Zero Based Budgeting (ZBB): this article explains Zero Based Budgeting (ZBB) in a practical way. Next to what it is (the definition), this article also highlights the requirements, the application of ZBB, the advantages and the disadvantages. After reading you…
CAPEX (Capital Expenditure): This article explains the term CAPEX or Capital Expenditure in a practical way. The article contains information about the meaning of the term CAPEX and how to calculate it, along with examples, its usefulness and the risk…
Beyond Budgeting approach: the Beyond Budgeting model aims to realise an organisation that is extremely adaptable. This article provides a practical explanation of Beyond Budgeting approach. Highlights include: what is beyond budgeting, beyond budgeting vs traditional budgeting, 12 principles of…
Capital Budgeting: this article explains capital budgeting in a practical way. After reading this article, you’ll understand the basics of this powerful financial management tool.
What is the definition of capital budgeting?
Capital budgeting, as the name implies, consists of…
