Handbook of Budgeting, 5th Edition

William Rea Lalli (Editor)
Hardcover
840 pages
June 2003

From the Publisher:
A budget is the formal expression of the plans and objectives of management that covers all phases of operations for a specific period of time. Without clearly outlined budgets, corporations are unable to predict profits or losses or create plans for the future. The Fifth Edition of the Handbook of Budgeting has been fully revised and updated to help you keep up with this ever-changing world. This handbook shows controllers and budget directors how to create any style of budget, from traditional approaches to more cutting-edge approaches. Divided into five informative parts: An Introduction to Budgeting, Tools and Techniques, Preparation of Specific Budgets, Budgeting Applications, and Industry Budgets, this book provides complete coverage of the preparation, presentation, analysis, and effective use of the budgeting function. The Fifth Edition of the Handbook of Budgeting covers all facets of budget presentation for both profit and nonprofit organizations, and includes chapters on specific industries such as healthcare, biotechnology, and higher education. Numerous checklists and examples will ensure your understanding of this critical topic and help you enhance your budgeting skills.

Contents include:

• Integrating the Balanced Scorecard for Improved Planning and Performance Management (Antosh G. Nirmul)
• Budgeting and the Strategic Planning Process (Albert A. Fried)
• The Budget: An Integral Element of Inte rnal Control (Jay H. Loevy)
• The Relationship between Strategic Planning and the Budgeting Process (Jeffrey L. Bass)
• The Essentials of Business Valuation (Frank C. Evans)
• Implementing Forecasting Best Practices (Terrence B. Hobdy)
• Calculations and Modeling in Budgeting Software (Paul Barber)
• Cost-Accounting Systems: Integration with Manufacturing Budgeting (Paul D. Warner)
• Break-Even and Contribution Analysis as a Tool in Budgeting (Jay H. Loevy)
• Profitability and the Cost of Capital (Mike Kaufman)
• Budgeting Shareholder Value (Serge L. Wind)
• Applying the Budget System (R. Layne Weggeland and Malcolm M. Knapp)
• Budgets and Performance Compensation (Graef S. Crystal)
• Predictive Costing, Predictive Accounting (Gary Cokins)
• Cost Behavior and the Relationship to the Budgeting Process (Eugene H. Kramer)
• Sales and Marketing Budget (R. Malcolm Schwartz)
• Manufacturing Budget (C. Eugene Moore)
• Research and Development Budget (Maurice I. Zeldman)
• Administrative-Expense Budget (R. Malcolm Schwartz and Maria Theresa Mateo)
• Budgeting the Purchasing Department and the Purchasing Process (Carl Benner, John N. Trush, and Thomas F. Norris)
• Capital Investment Review: Toward a New Process (Bryan Crawford)
• Leasing (Robert Dale Apgood)
• Balance-Sheet Budget (James E. Kristy)
• Budgeting for International Operations (George Cassidy and Gert Schumann)
• Understanding Foreign Exchange Transactions (Françoise Soares-Kemp)
• Budgeting Property and Liability Insurance Requirements (Ronald K. Tucker and Vicki L. Tucker)
• Budgeting: Key to Corporate Performance Management (Michael Coveney)
• Zero-Based Budgeting (Peter A. Pyhrr)
• Bracket Budgeting (Michael W. Curran)
• Program Budgeting: Planning, Programming, Budgeting (William B. Iwaskow)
• Activity-Based Budgeting (James A. Brimson and John J. Antos)
• Budgeting in Nonprofit Organizations (Richard S. Wasch)
• Budgeting in Higher Education (Frederick J. Turk)
• Budgeting in the Health-Care Industry (Christopher S. Spence)
• Budgeting in the Biotech Industry (R. Malcolm Schwartz, Glenn A. White, and Robert F. McElroy)

Steven M. Bragg, author, "Controllership: The Work of the Managerial Accountant":
"This is quite simply the finest budgeting book on the market."