Every budget holder’s essential companion:
This book is invaluable in helping you to manage your budget more effectively. Find out step-by-step all the essential skills and knowledge you need in this practical, jargon-free and easy to understand guide.
You will cover:
- How your budget was set
- How to understand financial information
- What your financial responsibilities are
- What the financial rules are
- Whether to accept your budget
- How to get the best from your accountant
- Practical ways of saving money from your budget
- How to make a bid for more money
All the essential skills and knowledge are covered, illustrated throughout by practical examples of direct relevance to everyday management situations.
Ward and department managers, locality and business managers,
heads of service, clinical directors, all other budget holders in hospital
and community services and finance departments.
Aim and introduction
- What are budgets?
- Whose budget is it?
- What is the purpose of budgets?
- How was my budget set?
- How is my pay budget calculated?
- How is my non-pay budget calculated?
- What do I do if my budget is out of date?
- Should I agree to my budget?
- What do accountants do?
- What are my responsibilities?
- What do my reports mean?
- How can financial information be presented?
- How do I manage my budget?
- How do I monitor my budget?
- How do I foresee future problems?
- Why do budgets overspend and underspend?
- What can I control in my budget?
- How do I get more budget to fund my plans?
- What are the financial rules: If I overspend? If I underspend? If I make a permanent saving? If I want to spend the money on something else?
- How do I save money from my budget?
- Case study in interpreting and controlling budgets