Contents Of Financial Budget

1. financial budget

(1) content: three major accounting statements

(2) practice: Based on business

(3) steps: first profit and loss, then asset liability, after cash flow.

(4) method: finance only assumes, does not do.

1) forecast sales volume, sell varieties and quantities;

2) introduce related production costs according to the variety and quantity of sales.

3) selling expenses according to the proportion of sales and previous years;

4) calculate the amount of administrative expenses according to historical conditions.

5) compiling a profit forecast table based on the above data;

6) based on the profit statement and historical data, the corresponding balance sheet items (e.g. stock turnover, receivables turnover, current ratio, quick ratio) are calculated.

7) revise the above statements according to the management intention of the company or boss this year.

2. data collection.

Before preparing the financial budget, collect and compile budgetary information.

We should fully collect the internal and external historical data of the enterprise, grasp the relevant information about the current business and financial situation, and the future development trend, and use the method of time series analysis and ratio analysis to analyze and analyze the extent and operation efficiency of various assets operation, judge the economic and economic indicators and the trend of the increase and decrease of data and their dependence on each other, and calculate the possible budgetary value.

3. summarize the business budget.

The various business budgets compiled by various departments, such as sales budgets, production budgets, cost budgets, materials, purchases of low value and consumable items, direct labor budgets, etc., are important basis for making financial budgets.

Before compiling the financial budget, the data and economic indicators of the various business budgets should be collated, analyzed, and identified as the relevant budgets of the various financial statements.

4. the preparation of financial budgets.