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Budgeting for Managers, by Sid Kemp, Eric Dunbar
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Now translated into 11 languages! This reader-friendly, icon-rich series is must reading for all managers at every level
All managers, whether brand new to their positions or well established in the corporate heirarchy, can use a little "brushing up" now and then. The skills-based Briefcase Books series is filled with ideas and strategies to help managers become more capable, efficient, effective, and valuable to their corporations.
Managers in all types of organizations and environments must be able to prepare, or at least understand, a realistic and results-oriented budget. Budgeting for Managers��rich in practical techniques and examples��walks the reader through the entire budgeting process, from basic financial concepts and their use in creating a budget to methods for tracking actual spending.
- Sales Rank: #138308 in Books
- Published on: 2003-02-20
- Released on: 2003-02-20
- Original language: English
- Number of items: 1
- Dimensions: 8.90" h x .60" w x 6.00" l, .73 pounds
- Binding: Paperback
- 224 pages
From the Back Cover
Everything You Need to Prepare--and Work With--a Budget for Your Department or for Your Own Small Business
While managers may have vast experience dealing with people and experts in their field, they are often novices when it comes to managing money. Budgeting for Managers starts with the basics of a simple expense budget and gives you everything you need to know to create, present, and track a budget with a spreadsheet or accounting package. From definitions of fundamental accounting terms to techniques for working within your budget and managing money with your team, it will take you through the basics and beyond so that you can:
- Negotiate for the money you need
- Create budgets for growth or downsizing
- Track your budget and measure work results throughout the year
Whether you work for a small business or a large company, Budgeting for Managers will help you succeed. Detailing the standard practices of finance and accounting as well as the best practices of today's successful entrepreneurs, this value-packed Briefcase Book will give you the knowledge and confidence you need to take charge of money, and work alone or with a team to bring success to both your company and your career.
Briefcase Books, written specifically for today's busy manager, feature eye-catching icons, checklists, and sidebars to guide managers step-by-step through everyday workplace situations. Look for these innovative design features to help you navigate through each page:
[Key Terms icon] Clear definitions of key terms, concepts, and jargon
[Smart Managing icon] Sensible strategies for producing an accurate and useful budget
[Tricks of the Trade icon] Hints for successfully executing your budget
[Mistake Proofing icon] Common budgeting mistakes and how to avoid them
[Caution icon] Warning signs of things going wrong during the budget process
[For Example icon] Stories and insights that show how the budgeting process works in real-world situations and companies
[Tools icon] Specific steps for implementing budgeting tools and procedures
About the Author
Sid Kemp is a trainer, author, and consultant, and the head of Quality Technology & Instruction, Inc.
Eric Dunbar is CFO of QTI and works with entrepreneurs to set up financial systems.
Most helpful customer reviews
6 of 6 people found the following review helpful.
Very practical guide
By fortibus85
I purchased this book as required text for a graduate school class, but it is written at the easy undergraduate level. I have done budgets formally for 7 years in my work, and found the discussions/tips to be surprisingly specific, accurate, and helpful. I would expect it to be particularly helpful to a new manager, because it assists you in setting up an organized way of approaching the task which will pay dividends many times over in future quarters/years. Better to get things set up correctly from the beginning than to do it haphazardly and then have to start over a year later.
It also covers the politics and gamesmanship that you occasionally see in some organizations, and common traps and mistakes that can be avoided, including some from using computer spreadsheets. For a few bucks, a few hours of reading, and a few hours of advance planning before you get started, this can help you avoid a lot of frustration and give you a running start.
0 of 0 people found the following review helpful.
Everyone should budget - everywhere
By David Eckhoff
I am currently working with a small business that desires to emerge from "Ma & Pa" status. Up to now they have done little to manage their financial resources, except to count the cash at the end of the month - they do make a handsome profit. But they also recognize that if they are to grow they will need better management, and budgeting is at the core of financial management. I am using this book to walk them through the fundamentals, and I have found it to be a very good resource for educating them on the important aspects of budgeting. Plus, they now understand that budgeting is far more than just deciding on numbers - there have to be reasons for the numbers. I highly recommend this book for newbies at budgeting. You will come away with a solid foundation in the principles and techniques that are so necessary if you want to do it right.
0 of 0 people found the following review helpful.
Brilliant
By Miss Demeanour
This book is brilliant if you're managing a department for the first time or your struggling with your departmental budget.
The authors explain everything clearly and provide easy to follow examples. The book is an easy read with information presented in a way that's simple and easy to retain. If you need to get up to speed fast, this is the book for you.
It's a great book for anyone involved in the budget process.
If you come from an accounting background you won't learn anything new, but you'll certainly get some great tips on how to explain the budget process to those who don't.
To those who have bagged this book, be fair, it's aimed at those who have little or no knowledge.
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