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Handbook of Budgeting (4th Edition)
 
 
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Handbook of Budgeting (4th Edition) (Hardcover)

by Robert Rachlin (Author, Editor) "The budgeting or planning process serves a number of functions..." (more)
Key Phrases: divisional profit goals, managers review sales forecast, belief graph, New York, American Skate, United States (more...)
4.0 out of 5 stars See all reviews (2 customer reviews)


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Editorial Reviews

Product Description
Without clearly outlined budgets, corporations are unable to predict profits or losses or create plans for the future. This handbook shows controllers and budget directors how to create any style of budget, from the traditional approach to the cutting-edge, activity-based approach. No other management tool provides the operational direction that a well-planned budget does, and no other book provides such a complete guide to preparation, presentation, analysis, and effective use.

This book is supplemented annually.

From the Back Cover
A budget is the formal expression of the plans and objectives of management that covers all phases of operations for a specific period of time. Without clearly outlined budgets, corporations are unable to predict profits or losses or create plans for the future. The Fifth Edition of the Handbook of Budgeting has been fully revised and updated to help you keep up with this ever-changing world. This handbook shows controllers and budget directors how to create any style of budget, from traditional approaches to more cutting-edge approaches. Divided into five informative parts: An Introduction to Budgeting, Tools and Techniques, Preparation of Specific Budgets, Budgeting Applications, and Industry Budgets, this book provides complete coverage of the preparation, presentation, analysis, and effective use of the budgeting function. The Fifth Edition of the Handbook of Budgeting covers all facets of budget presentation for both profit and nonprofit organizations, and includes chapters on specific industries such as healthcare, biotechnology, and higher education. Numerous checklists and examples will ensure your understanding of this critical topic and help you enhance your budgeting skills. --This text refers to the Hardcover edition.

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Product Details

  • Hardcover: 944 pages
  • Publisher: John Wiley & Sons; 4th edition (October 1998)
  • Language: English
  • ISBN-10: 0471183504
  • ISBN-13: 978-0471183501
  • Product Dimensions: 10.2 x 7.3 x 1.9 inches
  • Shipping Weight: 4.1 pounds
  • Average Customer Review: 4.0 out of 5 stars See all reviews (2 customer reviews)
  • Amazon.com Sales Rank: #1,872,736 in Books (See Bestsellers in Books)

Inside This Book (learn more)
First Sentence:
The budgeting or planning process serves a number of functions. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
divisional profit goals, managers review sales forecast, belief graph, departmental budget proposals, incentive compensation purposes, integrated planning document, investment opportunity rate, norm bonuses, balance sheet budgeting, actual manufacturing overhead, strategic direction paper, postcompletion audit, technological budget, nonsalary expenses, higher administrative expenses, operating unit head, lease reporting, particular operating unit, product cost data, executory costs, deductions from revenue, initial cash outflow, aftertax cost, fixed factory overhead, operating drivers
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, American Skate, United States, Range Estimating, Harvard Business Review, Digital Equipment, John Wiley, American Payroll Association, Conference Board, Fishing Supplies Company, Englewood Cliffs, Six Sigma, Managerial Finance, Engineering Economist, Dollars Exhibit, Volume Exhibit, General Electric, Monte Carlo, The Accounting Review, World War, American Association of Cost Engineers, Harvard Business School Press, Pareto's Law, San Francisco, American Institute of Certified Public Accountants
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Customer Reviews

2 Reviews
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Average Customer Review
4.0 out of 5 stars (2 customer reviews)
 
 
 
 
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7 of 7 people found the following review helpful:
5.0 out of 5 stars Great resources for all financial professionals, August 21, 2000
By Ashraf Ahmed (Andover, MN) - See all my reviews
As a new financial manager I was searching for a book which will show me to prepare a budget and understand a budget process. No doubt understanding budget is the most immportant role in this field and this book I found was most helpful. I strongly recommend this to all finaltial professionals.
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4 of 5 people found the following review helpful:
3.0 out of 5 stars Needs more updating, August 10, 2002
Overall a good book, because it covers most topics related to planning and budgeting.

Some chapters need serious updating. For instance Chapter 32: "Computer applications in Budgeting, 'Microcomputer' Overview and needs assessment.." is totally out of date with respect to software applications in budgeting (Who still uses the term "Microcomputer" ?.
I have found this to be unnacceptable for a book with this price tag.

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