Budgets. A quick review of budgets, by definition this is future - TopicsExpress

Budgets. A quick review of budgets, by definition this is future plan to earn and spend money. I notice that the problem with many finance managers is making the assumptions that they know all figures in their heads. Remember no one can claim to have mastered consumer behaviour and therefore imperative you gather information from the market, do trends analysis and develop models that support budgets. Easiest way to do it is to start with corporate Hr analysis, move to revenue and cost drivers, analyze and design a sound budget. Anything short of that may just be pleasant commitment to shareholders that may not be achievable.

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