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The Management of Funds, Planning and Budgeting

In: Business Finance & the Capital Market

Author

Listed:
  • K. Midgley
  • R. G. Burns

Abstract

An explanation of the meaning of funds and the internal flow of funds in business leads on to a discussion of the relationship of profitability, sound finance and the flow of funds. The need to plan ahead calls for some system of budgetary control, and the operation of such a system is described in outline. The chapter concludes with an account of the forward-looking finance budget and the backward-looking sources and uses of funds statement, with examples of each.

Suggested Citation

  • K. Midgley & R. G. Burns, 1969. "The Management of Funds, Planning and Budgeting," Palgrave Macmillan Books, in: Business Finance & the Capital Market, chapter 7, pages 97-118, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-15309-1_7
    DOI: 10.1007/978-1-349-15309-1_7
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