Planning and budgeting is one of the hottest topics in accounting; global spending on budgeting software is booming and is predicted to continue to grow throughout this decade. It's big business.
This book focuses on 'Driver-Based' budgeting (ie using external and internal non-financial drivers to predict live item expenses). The book shows the benefits that Driver-Based Budgeting brings and as such is a 'tool kit for change'. Case studies and worked examples are used throughout to ensure understanding, as well as checklists on implementation issues.
• Transform the process of implementing new budgeting software with Driver-Based Budgeting
• Shows how organizations can slash the time and cost involved in preparing their annual budget
• Accountants learn how to manage uncertainty and quickly assess the impact of both internal and external changes