Financial management and budget making process offers a solid introduction to the essentials of financial management with a particular focus on the budget making process as a key managerial tool. The book delves into critical topics such as the company’s financial management, general accounts, and various budgeting models - all complemented by practical assignments that invite readers to apply the concepts in real-life scenarios. The text further explores techniques like activity-based costing and the balanced scorecard, providing a comprehensive view of modern financial management practices. Aimed at BA students from universities and business colleges, the book bridges theoretical insight and practical application, ensuring that the methodology behind effective budgeting is both understandable and implementable. Spanning 239 pages, this paperback edition by Hans Reitzel, published in 2013, presents a clear and methodical approach to mastering financial oversight and effective budget creation, making it a valuable resource for anyone seeking to deepen their understanding of financial management.
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