SlideShare une entreprise Scribd logo
1  sur  13
Budgeting Concepts, Policy, Process and
Beyond - Session ONE
Section 1 – Budgeting Concepts            Page
Budgeting VS. Accounting                  4

Budget Definition                         5

Advantages of Budgeting                   6

Disadvantages of Budgeting                7

Uses of Budget                            8

Why Plan?                                 9

Understanding Where Your Budget Fits In   10

Why Budget?                               11

Decision Making                           12

Budget Committee Decision                 19

Budget Period Decision                    20

Parts of a Budget                         21

Types of Budgets                          22

Ratio Analysis                            29

Budgeting Tips and Tricks                 36
Understanding Where Your Budget Fits In
Your budget should flow down from your company’s plan, like this:
Types of Budgets

                            Capital
                            Budget
       Sales                                     Cash
      Budget                                    Budget



                   Main Types of
                      Budget


Production                            Expense
  Budget                              Budget
                  Labor
                 Budget
Ratio Analysis (3/7)
Current Ratio




Quick Ratio
Ratio Analysis (4/7)
Debt Ratio




                              Gross Profit Margin
Ratio Analysis (5/7)
Return on Sales Ratio




                            Debt to Net Worth Ratio
Ratio Analysis (6/7)
Cash Turnover Ratio




Collection Ratio
Ratio Analysis (7/7)
Return on Investment
Section 2 – Budgeting Policies and Procedures   Page


Budgeting Procedures - Intro                     40


Formulation of the Budget                        41


Budget Variance Reports                          47


Subsequent Account Changes                       49


Budgeting Tips and Tricks                        52
Section 3– Budgeting Process           Page

Definition Of Budgeting Process         55

The 6 Steps Of a Budgeting Process      56

Where Can You Get your Numbers From?    71

Getting Your Budget Approved            74

Monitoring and Managing Budgets         75

Budgeting Tips and Tricks               77
The 6 Steps Of a Budgeting Process
The budgeting process typically has six steps.
Thank You For Coming Today!




            Facilitator: Antoine Tabbakh

Tel: +961 1 385 825 / website: www.bsf-lb.com
            Email: info@bsf-lb.com




/BestSolutionFinance       Company/bsf     #bsfbeirut

Contenu connexe

Tendances

Budgetary control
Budgetary controlBudgetary control
Budgetary controlRohit Mohan
 
Budget Classification
Budget ClassificationBudget Classification
Budget ClassificationKundan Ganvir
 
Budget and its features
Budget and its featuresBudget and its features
Budget and its featuresAjilal
 
Budget& budgetory control
Budget& budgetory controlBudget& budgetory control
Budget& budgetory controlSuresh Vadde
 
Meaning of budget
Meaning of budgetMeaning of budget
Meaning of budgetalekh panda
 
8 Steps To Creating A Small Business Budget
8 Steps To Creating A Small Business Budget8 Steps To Creating A Small Business Budget
8 Steps To Creating A Small Business BudgetErik Larson
 
Budget and Basic concepts
Budget and Basic conceptsBudget and Basic concepts
Budget and Basic conceptsarunvarikoli
 
Budget, Budgeting & budgetary control
Budget, Budgeting & budgetary controlBudget, Budgeting & budgetary control
Budget, Budgeting & budgetary controlShilpi Panchal
 
budget budgeting and budgetary control
budget budgeting and budgetary controlbudget budgeting and budgetary control
budget budgeting and budgetary controlKajal Sharma
 
Budgeting and Budgetary Control
Budgeting and Budgetary ControlBudgeting and Budgetary Control
Budgeting and Budgetary ControlAnshuman Singh
 
Budget and Budgetary control
Budget and Budgetary controlBudget and Budgetary control
Budget and Budgetary controlAbhishek Pradhan
 
Budget and budgetary control
Budget and budgetary controlBudget and budgetary control
Budget and budgetary controlUmeshJain27
 
CMA Part 1: Planning, Budgeting and Forecasting
CMA Part 1: Planning, Budgeting and Forecasting CMA Part 1: Planning, Budgeting and Forecasting
CMA Part 1: Planning, Budgeting and Forecasting Mohsin Munir
 
Budget Presentation Template
Budget Presentation TemplateBudget Presentation Template
Budget Presentation Templateajaque
 

Tendances (19)

Budget and its type
Budget and its typeBudget and its type
Budget and its type
 
Budgetary control
Budgetary controlBudgetary control
Budgetary control
 
Budget Classification
Budget ClassificationBudget Classification
Budget Classification
 
Budget and its features
Budget and its featuresBudget and its features
Budget and its features
 
Budget planning and management
Budget planning and managementBudget planning and management
Budget planning and management
 
Budget& budgetory control
Budget& budgetory controlBudget& budgetory control
Budget& budgetory control
 
Budgeting
BudgetingBudgeting
Budgeting
 
Meaning of budget
Meaning of budgetMeaning of budget
Meaning of budget
 
8 Steps To Creating A Small Business Budget
8 Steps To Creating A Small Business Budget8 Steps To Creating A Small Business Budget
8 Steps To Creating A Small Business Budget
 
Budget and Basic concepts
Budget and Basic conceptsBudget and Basic concepts
Budget and Basic concepts
 
Budget, Budgeting & budgetary control
Budget, Budgeting & budgetary controlBudget, Budgeting & budgetary control
Budget, Budgeting & budgetary control
 
budget budgeting and budgetary control
budget budgeting and budgetary controlbudget budgeting and budgetary control
budget budgeting and budgetary control
 
Budgeting and Budgetary Control
Budgeting and Budgetary ControlBudgeting and Budgetary Control
Budgeting and Budgetary Control
 
Budget and Budgetary control
Budget and Budgetary controlBudget and Budgetary control
Budget and Budgetary control
 
Meaning of budget
Meaning of budgetMeaning of budget
Meaning of budget
 
Budget and budgetary control
Budget and budgetary controlBudget and budgetary control
Budget and budgetary control
 
Budgetary control ppt
Budgetary control pptBudgetary control ppt
Budgetary control ppt
 
CMA Part 1: Planning, Budgeting and Forecasting
CMA Part 1: Planning, Budgeting and Forecasting CMA Part 1: Planning, Budgeting and Forecasting
CMA Part 1: Planning, Budgeting and Forecasting
 
Budget Presentation Template
Budget Presentation TemplateBudget Presentation Template
Budget Presentation Template
 

Similaire à Budgeting Concepts, Policy, Process and Beyond

Tech Hub Financial Planning Workshop
Tech Hub Financial Planning WorkshopTech Hub Financial Planning Workshop
Tech Hub Financial Planning Workshopbaileyj
 
Budgetpreparationv1 090423011914-phpapp01
Budgetpreparationv1 090423011914-phpapp01Budgetpreparationv1 090423011914-phpapp01
Budgetpreparationv1 090423011914-phpapp01Nirbhay Singh
 
Tips and Tools for Great Financial Management
Tips and Tools for Great Financial ManagementTips and Tools for Great Financial Management
Tips and Tools for Great Financial ManagementGreenlights
 
Budgeting for Planning and Control - 4AKMA
Budgeting for Planning and Control - 4AKMABudgeting for Planning and Control - 4AKMA
Budgeting for Planning and Control - 4AKMASherrinTjandra
 
Financial Management for Small Business with Luis Argueta
Financial Management for Small Business with Luis ArguetaFinancial Management for Small Business with Luis Argueta
Financial Management for Small Business with Luis ArguetaPeopleFund
 
Host Analytics Future of Finance Tour: Steve Player
Host Analytics Future of Finance Tour: Steve PlayerHost Analytics Future of Finance Tour: Steve Player
Host Analytics Future of Finance Tour: Steve PlayerHost Analytics
 
Building a Business Development Strategy
Building a Business Development StrategyBuilding a Business Development Strategy
Building a Business Development StrategyCrystal Miller Lay
 
Financial management primer-Sabatier
Financial management primer-SabatierFinancial management primer-Sabatier
Financial management primer-SabatierLouannsabatier
 
Budgeting & Forecasting for High Growth Companies (Updated!)
Budgeting & Forecasting for High Growth Companies (Updated!)Budgeting & Forecasting for High Growth Companies (Updated!)
Budgeting & Forecasting for High Growth Companies (Updated!)Chris Arndt
 
Optimal capital budgeting
Optimal capital budgetingOptimal capital budgeting
Optimal capital budgetingUrusha Hada
 
Fundraising Series (Part One) - "Building Your Story"
Fundraising Series (Part One) - "Building Your Story"Fundraising Series (Part One) - "Building Your Story"
Fundraising Series (Part One) - "Building Your Story"Pemo Theodore
 
Manajemen keuangan.lecture 4 min
Manajemen keuangan.lecture 4 minManajemen keuangan.lecture 4 min
Manajemen keuangan.lecture 4 minstanspmb
 

Similaire à Budgeting Concepts, Policy, Process and Beyond (20)

Tech Hub Financial Planning Workshop
Tech Hub Financial Planning WorkshopTech Hub Financial Planning Workshop
Tech Hub Financial Planning Workshop
 
Sales budget
Sales budgetSales budget
Sales budget
 
Budgetpreparationv1 090423011914-phpapp01
Budgetpreparationv1 090423011914-phpapp01Budgetpreparationv1 090423011914-phpapp01
Budgetpreparationv1 090423011914-phpapp01
 
Tips and Tools for Great Financial Management
Tips and Tools for Great Financial ManagementTips and Tools for Great Financial Management
Tips and Tools for Great Financial Management
 
Budgeting for Planning and Control - 4AKMA
Budgeting for Planning and Control - 4AKMABudgeting for Planning and Control - 4AKMA
Budgeting for Planning and Control - 4AKMA
 
Financial Management for Small Business with Luis Argueta
Financial Management for Small Business with Luis ArguetaFinancial Management for Small Business with Luis Argueta
Financial Management for Small Business with Luis Argueta
 
Host Analytics Future of Finance Tour: Steve Player
Host Analytics Future of Finance Tour: Steve PlayerHost Analytics Future of Finance Tour: Steve Player
Host Analytics Future of Finance Tour: Steve Player
 
Building a Business Development Strategy
Building a Business Development StrategyBuilding a Business Development Strategy
Building a Business Development Strategy
 
Financial Management Primer
Financial Management PrimerFinancial Management Primer
Financial Management Primer
 
Financial management primer-Sabatier
Financial management primer-SabatierFinancial management primer-Sabatier
Financial management primer-Sabatier
 
Module
ModuleModule
Module
 
Budgeting & Forecasting for High Growth Companies (Updated!)
Budgeting & Forecasting for High Growth Companies (Updated!)Budgeting & Forecasting for High Growth Companies (Updated!)
Budgeting & Forecasting for High Growth Companies (Updated!)
 
Capital
CapitalCapital
Capital
 
Bcprimer
BcprimerBcprimer
Bcprimer
 
Optimal capital budgeting
Optimal capital budgetingOptimal capital budgeting
Optimal capital budgeting
 
Fundraising Series (Part One) - "Building Your Story"
Fundraising Series (Part One) - "Building Your Story"Fundraising Series (Part One) - "Building Your Story"
Fundraising Series (Part One) - "Building Your Story"
 
Manajemen keuangan.lecture 4 min
Manajemen keuangan.lecture 4 minManajemen keuangan.lecture 4 min
Manajemen keuangan.lecture 4 min
 
Financial Management- Making Capital Investment Decision
Financial Management- Making Capital Investment DecisionFinancial Management- Making Capital Investment Decision
Financial Management- Making Capital Investment Decision
 
2022-L1V3.pdf
2022-L1V3.pdf2022-L1V3.pdf
2022-L1V3.pdf
 
Business growth model
Business growth model  Business growth model
Business growth model
 

Dernier

Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...Call Girls in Nagpur High Profile
 
Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432motiram463
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...roshnidevijkn ( Why You Choose Us? ) Escorts
 
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...dipikadinghjn ( Why You Choose Us? ) Escorts
 
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Availabledollysharma2066
 
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...Delhi Call girls
 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...priyasharma62062
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...Henry Tapper
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Call Girls in Nagpur High Profile
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Call Girls in Nagpur High Profile
 
7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator OptionsVince Stanzione
 
(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7
(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7
(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7jayawati511
 
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...priyasharma62062
 
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...amitlee9823
 
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...priyasharma62062
 
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...priyasharma62062
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...dipikadinghjn ( Why You Choose Us? ) Escorts
 

Dernier (20)

Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
 
Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432
 
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
 
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
 
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
 
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
 
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
 
7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options
 
(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7
(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7
(Sexy Sheela) Call Girl Mumbai Call Now 👉9920725232👈 Mumbai Escorts 24x7
 
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
 
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
 
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
 
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 

Budgeting Concepts, Policy, Process and Beyond

  • 1. Budgeting Concepts, Policy, Process and Beyond - Session ONE
  • 2. Section 1 – Budgeting Concepts Page Budgeting VS. Accounting 4 Budget Definition 5 Advantages of Budgeting 6 Disadvantages of Budgeting 7 Uses of Budget 8 Why Plan? 9 Understanding Where Your Budget Fits In 10 Why Budget? 11 Decision Making 12 Budget Committee Decision 19 Budget Period Decision 20 Parts of a Budget 21 Types of Budgets 22 Ratio Analysis 29 Budgeting Tips and Tricks 36
  • 3. Understanding Where Your Budget Fits In Your budget should flow down from your company’s plan, like this:
  • 4. Types of Budgets Capital Budget Sales Cash Budget Budget Main Types of Budget Production Expense Budget Budget Labor Budget
  • 5. Ratio Analysis (3/7) Current Ratio Quick Ratio
  • 6. Ratio Analysis (4/7) Debt Ratio Gross Profit Margin
  • 7. Ratio Analysis (5/7) Return on Sales Ratio Debt to Net Worth Ratio
  • 8. Ratio Analysis (6/7) Cash Turnover Ratio Collection Ratio
  • 10. Section 2 – Budgeting Policies and Procedures Page Budgeting Procedures - Intro 40 Formulation of the Budget 41 Budget Variance Reports 47 Subsequent Account Changes 49 Budgeting Tips and Tricks 52
  • 11. Section 3– Budgeting Process Page Definition Of Budgeting Process 55 The 6 Steps Of a Budgeting Process 56 Where Can You Get your Numbers From? 71 Getting Your Budget Approved 74 Monitoring and Managing Budgets 75 Budgeting Tips and Tricks 77
  • 12. The 6 Steps Of a Budgeting Process The budgeting process typically has six steps.
  • 13. Thank You For Coming Today! Facilitator: Antoine Tabbakh Tel: +961 1 385 825 / website: www.bsf-lb.com Email: info@bsf-lb.com /BestSolutionFinance Company/bsf #bsfbeirut

Notes de l'éditeur

  1. Engage participants in a discussion about their budgeting process and how their plans currently flow and should flow.
  2. Ask the attendees to calculate the ratios based on the sample balance sheet provided before.Current Ratio= 2.6Quick Ratio= 1.5
  3. Ask the attendees to calculate the ratios based on the sample balance sheet provided before.Debt Ratio= 39%Gross Profit Margin= 68%
  4. Ask the attendees to calculate the ratios based on the sample balance sheet provided before.Return on Sales Ratio= 48%Debt to Net Worth Ratio= 64% (high debt to net worth ratio may indicate that the business is overly burdened by interest payments and hampered in its ability to borrow any additional funds which may be necessary. Too low a ratio, however, may indicate that a business is too conservative and could effectively borrow more money to generate more profits. A ratio higher than 1 indicates too much debt for net worth)
  5. Ask the attendees to calculate the ratios based on the sample balance sheet provided before.Cash Turnover Ratio= 3 (22000/11500-4500) Cash Turnover Ratio provides an indication of how often cash flow turns over to finance your sales.Collection Ratio= 124 days (The period should be no more than 1.5 times your credit overdue period)
  6. Ask the attendees to calculate the ratios based on the sample balance sheet provided before.Return on Investment= 1.5 or 150%