TAILIEUCHUNG - Lecture Budgeting - Chapter 3: Operating budgets

An operating budget is a combination of known expenses, expected future costs, and forecasted income over the course of a year. Operating budgets are completed in advance of the accounting period, which is why they require estimated expenses and revenues. This lecture introduces you to operating budgets. This chapter presents the following content: Purchases budget, cost of goods sold budget, cost of goods sold budget, specialised service industry budgets , budgeted statement of financial performance. | Chapter 3 Operating budgets Operating budgets Purchases budget Cost of goods sold budget Operating expense budgets 1. Marketing expense budget 2. Administration expense budget 3. Financial expense budget Specialised service industry budgets 1. Professional and support labour budget 2. Materials usage budget Budgeted statement of financial performance Purchases budget in dollars for 3 months ending 30 June April $ May $ June $ Quarter $ Cost of sales add ending stock Total requirements less beginning stock purchases Purchases budget in units for quarter ending 31 March Jan Feb March Quarter Sales [units] Ending stock [units] Total req. [units] less beginning stock [units] Purchases [units] Cost per unit $ Cost of purchases $ Cost of goods sold budget for 3 months ending 30 June April $ May $ June $ Quarter $ Beginning stock Purchases Goods available for sale Ending stock Cost of sales Marketing expense budget for 3 months ending 30 June April $ May $

• Kế toán - Kiểm toán
• Lecture Budgeting
• Budgeting fundamentals
• Revenue budgets
• Business strategy
• Operating budgets
• Purchases budget
• Planning cycle
• Budget processes
• Master budget
• Purpose of budgets
• Behavioral aspects of budgeting
• Cash budgets
• Cash receipts budget
• Budgeted financial statements
• Cash flow statement
• Product costs
• Flexible budgets
• Static budget
• Performance reports
• Responsibility accounting
• Managerial accounting
• Lecture Managerial accounting
• Process costing
• Standard costing systems
• Capital budgeting
• Capital budgeting decisions
• Global finance
• Global financial management
• Lecture Global financial management
• Global valuation
• Capital budgeting formulas
• Managerial finance
• Lecture Managerial finance
• Financial statements
• Basics of capital budgeting
• Evaluating cash flows
• Accounting for Governmental
• Nonprofit entities
• Performance measurement
• Budgeting approaches
• Performance budgeting
• Budgeting governmental
• Multinational financial management
• Financial management
• Lecture Multinational financial management
• Multinational capital budgeting
• Capital budgeting analysis
• International project
• Financial statement
• Profitability analysis
• Cash flows
• Budgetary planning
• Benefits of budgeting
• Budgeting process
• Capital budgeting evaluation process
• Cash payback
• Net present value method
• International financial management
• Quản lý tài chính quốc tế
• Lecture International financial management
• Initial investment
• Managerial decisions
• Managerial decision scenarios
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting for business
• Lecture Accounting for business
• System of management
• Formal budgeting process
• Behavioural aspects of budgeting
• Financial budgets
• Managerial accounting for managers
• Time value of money