Budgeting

Assignment Exercise 15–1: Budgeting

Select an organization: either from the Case Studies in Chapters 27–28 or from one of the Mini-Case Studies in Chapters 29–31.

Required

• Using the organization selected, create a budget for the next fiscal year. Set out the details of all assumptions you needed in order to build this budget.
• Use the “Checklist for Building a Budget” (Exhibit 15–2) and critique your own budget.

Assignment Exercise 15–2: Budgeting

Find an existing budget from a published source. Detail should be extensive enough to present a challenge.

Required

• Using the existing budget, create a new budget for the next fiscal year. Set out the details of all the assumptions you needed in order to build this budget.
• Use the “Checklist for Building a Budget” (Exhibit 15–2) and critique your own effort.
• Use the “Checklist for Reviewing a Budget” (Exhibit 15–3) and critique the existing budget.

Assignment Exerc