Budgeting Basics and Beyond - Hardcover

by Jae K. Shim (Author), Joel G. Siegel (Author), Allison I. Shim (Author)

A convenient and up-to-date reference tool for today's financial and nonfinancial managers in public practice and private industry

If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Fourth Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. The new edition covers rolling budgets (forecasts), activity-based budgeting, life-cycle budgeting. Cloud computing, Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more!

• Includes several new software packages, computer-based models and spreadsheet applications, including Value Chain Management software, Financial Planning and Performance software, Web 2.0, Cloud computing, and capital budgeting software
• Features case studies, illustrations, exhibits, forms, checklists, graphs, samples, and worked-out solutions to a wide variety of budgeting, planning, and control problems
• Offers financial planning and new types of financial modeling, variance analysis, Web-based budgeting, active budgeting illuminating "what-if" analyses throughout, spreadsheet applications, break-even analysis, project analysis, and capital budgeting

Budgeting Basics and Beyond, Fourth Edition is a practical, easy-to-use problem-solver and up-to-date reference tool for today's financial and nonfinancial managers in public practice and private industry.

Front Jacket

If the very thought of budgets sets you on edge, this easy-to-use guide is just what you need. Now updated in a fourth edition, Budgeting Basics and Beyond provides the direction you need to establish clearer goals and handle any type of budgeting problem that comes up--and beyond.

With a greater focus on technological applications including e-budgeting and Web-based budgeting systems, the new edition also includes a brand new chapter on budgeting for cost management, providing a more well-rounded view on effective budgeting today.

Budgeting Basics and Beyond, Fourth Edition features on-the-job budgeting tools you need to know about, including:

• Techniques for preparing estimates

• Control and variance analysis devices

• Pricing guidelines for products and services

• Planning and scheduling production and related costs

• Profit planning and problem identification

• Spreadsheet applications for planning, budgeting, and control processes

• Sales and financial forecasting methodology

• Balanced Scorecard and performance metrics

Brimming with case studies, illustrations, exhibits, forms, checklists, graphs, samples, and worked-out solutions to a wide variety of budgeting, planning, and control problems, Budgeting Basics and Beyond, Fourth Edition equips managers with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective.

Back Jacket

BUDGETING BASICS AND BEYOND

Fourth Edition

If the very thought of budgets sets you on edge, this easy-to-use guide is just what you need. Now updated in a fourth edition, Budgeting Basics and Beyond provides the direction you need to establish clearer goals and handle any type of budgeting problem that comes up--and beyond.

With a greater focus on technological applications including e-budgeting and Web-based budgeting systems, the new edition also includes a brand new chapter on budgeting for cost management, providing a more well-rounded view on effective budgeting today.

Budgeting Basics and Beyond, Fourth Edition features on-the-job budgeting tools you need to know about, including:

• Techniques for preparing estimates
• Control and variance analysis devices
• Pricing guidelines for products and services
• Planning and scheduling production and related costs
• Profit planning and problem identification
• Spreadsheet applications for planning, budgeting, and control processes
• Sales and financial forecasting methodology
• Balanced Scorecard and performance metrics

Brimming with case studies, illustrations, exhibits, forms, checklists, graphs, samples, and worked-out solutions to a wide variety of budgeting, planning, and control problems, Budgeting Basics and Beyond, Fourth Edition equips managers with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective.

Author Biography

JAE K. SHIM, PHD, has authored or coauthored more than fifty professional and college finance and accounting books. Thirty of his publications have been translated into various languages such as Chinese, Spanish, Russian, Polish, Croatian, Italian, Japanese, and Korean. He is CEO of Delta Consulting Co., a consulting and training firm, and accounting and finance professor at California State University, Long Beach.

JOEL G. SIEGEL, PHD, CPA, is the author of over fifty books and has written hundreds of articles for accounting and financial journals. He was a member of the audit staff at Coopers & Lybrand. Dr. Siegel has acted as consultant in accounting issues to many organizations, including IT&T, Citicorp, and Person/Wolinsky CPA Review.

ALLISON I. SHIM, MS, is CFO of Delta Consulting Co. She is a finance expert and a PhD candidate at the University of California at Irvine.