Budget Essay Examples and Topics

139 samples

Public Sector vs. Private Sector Budgeting

In the light of the above, budgetary processes of the private sector still emerge to be better than the public sector especially based on the principles governing both budgetary processes.
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Different Types of Budgets

Estimates of sales are budgeted on the basis of variety of factors like earlier period sales, production capacities, existing and expected sales environments, economic factors like trade policies of the Governments, seasonal fluctuations, entity's capacity [...]
  • Pages: 4
  • Words: 1054

Master Budget and Flexible Budget

A master budget is a standard tool for outlining crucial financial information that overviews the entirety of a company's actions. For example, the first category includes a sales budget that outlines the possible revenue from [...]
  • Pages: 2
  • Words: 653

Management Accounting and Budgeting Issues

The assumption behind such a view can be seen from the fact that the budget is the easiest and effective way of representing the organization's overall business plan and in addition, the budget can be [...]
  • Pages: 7
  • Words: 2254

Budgeting in a Philosophical Way

Budget is basically the allocation of funds in accordance with the needs, purposes, and objectives of the person planning for his/ her budget.
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  • Words: 1575

Flexible and Static Budgets: Comparing and Contrasting

On the other hand, a flexible budget is the performance tool for the organization; it is usually prepared at the beginning of the financial year and can provide cost estimates for various organizational activities.
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  • Words: 351

Budgeting Concept Study: Emirates Airline

Strategic management involves using past and present data/statistics within and without a company to predict, plan, and manage futuristic business endeavours; a budget is a management tool that uses business statistics to make future predictions.
  • Pages: 8
  • Words: 1514

Definition of a Budget, Its Importance and Uses

In a case where the revenues are more than the expenditures, the budget is a surplus budget. It is because of this that it is viewed as a barrier to the achievement of certain strategic [...]
  • Pages: 5
  • Words: 1445

Budgeting Process Conceptual Study

The essay also discusses ways in which the traditional budgeting process may be seen as a barrier to the achievement of the aims of each of the following models for the implementation of strategic change [...]
  • Pages: 8
  • Words: 2206

Overview of the Budget

The budget is a crucial component of a proposal, as it portrays a financial image of the project. However, it is crucial to ensure that the costs considered as indirect and are non-core should be [...]
  • Pages: 2
  • Words: 617

Public Budgeting Amidst Uncertainty and Instability

The article's key point is that the underestimation of the complexity and measures of uncertainty of the subject-object area of public administration are the main determinants of errors in public administration.
  • Pages: 1
  • Words: 355

Zero-Based Budgeting vs. Traditional Budgeting

Lack of agreement on the correct focus move toward to and rank of budgeting hypothesis as well as difference on a basic meaning of the idea have militated the theoretical dialogue and iterative discuss essential [...]
  • Pages: 8
  • Words: 2869

The Budget Tyre Market

There is an extremely huge number of consumers in the market, and consumers opt for companies with lower prices and discounts when the products are homogenous.
  • Pages: 2
  • Words: 542

Alpine Wear’s Cash Budget

When the volume of sales declines, it is important to add the variable target balance to the cash flow in the budget.
  • Pages: 5
  • Words: 1387

Budget Justification in Healthcare

The budget for the hospital setup included $219,310 for medical equipment and $2570 for every staff load by the end of the first quarter.
  • Pages: 3
  • Words: 830

Aspects of Balancing a Budget

The federal government should be at the forefront of providing more programs and services to the people even though the programs cost a lot of money, which comes from taxpayers.
  • Pages: 2
  • Words: 728

Budget: Discretionary Spending

In the case that a debt limit cannot be modified, it is more beneficial to provide the same amount of budget for programs that are non-defense in order to allow operations to continue as normal.
  • Pages: 1
  • Words: 290

Operating Budget and STCW Convention

Some of the information about the ship that need to be considered before making the purchase decision include: Shipping charges can vary greatly depending on the origin and destination of a vessel.
  • Pages: 9
  • Words: 2584

Budget and Narrative Funding Discussion

The director's responsibilities will include managing the main areas of the program, in conjunction with the proper supervision and management of the rest of the staff.
  • Pages: 3
  • Words: 906

Budgeting Using Time Series Analysis

The introduction of time series analysis is an attempt to balance out the risk with some form of certainty despite the on-and-off nature of the business.
  • Pages: 4
  • Words: 1196

Budgetary Planning in Public Sector

There is pressure on governments to improve the efficiency of the public sector while at the same time preventing the expansion of spending.
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  • Words: 917

The General Budgeting Process in Various Aspects

It was formed on the notion that the goals and output of the government should form the basis of budgetary decisions and not the inputs from the produced government goods and services.
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  • Words: 2637

Budget Credibility and Execution

The following are guidelines of Public Expenditure and Financial Accountability on the credibility of budgets: Budget deficits are allowed to a certain extent, as long as the country has an overall surplus.
  • Pages: 2
  • Words: 634

The Alberta Budget 2022 Objectives

Financial budgeting is an essential part of organizational development, and the objective of the Alberta Budget 2022 plan is to support the health-care system of the province.
  • Pages: 4
  • Words: 1233

Buying an iPad Pro: Financial Capabilities

The primary research interest of this paper is the use of current financial capabilities to determine the practicality of purchasing an iPad Pro as the first visible goal.
  • Pages: 3
  • Words: 900

Budget Cut Issue: Problem Solution

Firstly, the preservation of the previous working atmosphere with a decrease in the volume of work and wages could be a sign of stagnation in the team.
  • Pages: 1
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Federal vs. Missouri State Budget Analysis in 2021

In the state of Missouri, senators and government officers are mostly chosen to administer the complex finances of the state. The spending scheme is well designed to reduce leakage and waste so that by the [...]
  • Pages: 2
  • Words: 564

Deficit Spending: General Information

In deficit spending, the consumption rate is higher than the profit that the government acquires. However, if the government strategizes and plans for deficit spending, it will be a long-term advantage to economic growth.
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Management Report on Budgetary Preparation

In the current scenario, this is the 2020 2021 budget representation, although the pandemic has affected the economy, net profit before tax has been increased by almost 13%.
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  • Words: 1109

Evaluating Budget Documents

The drastic growth of the county population can be attributed to the closeness of the county to downtown Atlanta Georgia. It summarizes the revenues and the expenditure of the Clayton County for the current year [...]
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Financial Planning: Single Mother of Two Children

On the other hand, the financial resources that she will obtain can be used as the foundation for developing the lean approach and promoting the concept of sustainable use of financial resources.
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  • Words: 1816

Competition Bikes Budget Analysis

The targeted sales of year 9, it represents the revenue stream of the business and are very critical for the success and profit for the company.
  • Pages: 7
  • Words: 1915

Cash Budgeting for Genesis Firm

From the cash budget of the company in the case study here, Genesis, a number of financing options for the expansion objective of this company can be identified.
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  • Words: 1099

Using Cost Allocations in a Budgeting Decision

The costs can then be accurately used in the preparation of production cost budgets. The company will be more competitive in the market as it can allocate the costs and decide to reduce the prices [...]
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  • Words: 565

University of Oregon Budget Analysis

94% of the total income for the university over the same period of time. 55 % of the total income for the university over the same period of time.
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Public Sector Budget Coordination Challenges

A comprehensive understanding of the budget coordination is imperative, not just to develop expense projections but to ensure that policymakers get the best advice on the feasibility of a given budget suggestion from outlooks of [...]
  • Pages: 7
  • Words: 1849

Capital Budgeting Models Evaluation

Sartoris and Paul used capital budgeting techniques to evaluate the impact of a lease on the value of a firm. The authors established that the decision model they used to evaluate the lease were consistent [...]
  • Pages: 6
  • Words: 1377

Multi-Year Budgeting: International Practices

Title of the article for analysis: Multi-Year Budgeting: A Review of International Practices and Lessons for Developing and Transitional Economies Authors: Jameson Boex, Jorge Martinez-Vazquez, and Robert McNab Journal: Public Budgeting & Finance Volume: [...]
  • Pages: 20
  • Words: 2777

Budgeting Performance: HP Company

Budgets are made to predict the amount of usage and income that a company is likely to get after putting some resources in projects within a certain period of a year; the futuristic approach leads [...]
  • Pages: 9
  • Words: 1545

Functional Budget of Stanford University

Nonetheless, there is need for the federal government to stick to the balanced budget because of the various shortcomings that the deficit federal budget has.
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  • Words: 806

Budgeting Analysis Questions

This is one of the limitations of the annual budgets, which push the modern business managers to adopt beyond budgeting approach of budgeting. This limits the ability of the managers to respond quickly to the [...]
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  • Words: 2285

Importance of Cash Budgets

Total cash available: this is the value of all the cash received within the month of December and hence available for offsetting any bills to be incurred during the month. The value of cash available [...]
  • Pages: 2
  • Words: 542

The Politics of South County Budgeting: Problems

For instance, the County's step of restraining the kind of developmental industries, worthy of erecting within it turns to be the main barrier towards the County's capability to attract more businesses.
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  • Words: 952

UK Budget Deficit: Alternative Policies

The root causes of the budget deficit problem can to a large extent be attributed to the feeble economy of the time; and the impacts of the increased government channeling of funds into the funding [...]
  • Pages: 4
  • Words: 1155

US Federal Budget and Economic Scarcity

Unfortunately, the U.S.federal budget is no exception to this, and the reason for it may be seen, inter alia, in the fact that for years the U.S.government has been driven by a desire to reduce [...]
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Capital Budget: Term Definition

It is concerned with a process of evaluating and choosing project for long-term which are better consistent with the goal to maximize the wealth of the owner.
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  • Words: 879

European Union: Public Finance in Integrated Economy

The decisions in regard to the quantum of resources to be provided in the budget and how such resources will be utilized, are primarily decided by a democratic process that is an integral part of [...]
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  • Words: 865

Budget in the American Government

For the purpose of this paper, we are going to examine the budget cycle and analysis of a public district school. In this step, the budget is made public for the citizen to view and [...]
  • Pages: 8
  • Words: 1991

Public and Private Budgets

While the purpose of budgeting in both public and private sectors is to plan expenditures and revenues, there are considerable differences in the approach to budgeting.
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  • Words: 222

Budget Methodology in Alabama

The state has a bifurcated budget system, which implies that it is divided into the General Fund and the Education Trust Fund.
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  • Words: 575

Sacramento County Financing a Capital Budget

Even though there seems to be enough money allocated for the project, the developer, the Judicial Branch of California, may want to consider additional funding sources to avoid a money shortage. In short, the Judicial [...]
  • Pages: 3
  • Words: 199

Performance-Based Budgeting

Performance-based budgeting is also inclusive in that it involves all the stakeholders in the development of strategic plans, identification of preferential areas, and in the assessment of the outcome.
  • Pages: 6
  • Words: 1807

Production Department: Budget Report

The quantification of the cost of the inventory is based on the current consumption, and the trends observed in the business, and the anticipations for the three months.
  • Pages: 3
  • Words: 865

Budgeting Process and Public Policies

First, the budget will be compared to the incoming revenue of a government body to ensure that there are existing sources of income and any deficits do not endanger the government's ability to operate or [...]
  • Pages: 2
  • Words: 661

US Voter Ignorance Threatens Deficit Reduction

This article reports that some Americans are of the view that the government is not spending appropriately, otherwise, it would be able to support all programs and, at the same, reduce the deficit.
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  • Words: 595

Former Senator Pushed for Balancing the Budget

Although both Democrats and Republicans want to avert the fiscal cliff because of the expected consequences, an agreement is yet to be achieved. The economic growth rate lacks the capacity to reduce the rate of [...]
  • Pages: 3
  • Words: 883

Dalles City’s Budget Issues and Priorities

This budget can be used to evaluate performance when the budgeted level of activity is the same as the actual results Budgeting is a process of planning and controlling the use of assets in running [...]
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  • Words: 549

Budgeting Operations and Approaches

When it becomes apparent that changes should be carried out in the budgetary allocation, the departmental staff and the principal investigator review the terms and conditions of the cost principals to determine whether the change [...]
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  • Words: 936

Government Budgets in Dubai and Thailand

The document is normally approved by the legislative body of a country and the head of government. A national budget is a representation of the amount of revenue the government intends to collect and the [...]
  • Pages: 5
  • Words: 1404

Government Budgets in the UAE and Singapore

In most general terms, the government budget is a financial status of the government, covering its proposed income and spending for a particular financial period; it includes all the money, of which the country can [...]
  • Pages: 4
  • Words: 1116

Deficit Spending Methods Usage

To avoid adverse effects of emission, the supporters of the Keynesian perspective suggest the implementation of deficit spending as an effective method for the distribution of tax burdens in time and the consequent facilitation of [...]
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  • Words: 831

The Necessity of a Budget Narrative

To give the funder an opportunity to evaluate the project's financial costs and understand whether the implementation of the project is real, the budget narrative is necessary.
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The US Budget Making Process

After creating the budget, the Congress must then pass a law that is signed by the president authorizing the government to spend the money through the authorization bill. The presence of long-term and short-term deficits [...]
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Balancing the Budget: Planning and Prioritization

A balanced budget is the one that addresses all the crucial issues especially the ones concerning the public. Again, national defense funds have to be provided to enhance the country's security, which is a mandatory [...]
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  • Words: 659

Federal Budget Deficits: Cost and Benefits

Huntley notes that the most important consideration when discussing the benefits accrued from this type of deficits is that the economy is not slowed down by any margin contrary to the perception of some economic [...]
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  • Words: 2288

Local Government Budgets: the City of Philadelphia

This analytical treatise will present a budget line for funding the renovation of the Franklin Delano Roosevelt Park, which is of interest to the local environmental groups and the area residents of the city of [...]
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  • Words: 830

Capital Budgeting Techniques

The advancement of the economic growth by means of the full mobilisation of the resources of the private sector to assist the economic development is its final goal.
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How to Manage Budget Hotels – Cases in London

The quality of service offered and the satisfaction of the customer are factors that have been considered to be leading to the retaining of customers and the general success of the hotel industry.
  • Pages: 18
  • Words: 4993

Budget Forecasting and Its Importance in Planning

Sales = Variable Expenses + Fixed Costs Management team costs = $5,000,000 Interest expense = 3,000,000 Amortization Costs = $200,000,000/10yrs = $20,000,000 Total fixed costs per year = $28,000,000 Variable Costs per Unit Direct material [...]
  • Pages: 3
  • Words: 870

Capital Budgeting Projects

Some characteristics of capital budgeting projects may cause the net present value and the rate of return method to the ranking of the projects to be extremely differently.
  • Pages: 2
  • Words: 535

Economics of New York

The third part highlights the evolution of the city's economy in the immediate past. In the 1980s, the city's rise in the average real earnings was due to the growth of jobs in the Finance, [...]
  • Pages: 11
  • Words: 3389

Financial Budgeting in the Public Sector

However, the government sector follows a different set of financial reporting accounting principles: the international public sector accounting standards, which, adapt international financial reporting standards to suit financial accounting for public sector.
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  • Words: 869

Local Government Agencies Budget in the United States

Public policy decisions, such as the revenue restriction amendment bill, are meant to uphold transparency in the use of public funds. In such cases, the control of funds is removed from the local government and [...]
  • Pages: 3
  • Words: 836
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