Slide 1 Slide 2 CHAPTER 4 Cost-Volume-Profit Analysis Slide 3 Purpose of Budgeting Planning How many units of input do I need to support a budgeted output? Control Are operations…
1. Budget and Budgetary Control 2. Budget CIMA, London has defined budget as “a financial and/or quantitative statement, prepared prior to a defined period of time, of…
1. Introduction In 2013, I wrote a blog series titled, Budgeting Basis 101: A Step-by-Step Guide to Setting Up a Budget. The response to that series was overwhelming and…
Management Accounting: Costing & Budgeting Individual Assignment Management Accounting: Costing & Budgeting Individual Assignment Acknowledgment I like to give my…
Slide 1 The Role of Budgeting TEACHING OBJECTIVES 1. Introduce the purpose of budgeting. 2. Identify the 3 major types of budgets & their relationships 3. Show the benefits…
Slide 1 Chapter 4 Financial Decisions and Planning Slide 2 Slide 2 What Are Needs and Wants? 4-1 Resources and Choices Needs are things you must have. o Examples: food, clothing,…
New Member Orientation School Finance Introduction Thanks ! âLine Itemâ Components Budget Reports Budget Adjustment Requests (BARâs) Council Meeting Reports Other Duties…