Financial management and accountancy
Models (96)
Questioning a sales forecastThe sales forecast is perhaps the most important set of numbers to come out of the budgetary process. The sales figure is the driver for all direct expenses and some indirect ones. It's used to predict the cash flow forecas... Read more
10 Dec 2012
Scenario planning templatePredicting the future is never easy, and that's particularly the case when developing business plans. Budgets can become outdated or even an impediment to financial decision-making. How can you rise above this problem?Key var... Read more
10 Dec 2012
Imputed cost calculatorAs the company's accountant, how do you make sure that decisions made by the board have taken all costs into account, even where these may not be obvious to them?Hidden costsCosts may not be incurred directly but are still borne... Read more
10 Dec 2012
Target costing templateIn tough times, calculating your prices by adding a profit margin to cost can result in your products becoming uncompetitive. However, you might be able to beat your competition by using target costing to help set prices. What ... Read more
10 Dec 2012
Funds flow reconciliationA rolling monthly cash flow forecast should be based on a profit and loss forecast. However, certain movements in the profit and loss forecast are non-cash items for the month concerned, for example, changes in provisions, de... Read more
10 Dec 2012
Strategic goal settingStrategic business planning involves more than simply preparing a budget or one-year plan. You will need a set of business goals, say, covering the next three years to form part of the budgeting process. Your managing director (... Read more
10 Dec 2012
