Werner Seebacher: Management Accounting. Part 2 – Profit Plan, Finance Plan, Budgeted Balance Sheet

Werner Seebacher

Management Accounting.

Part 2

Profit Plan | Finance Plan | Budgeted Balance Sheet

Author

Werner Seebacher

ISBN 978-3-7375-8628-3

First Edition 2016

www.management-accounting.net

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Foreword

“Management Accounting, Part 2 - Profit Plan | Finance Plan | Budgeted Balance Sheet” is based constantly on the textbook “Management Accounting”.

The textbook “Management Accounting.” deals with the “Big Picture” – the Accounting/Controlling Overall Context – as well as with the elements presenting this connection: Balance Sheet | Profit/Loss Account | Profit Plan | Finance Plan | Budgeted Balance Sheet.

“Management Accounting. Part 2 - Profit Plan | Finance Plan | Budgeted Balance Sheet” – basing on the “Big Picture” – deals with the contents of and the connections between profit plan, finance plan and budgeted balance sheet. Building on them, the effects of concrete business activities in and on profit plan, finance plan and budgeted balance sheet are presented and annotated. They are described in form of case studies.

“Management Accounting. Part 2 - Profit Plan | Finance Plan | Budgeted Balance Sheet” is directed towards students and practitioners – to students doing business courses in the framework of their basic education or their introductory semesters respectively, to students doing postgraduate programs as well as practitioners in management jobs.

“Management Accounting. Part 2 - Profit Plan | Finance Plan | Budgeted Balance Sheet” is supplemented by “Management Accounting. Part 1 - Balance Sheet | Profit/Loss Account”.

Overview of the Contents

1. Introduction

2. Survey of the Contents

3. Profit Plan | Finance Plan | Budgeted Balance Sheet

4. Profit Plan | Finance Plan | Budgeted Balance Sheet - Numerical Examples

5. Key Figures | Ratios

Table of Contents

1. Introduction

2. Survey of the Contents

2.1. Balance Sheet

2.2. Profit/Loss Account

2.3. Balance Sheet | Profit/Loss Account

2.4. Balance Sheet | Profit/Loss Account

Profit Plan | Finance Plan | Budgeted Balance Sheet

2.5. Profit Plan

2.6. Finance Plan

2.7. Profit Plan | Finance Plan

2.8. Budgeted Balance Sheet

2.9. Finance Plan | Budgeted Balance Sheet

2.10. Profit Plan | Finance Plan | Budgeted Balance Sheet – the Big Picture

3. Profit Plan | Finance Plan | Budgeted Balance Sheet

3.1. Profit Plan

3.1.1. Profit Plan and Profit/Loss Account

3.1.2. Profit Plan and Contribution Margin Costing

3.1.3. Profit Plan – Internal and External Accounting

3.2. Finance Plan

3.2.1. Result after Tax

3.2.2. Depreciation

3.2.3. Provisions

3.2.4. Provisions for Taxation

3.2.5. Reserves

3.2.6. Goods on Own Account (Capitalized)

3.2.7. Receivables from Trade

3.2.8. Liabilities from Trade

5.2.9. Inventory

3.2.10. Other Receivables

3.2.11. Other Liabilities

3.2.12. Deferred Charges

3.2.13. Deferred Income

3.2.14. Investments

3.2.15. Long-Term Liabilities | Loans | Credits

3.2.16. Capital Increase

3.2.17. Dividends | Distributions

3.2.18. Surplus of Cash | Demand for Cash

3.2.19. Summary of the Items | Mathematical Signs in the Finance Plan

3.3. Budgeted Balance Sheet

3.4. Connections

3.4.1. Profit Plan | Finance Plan – Connection

3.4.2. Finance Plan | Budgeted Balance Sheet – Connection

3.4.3. The Big Picture – The Overall Context

4. Profit Plan | Finance Plan | Budgeted Balance Sheet - Numerical Examples

4.1. Example 1: Foundation of an Enterprise

4.2. Example 2: Investment

4.3. Example 3: Financing

4.4. Example 4: Investment and Financing

4.5. Example 5: Purchase of Goods, Use of Goods, Turnover/Sales

4.6. Example 6: Deferred Charges

4.7. Example 7: Deferred Income

4.8. Example 8: Provisions

4.9. Example 9: Asset Disposal

4.10. Example 10: Goods on Own Account

5. Ratios

5.1. Ratios Balance Sheet | Budgeted Balance Sheet

5.2. Ratios Profit | Profit Plan

5.2.1. Minimum Turnover

5.2.2. Volume Range

5.2.3. Price Range

5.2.4. Volume Range | Price Range - Connection

5.2.5. Minimum Turnover (price-related)

5.3. Ratios Liquidity | Finance Plan

5.4. Ratios Profit | Profit Plan – Liquidity | Finance Plan

5.4.1. Turnover Rate – Receivables from Trade

5.4.2. Turnover Rate – Liabilities from Trade

5.5. Ratios Profit | Profit Plan – Balance Sheet | Budgeted Balance Sheet

5.5.1. Return on Investment | ROI

5.5.2. Return on Equity | ROE

5.5.3. Return on Sales | ROS

Author

Method

List of Relevant Literature

Index of Figures

1. Introduction

“Management Accounting.” is based on the idea that all accounting/controlling considerations in an enterprise are always focused on the Big Picture – the comprehensive overview or comprehensive presentation of these business activities as a whole. All business activities are always analyzed and evaluated with reference to this overall connection.