Budgeting is the process of allocating a company's financial resources. Although practical necessity plays a vital role in this process, spending decisions come down to priorities and values, as well.
A company requires a particular budget that details categories of revenue and expenditures relevant to the particular business enterprise. Although most companies create budgets for a one-year period, ...
Members of the Joint Committee for Budget and Appropriations Reform are considering changing the federal budget process to a biennial cycle, pursuing a budget resolution every two years with annual ...
Restraining runaway federal spending will require difficult decisions by lawmakers. Lawmakers who are willing to take a tough stand need a budget process that helps, rather than hinders them, and that ...
Jack Welch once said, “Too often, we measure everything and understand nothing.” Our budgets are reflections of the past, not blueprints for the future. This speaks to a widespread issue in business: ...
Budget process evolution and maturity in healthcare organizations traditionally has lagged other industries, where leading-edge and data-driven forecasting approaches are currently evolving. Most ...
As the director of finance and compliance at OIP, Snezana gets to identify and solve problems by looking at the big picture. The budgeting time of year is no fun for anyone — both the people forced to ...
Each year, federal, state and local government entities face the challenge of balancing their budgets. With the one-time infusion of COVID-19 pandemic funds now depleted, many are forced to consider ...
It's common knowledge among budget experts that the budget process is "broken." Anyone who regularly reads this column knows about debt limits, government shutdowns, and out-of-control spending and ...