by Mick Devine | Last updated Jan 28, 2025 | Budgeting, Cash Flow Forecasting
You do have a business plan, don’t you? When you prepare your 2025 business plan, do you consider multiple possible futures for your organisation? Evaluating best-case, worst-case and most-likely scenarios can be valuable in deciding what to do. Make the...
by Mick Devine | Last updated Jul 3, 2022 | Budgeting, Cash Flow Forecasting, Educational, Reporting
The difference between a budget and a cash flow forecast can sometimes be confusing for newcomers to the world of accounting. They can seem to show similar information, yet both are very different and have different uses. Both are essential for the accurate financial...
by Mick Devine | Last updated Jun 22, 2022 | Budgeting, Educational
Careful budget planning for Not-for-Profits is critical as it provides a guide to how you intend to use your organisation’s resources. Your budgets also provide you with a mechanism to monitor performance by identifying variations and then deciding what action needs...
