The Management of Funds, Planning and Budgeting
- 13 Downloads
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.
KeywordsCapital Market Capital Expenditure Cash Balance Current Asset Standard Cost
Unable to display preview. Download preview PDF.
- 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 Cost & Works Accountants, The Profitable Use of Capital in Industry.Google Scholar