Total Business Budgeting

ROBERT RACHLIN, BBA, MBA, is President of Robert Rachlin Associates and is an internationally known author, lecturer, and consultant in the area of financial management. He has spent over 40 years in planning and budgeting positions with such companies as Texaco, Gulf + Western, General Foods, SCM, and other well--known organizations. During those years Mr. Rachlin developed policies and procedures, financial reviews, board of directors' reports, pricing strategies, mergers and acquisitions, budgeting, planning, and overall financial assignments. Such financial topics presented to executives around the world include strategic budgeting, return on investment, capital--expenditure evaluation, inventory--control techniques, sales evaluation, basic financial management, and strategic management and have earned Mr. Rachlin a worldwide reputation. He has also served as Adjunct Associate Professor of Management at New York University, New York Institute of Technology and, currently, at Hofstra University. Mr. Rachlin is the author and/or coauthor of Handbook of Budgeting, Fourth Edition; Successful Techniques for Higher Profits; Return on Investment: Strategies for Profit; Handbook of Strategic Planning; Managing Cash Flow and Capital During Inflation; and Return on Investment Manual: Tools and Applications for Managing Results.

Budgeting and the Management Process. Analyzing Outside Influences. Developing Performance Targets. Budgeting Shareholder Value. Budgeting Return on Investment. Developing Budget Segments. Organizing and Administering the Budgeting Process. Budgeted Costs. Using Breakeven Analysis to Make Budget Decisions. Budgeting Shared Resources or Common Costs. Pricing. Developing the Sales Budget. Preparing Production Budgets. Preparing the Distribution Cost Budget. Preparing the Administrative Budget. Preparing the Advertising and Promotion Budget. Preparing the Research and Development Budget. Preparing the Other Income and Expense Budget. Preparing the Estimated Statement of Earnings. Preparing the Cash Budget. Preparing the Accounts Receivable Budget. Preparing the Inventory Budget. Preparing the Other Current Assets Budget. Preparing the Capital Investments Budget. Techniques for Evaluating Capital Investments. Developing the Loan Budget. Developing the Accounts Payable Budget. Developing the Other Liabilities Budget. Developing the Equity Budget. Developing the Balance Sheet Budget. Preparing the Statement of Cash Flows. Leasing. Monitoring and Controlling Budget Variances. Behavioral Implications of Budgeting. Appendix. Index.