Skip to main content

The Management of Funds, Planning and Budgeting

  • Chapter
Business Finance and the Capital Market

Abstract

An explanation of the meaning of funds and the internal flow of funds in business leads on to a discussion of the relationship of profitability, sound finance and the flow of funds. The need to plan ahead calls for some system of budgetary control, and the operation of such a system is described in outline. The chapter concludes with an account of the forward-looking finance budget and the backward-looking sources and uses of funds statement, with examples of each.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Further Reading

  • R.J. Chambers, Financial Management (Sweet & Maxwell 1967) chs 6, 14.

    Google Scholar 

  • H. C. Edey, Business Budgets and Accounts (Hutchinson 1966).

    Google Scholar 

  • P. G. Hastings, The Management of Business Finance (Van Nostrand 1966) chs 4, 5.

    Google Scholar 

  • B. B. Howard and M. Upton, Introduction to Business Finance (McGraw-Hill 1953) chs 5, 8, 9, 10, 11.

    Google Scholar 

  • J. A. Scott, Budgetary Control and Standard Costs (Pitman 1962).

    Google Scholar 

  • A. W. Willsmore, Business Budgets and Budgetary Control (Pitman 1960). Ch. 5 in particular.

    Google Scholar 

  • Industrial & Commercial Finance Corporation, Some Problems of the Growing Firm.

    Google Scholar 

  • Institute of Costs & Work Accountants, The Profitable Use of Capital in Industry.

    Google Scholar 

  • K. Midgley and R. G. Burns, Case Studies in Business Finance and Financial Analysis (Case 1) (Macmillan 1971).

    Google Scholar 

  • Alfred P. Sloan Jnr, My Years with General Motors, Chap 8 (Pan Management Series 1963).

    Google Scholar 

  • E. M. Lerner, Managerial Finance (Harbrace Series 1971).

    Google Scholar 

  • J. M. Samuels and F. M. Wilkes, Management of Company Finance (Nelson 1971).

    Google Scholar 

Download references

Authors

Copyright information

© 1972 Kenneth Midgley and Ronald G. Burns

About this chapter

Cite this chapter

Midgley, K., Burns, R.G. (1972). The Management of Funds, Planning and Budgeting. In: Business Finance and the Capital Market. Palgrave, London. https://doi.org/10.1007/978-1-349-01829-1_7

Download citation

Publish with us

Policies and ethics