Page 139 - Budgeting for Managers
P. 139

Budgeting for Managers
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                                 ❏ Do you use account codes? If not, would they help?
                                 ❏ Do you have three sets of budgetary assumptions?
                                    •a detailed set for yourself, to make budgeting easier next
                                      year
                                    •a short one for accounting, focusing on financial issues
                                    •a one-page business summary of your budget
                                 ❏ Prepare an agenda for your next meeting and use it to run
                                    the meeting. See if it helps make the meeting less frustrat-
                                    ing and more useful.
                                 ❏ Why are scope and level of detail important in preparing a
                                    presentation?
                                 ❏ Prepare yourself fully for a presentation using the seven
                                    steps to creating a good presentation. Then, don’t forget to
                                    practice!
                                 ❏ Remember to create the content first—focusing on the pur-
                                    pose of the meeting. Making a presentation look good
                                    comes later.
                                 ❏ When could you use a presentation slideshow?
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