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Budgeting: A Practical Approach, 2nd Edition

by: National Institute Of Accountants

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Retail Price: $77.95

Publisher: Pearson Education,15.09.10

Category: ACCOUNTING Level: B/I/A

ISBN: 1442517034
ISBN13: 9781442517035

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Institution: OTEN (Open Training and Education Network) - 2014 Full Year Course
Course Code: FNSACC402A
Subject: Prepare Operational Budgets

Course Code: FNSACC503A
Subject: Manage Budgets and Forecasts

Institution: Hills College, Western Sydney Institute - 2014 2nd Semester
Course Code: 11349
Subject: Diploma of Accounting

Course Code: 11362
Subject: Diploma of Accounting




Budgeting: A Practical Approach, 2e provides students with a practical, competency based approach to the principles and preparation of budgets.

The National Institute of Accountants (NIA)
The NIA is one of three peak bodies for accounting professionals in Australia. With more than 12 500 members in Australia and overseas, NIA members work in industry, commerce, government, academia and public practice.

Features and Benefits:

* Learning outcomes give students a quick overview of key topics to be covered in the chapter
* Self-test questions (including answers) to help students revise the concepts and test their understanding as they progress through each chapter
* Worked examples and tasks that demonstrate the concepts in action
* Graded written exercises at the end of each chapter which allow students to apply and review what they have learnt in each chapter. Graded from one-star to three-star so students can build from simpler to more difficult questions
* Case studies which provide additional assessment using real-world examples
* Summaries provide a concise summary of the key topics learnt in each chapter
* Summary examples tie all the key topics from each chapter together in one worked example.

Table of Contents:

CHAPTER 1 Budgeting Fundamentals
CHAPTER 2 Forecasting and Sales Budgets
CHAPTER 3 Operating Budgets (Service and Trading Organisations)
CHAPTER 4 Cash budgets
CHAPTER 5 Budgeted Financial Statements
CHAPTER 6 Budgets for the Manufacturing Industry
CHAPTER 7 Cost of Production Budgets, cash budgets and Cost of Goods Sold Budgets
CHAPTER 8 Master Budgets
CHAPTER 9 Performance Reports
CHAPTER 10 Flexible Budgets
CHAPTER 11 Analysis of Variance

About the Authors:

Russell Clowes
BCom (Monash), GDipAppFin (SIA), CPA, MAICD
Russell is a director of KnowledgEquity, an education, training and development firm specialising in accounting and finance. In addition to developing and updating educational and training materials, Russell provides strategic and business management services to organisations in a number of industries.

Vic Scriven
(CPA., B.A., Dip.T., Grad. Cert. (Ed)., Cert. IV in Workplace Training)
Vic has worked as an auditor, TAFE lecturer and management consultant. Recently he has developed teaching resources for the NIA and HIA, and lectured in accounting for the HIA, UniSA and the SA Institute of Business and Technology. Vic completed the first edition of this book in 2005.