Managing Budgets

Managing a budget can be a very challenging activity! There are always pressures on expenditure and in today’s economic climate there is the need to “do more for less” in terms of costs are concerned.

In this textbook you’ll receive a thorough grounding in terms of what budgets are and how you can manage them effectively. We’ll cover how to monitor the costs and how to forecast what you need on an ongoing basis.

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Preface

1. Introduction
1.2 Overview of the Ebook
1.3 Basic Finance Terms

2. The Budget as a Policy Statement
2.1 Introduction
2.2 Organizational Structure and Operations
2.3 Organizational Values
2.4 Organizational Direction
2.5 Debt and Debt Servicing
2.6 Where the Organization Might Be Weakest
2.7 Where the Organization is Strongest

3. Financial Information Related to the Budget
3.1 Introduction
3.2 Bookkeeping and the Budget
3.3 Chart of Accounts
3.4 The General Journal (Original Book of Entry)
3.5 The General Ledger

4. Balance Sheet
4.1 Introduction
4.2 What a Balance Sheet Tells You
4.3 What the Balance Sheet Doesn’t Tell You

5. The Income Statement
5.1 Introduction
5.2 Elements of the Income Statement
5.3 What an Income Statement Tells You
5.4 What an Income Statement Does Not Tell You

6. Cash Flow Statement
6.1 Introduction
6.2 Cash Flow Categories
6.3 Preparing the Cash Flow Statement

7. Understanding Budgets
7.1 Introduction
7.2 Reading the Budget

8. Budgeting Your Project(s)
8.1 Introduction
8.2 Approaches to Budgeting
8.3 Budget Objectives
8.4 Budget Constraints

9. References