3A business may need a well-defined budgeting process in order to estimate its future financial situation and arrange for appropriate amounts of financing and personnel. Budgeting: A Comprehensive Guide provides clarity to the process by showing how to assemble a complete set of budgets, as well as supporting procedures, controls, and reports. It also addresses several variations on the basic budgeting concept - the flexible budget and the zero-base budget. And for those organizations that prefer to operate without the rigidity of a formal budget, the book discusses how to do so. In short, Budgeting provides the complete toolkit of solutions for building a tailor-made budgeting system.