No other management tool provides the operational direction that a well-planned budget can. Now in a new edition, this book provides updated coverage on issues such as budgeting for exempt organizations and nonprofits in light of the IRS' newly issued Form 990; what manufacturing CFOs' budgeting needs are; current technology solutions; and updated information on value-based budgets. Controllers, budget directors, and CFOs will benefit from this practical how-to book's coverage, from the initial planning process to forecasting to specific industry budgets.
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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