Budgeting: A practical approach

Budgeting: A practical approach

A Holistic View from the Application of Budgeting in the Company

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Understanding budgets as a system is the best way to induce the reader to the abstraction of knowledge through budgets that are holistically articulated as a whole. Thus, the student is able to understand that, through correctly identified and applied formulas, it is possible to reach not only the development of an entire budget system but also an optimal sensitivity analysis that can strengthen financial decision-making strategies.This guide text is weak in theory but strong in budget applicability. Precisely this is the philosophy of the authors, who with their pedagogical skills and extensi...