I am back at my desk, my journey is over. I had seen the budget in its entirety…
Then I am back at my desk, my journey is over. I had seen the budget in its entirety…
“Ciao! Welcome to the Budget Paradise” came a voice.
Budgeting and planning inevitably presents challenges to businesses, some of which serve as greater obstacles than…
The budgeting cycle for 2017 is fast-approaching. What types of goals will your organization have for 2017?
The annual budget has too much rigidity to be able to support the fluctuating nature of fast-growing businesses. As a result…
There was a time when budgets were prepared manually, and Excel had yet to be invented.
The American Productivity and Quality Center (APQC) shows that the majority of businesses (even larger enterprises) still use spreadsheets for budgeting.
Midway through the journey of the fiscal year I found myself in the dark wood of the Budget. I don’t know how I got here and I didn’t know how to get out…
There’s nothing fancy about the spreadsheet or the computation methodology.
The budgeting process for banks is quite different from most industries. The focus begins with the Balance Sheet, and the reflection of the instruments already generating revenue and cash flows, at various rates and maturity dates. This then serves as the basis of the budget going forward as new volumes are forecasted.