budget-sec2A_6

budget-sec2A_6 - Budgeting: Introduction: William J. Ward,...

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Budgeting: Introduction: William J. Ward, Jr., MBA 1 Budgeting: Introduction William J. Ward, Jr., MBA Johns Hopkins University Performance Reporting Performance Management Performance Planning Section A Performance Planning 3 Budget Defnition ± A budget is a detailed plan showing how resources will be acquired and used over a speciFc time period ± It represents a plan for the future expressed in formal, measurable terms 4 ± A budget is a detailed plan showing how resources will be acquired and used over a speciFc time period ± It represents a plan for the future expressed in formal, measurable terms 5 6 ± A budget is a detailed plan showing how resources will be acquired and used over a speciFc time period ± It represents a plan for the future expressed in formal, measurable terms
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Budgeting: Introduction: William J. Ward, Jr., MBA 2 7 Budget Defnition ± A budget is a detailed plan showing how resources will be acquired and used over a specifc time period ± It represents a plan For the Future expressed in Formal, measurable terms 8 ± A budget is a detailed plan showing how resources will be acquired and used over a specifc time period ± It represents a plan For the Future expressed in Formal, measurable terms 9 ± A budget is a detailed plan showing how resources will be acquired and used over a specifc time period ± It represents a plan For the Future expressed in Formal, measurable terms 10 ± A budget is a detailed plan showing how resources will be acquired and used over a specifc time period ± It represents a plan For the Future expressed in Formal, measurable terms 11 Three Types oF Budgets ± Operating budget ± Capital budget ± Cash budget 12 The Operating Budget ± Business volume ± Prices ± Revenues ± Staffing ± Expenses ± Proft or (loss)
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Budgeting: Introduction: William J. Ward, Jr., MBA 3 13 ± Asset acquisition ± Equipment ± Facilities ± New construction and renovations ± Investments
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This note was uploaded on 01/25/2012 for the course PH 551.603 taught by Professor / during the Spring '12 term at Johns Hopkins.

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budget-sec2A_6 - Budgeting: Introduction: William J. Ward,...

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