Budget
For a company, the budget is a forecast management tool, since it enables you to establish a forecast of a company’s objectives in terms of expenses and revenues.
Related definitions
Treasury plan
A treasury plan lists all the collections and disbursements of a company over a defined period, with a monthly breakdown…
Forecast checking
Forecast checking involves verifying whether forecasts have been achieved, and reconciling them with the…
Budget monitoring
Budget monitoring is complementary to budget management. It consists in regularly comparing expenses and revenues…