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Capital Budgeting in the Downturn
January 6, 2010
Charles Alsdorf, Director, Advisory Services, Deloitte Financial Advisory Services provides insights into the ongoing effort to cut costs and reprioritize budgets. Cash is king for now and organizations are scrambling to reprioritize projects to rejuvenate cash inflows in the near term, says Alsdorf.
Leading CFOs will use this
Leading CFOs will use this crisis to get budgeting and planning in their companies better aligned with the new cash-driven realities. Outlined in this article are four disciplines CFOs can quickly execute to improve budgeting for projects in the downturn.
Every country with non
Every country with non tracked or mis-managed, wrongly managed expenditures are one the way to severe debt, economic issues and bad times. Greece bailout followed by other countries, economic slow down of American countries are part of them. We as citizen of country are responsible for that ultimately.