Financial Budget and Analysis

Author: Wu Jinghong Zhang Chun
Publisher:
Publish Date: 2005-09-01
Features: The management of modern enterprises should be strategic and systematic. Strategy reflects foresight and order, while the system requires integrated management. To adapt to this strategic and systematic management model, financial management should involve formulating financial strategy and policies, conducting financial planning, and applying financial analysis methods to achieve rational resource allocation, effective strategic implementation, optimized decision-making, and steady value growth. Based on the rational theory of modern enterprises, this book comprehensively and systematically elaborates on the basic theories and methods of financial budgeting and analysis. The financial budgeting section discusses key issues such as the determination of budget management objectives, operational mechanisms, management models, budget preparation, and budget control and analysis. The financial analysis section conducts a comprehensive evaluation of corporate solvency, operational efficiency, profitability, and development capabilities, reflecting the organic unity of management processes such as pre-event, in-process, and post-event management. Additionally, the book includes case studies, highlighting its applied features. This book can serve as a textbook for finance and finance-related majors in higher education institutions and as a reference for business managers and professionals working in finance and finance-related fields. The book is divided into two major parts with 15 chapters, with Chapters 1-8 covering financial budgeting and Chapters 9-15 covering financial analysis.