Detail Budgets on A Roll   Oleh:  Myers, Randy Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Accountancy vol. 192 no. 6 (Dec. 2001), page 41-48. Topik: budgets; budgets; roll Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.13 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel For years, senior managers at REL Consultancy Group handled budgeting and revenue forecasting much the way most other companies do. As year - end approached, they would evaluate performance, set sales targets for the upcoming year and then work to see that everyone met or exceeded the goals. Unfortunately, the process didn’t always produce the intended results. "Invariably,” recalls Stephen Payne, president of the London - based global management consulting firm, “one of the account directors would land a couple of good clients early in the year and make his annual budget well before the year closed. More often than not, he’d then take his foot off the gas and coast.” To make the budgeting process more timely and relevant, the firm embraced a more complex, albeit intuitive, approach to financial forecasting - the rolling budget. Rather than creating an annual financial forecast that remains static for the year, he and his colleagues now produce an 18 - month budget and then update projections every month - in effect, recalculating the whole budget. As the firm’s actual sales figures come in each month, directors plug them into their forecasting model in place of what they had projected, then roll the budget forward one more month. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved