Investment-based Budgeting: Why CFOs Should Mandate a New Corporate Budgeting Process

Sponsored By N. Dean Meyer and Associates Inc.

Topics:

Budgeting & Planning > Budgeting

Professional Services > Consulting

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Abstract:

While most budget processes succeed at setting spending limits, they do little to assure the proper allocation of resources.

This white paper examines the shortcomings of traditional budget approaches, explains the benefits of revamping the budget process, and suggest a powerful approach -- termed "investment-based budgeting" -- in which departments plan the costs of their products and services.

DETAILS

Sponsored by: N. Dean Meyer and Associates Inc.

Posted: August 11, 2008

Length: 8 pages

Format: PDF (28 kb)

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