Budgeting and Performance Management

Operating budgets

Build sales, production and purchases budgets that link to each other.

Worksheets · Calculations · Concept checks · Sequencing

Cash budgets

Turn budgeted sales and costs into a monthly cash budget with collection and payment patterns.

Worksheets · Calculations · Classification · Concept checks

The master budget

Assemble budgeted statements from the operating and cash budgets.

Worksheets · Calculations · Concept checks · Sequencing

Forecasting fundamentals

Produce a driver-based forecast and explain its key assumptions.

Worksheets · Calculations · Classification · Concept checks

Flexible budgets

Flex a budget to actual volume and separate volume from spending variances.

Worksheets · Calculations · Classification · Concept checks · Simulator

Budget versus actual analysis

Explain the main variances in a management report.

Worksheets · Calculations · Classification · Concept checks · Simulator

Responsibility accounting and cost centres

Assign costs and revenues to the managers who control them.

Worksheets · Calculations · Classification · Concept checks

Working capital management

Compute the cash conversion cycle and evaluate actions that shorten it.

Worksheets · Calculations · Classification · Concept checks · Simulator

KPIs and management reporting

Choose KPIs that fit a business model and build a concise monthly report.

Worksheets · Calculations · Classification · Concept checks · Sequencing · Simulator