full-budgeting approach

简明释义

编制全面预算方法

英英释义

例句

1.The company adopted a full-budgeting approach to ensure all departments were aligned with its financial goals.

公司采用了全面预算方法以确保所有部门与其财务目标保持一致。

2.The full-budgeting approach allows for comprehensive planning and forecasting, which is essential for long-term success.

全面预算方法允许进行全面的规划和预测，这对长期成功至关重要。

3.During the annual review, the finance team emphasized the importance of a full-budgeting approach in maintaining fiscal discipline.

在年度审查中，财务团队强调了全面预算方法在维持财政纪律方面的重要性。

4.The startup decided to use a full-budgeting approach to better manage its limited resources and maximize efficiency.

这家初创公司决定采用全面预算方法来更好地管理其有限资源并最大化效率。

5.By implementing a full-budgeting approach, the organization was able to identify potential cost savings across various projects.

通过实施全面预算方法，组织能够识别各个项目中的潜在节省成本的机会。

作文

In the world of finance and business management, budgeting plays a crucial role in ensuring that an organization can achieve its goals and objectives. One of the most comprehensive methods of budgeting is the full-budgeting approach, which involves the detailed planning of all financial resources and expenditures for a specific period. This method not only aids in tracking income and expenses but also provides a strategic framework for decision-making and resource allocation.The full-budgeting approach encompasses various elements, including revenue forecasts, operational costs, capital expenditures, and cash flow projections. By analyzing these components, organizations can create a complete financial picture that reflects their current situation and future aspirations. This approach allows businesses to anticipate potential challenges and opportunities, enabling them to respond proactively rather than reactively.One of the key advantages of the full-budgeting approach is that it encourages accountability within the organization. Each department is required to submit its budget, outlining expected revenues and expenditures. This process fosters a sense of ownership among managers, as they are responsible for managing their respective budgets effectively. Additionally, it promotes transparency, as stakeholders can easily see how resources are being allocated and utilized.Moreover, the full-budgeting approach facilitates better communication across departments. When each team is aware of the overall financial plan, they can align their objectives with the organization's goals. This alignment is crucial for fostering collaboration and ensuring that everyone is working towards the same end result. In this way, the full-budgeting approach not only enhances financial management but also strengthens the organizational culture.However, implementing a full-budgeting approach is not without its challenges. The process can be time-consuming, requiring significant effort from various teams to gather data and prepare their budgets. Additionally, unforeseen circumstances, such as economic downturns or changes in market conditions, can render the initial budget obsolete. Therefore, organizations must remain flexible and be prepared to adjust their budgets as necessary.Despite these challenges, many organizations find that the benefits of the full-budgeting approach far outweigh the drawbacks. By providing a comprehensive overview of financial resources, this method enables businesses to make informed decisions that drive growth and sustainability. Furthermore, it helps identify areas where cost savings can be achieved, ultimately contributing to improved profitability.In conclusion, the full-budgeting approach is a powerful tool for organizations seeking to enhance their financial management practices. By embracing this method, businesses can gain a deeper understanding of their financial landscape, promote accountability, and foster collaboration across departments. While it may require considerable effort to implement, the long-term benefits make it a worthwhile investment for any organization aiming for success in today's competitive environment. As businesses continue to evolve, adopting a full-budgeting approach could very well be the key to navigating the complexities of financial management effectively.

在金融和商业管理的世界中，预算在确保组织能够实现其目标和宗旨方面发挥着至关重要的作用。全面预算方法（full-budgeting approach）是最全面的预算方法之一，它涉及对特定时期内所有财务资源和支出的详细规划。这种方法不仅有助于跟踪收入和支出，还为决策和资源分配提供了战略框架。全面预算方法（full-budgeting approach）包括多个要素，包括收入预测、运营成本、资本支出和现金流预测。通过分析这些组成部分，组织可以创建一个完整的财务图景，反映其当前状况和未来愿望。这种方法使企业能够预见潜在的挑战和机遇，使他们能够主动而非被动地应对。全面预算方法（full-budgeting approach）的一个关键优势是它鼓励组织内部的问责制。每个部门都需要提交其预算，概述预期的收入和支出。这个过程培养了经理们的归属感，因为他们负责有效地管理各自的预算。此外，它促进了透明度，利益相关者可以轻松看到资源的分配和利用情况。此外，全面预算方法（full-budgeting approach）促进了跨部门之间的更好沟通。当每个团队都了解整体财务计划时，他们可以将自己的目标与组织的目标对齐。这种对齐对于促进协作和确保每个人朝着相同的最终结果努力至关重要。因此，全面预算方法（full-budgeting approach）不仅增强了财务管理，还加强了组织文化。然而，实施全面预算方法（full-budgeting approach）并非没有挑战。这个过程可能耗时，需要各个团队付出大量努力来收集数据和准备预算。此外，经济衰退或市场条件变化等不可预见的情况可能会使初始预算失效。因此，组织必须保持灵活性，并准备根据需要调整预算。尽管面临这些挑战，许多组织发现全面预算方法（full-budgeting approach）的好处远远超过缺点。通过提供财务资源的全面概述，这种方法使企业能够做出推动增长和可持续发展的明智决策。此外，它有助于识别可以实现成本节约的领域，最终有助于提高盈利能力。总之，全面预算方法（full-budgeting approach）是希望增强财务管理实践的组织的一种强大工具。通过采纳这种方法，企业可以更深入地理解其财务状况，促进问责制，并在各部门之间促进协作。尽管实施可能需要相当大的努力，但长期收益使其成为任何希望在当今竞争环境中取得成功的组织值得投资的选择。随着企业的不断发展，采用全面预算方法（full-budgeting approach）可能正是有效应对财务管理复杂性的关键。