A cash flow budget is a projection of all cash receipts and all cash expenditures that are expected to appear during a certain time period. Estimates can be done monthly, bimonthly, or quarterly, and can include non-farm revenue and expenditures and farm items.
Capital budgeting helps companies decide where to allocate their funds for projects that will benefit them in the long run.
Cash flow management is the process of monitoring, analyzing, and optimizing the inflow and outflow of cash in a business or personal finance context. It involves managing the cash resources of an entity in a way that ensures the entity can meet its financial obligations in a timely manner, while also maximizing the use of available cash to generate revenue and grow the business.
Zero-Based Budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period, regardless of whether each budget is higher or lower than the previous period.
Strategic Financial Management (SFM) refers to the process of aligning financial decision-making with the long-term strategic goals of an organisation. It’s not merely about managing numbers, it’s about using financial insight to drive sustainable growth, enhance value, and maintain competitive advantage.
Depreciation is an accounting practice that recognizes the gradual wearing down or obsolescence of assets. Instead of considering their purchase price as a one-time expense, it spreads that cost over their estimated useful life. This allows businesses to accurately represent their financial health and profitability, reflecting the declining value of their assets and preventing misrepresentation of their real worth.
Capital structure refers to the combination of different sources of funding that a company utilizes to finance its operations and investments. It represents the proportionate mix of debt and equity that a company employs to meet its financial needs. Understanding Capital Structure Imagine a business in its nascent stages, a budding seed yearning for sunlight … Read more
In this article, we’ll explore the managerial accounting vs. financial accounting. Both play crucial roles in the business world, but they serve different purposes. So, let
Managerial accounting is the process of analyzing financial data and generating relevant information to support internal decision-making within an organization.
A Management Information System (MIS) refers to a computer-based system that collects, processes, stores, and distribute information to support decision-making, coordination, control, analysis, and visualization within an organization. It is a crucial component of modern businesses and is designed to provide managers and other stakeholders with timely and relevant information for effective planning and decision-making.
