FINANCE 18-19 by Tracy Houghton https://padlet.com/thoughton/FINANCEWORKSOP FINANCE en-us 2018-09-11 12:26:51 UTC 2024-12-02 06:43:38 UTC hello@padlet.com misiololek09 https://padlet.com/thoughton/FINANCEWORKSOP/wish/343678917 2019-03-21 09:34:46 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343678917 Operating budget covers: https://padlet.com/thoughton/FINANCEWORKSOP/wish/343679229 Revenue
Variable/Fixed costs
Non cash expenses
Non operating expenses
Capital costs in an operating budget
Alec, Luke, Tom

]]> 2019-03-21 09:36:04 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343679229 https://padlet.com/thoughton/FINANCEWORKSOP/wish/343679271 2019-03-21 09:36:15 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343679271 https://padlet.com/thoughton/FINANCEWORKSOP/wish/343679987 2019-03-21 09:38:46 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343679987 Advantage - If budgets are managed efficiently then the variance of the budgets and actual are likely to be favorable. Disadvantage - If the company overspends their budgets, they are more in risk of the variance being in adverse. https://padlet.com/thoughton/FINANCEWORKSOP/wish/343716833 2019-03-21 11:48:04 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343716833 advantage: you can see where all your money is going https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717240 Disadvantage: time required to budget 
Heather and Sam ]]> 2019-03-21 11:49:32 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717240 oliwia_sosna https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717329 2019-03-21 11:49:51 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717329 You can prepare for the unexpected https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717420 Time demand can be deterring]]> 2019-03-21 11:50:10 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717420 https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717652 2019-03-21 11:50:52 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717652 https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717728 increases the probability that the company goals and objectives will be achieved                                                    staff may be demotivated, if the targets set are too difficult or too easy to achieve, if they are made responsible for something outside their competence or does not identify themselves with the targets
           ]]> 2019-03-21 11:51:04 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343717728 Advantage https://padlet.com/thoughton/FINANCEWORKSOP/wish/343718092 - Find out long/short term issues
-Plan budget for the whole year. 
- find out the best time to invest money in more expensive expenditure
Disadvantage
- Take a time 

]]> 2019-03-21 11:52:09 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343718092 https://padlet.com/thoughton/FINANCEWORKSOP/wish/343718602 2019-03-21 11:53:42 UTC https://padlet.com/thoughton/FINANCEWORKSOP/wish/343718602