A budget can be a powerful management tool. An accurate budget enables a company to foresee its operating expenses and plan for recurring costs. Entering numbers into a budget summary form is only ...

A zero-based budget is a budgeting method in which every dollar of income is allocated for a specific purpose. This budgeting approach involves starting from scratch and allocating every dollar of ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Amy is an ACA and the CEO and founder ...

Editor’s Note: Millions of folks have had their lives disrupted by the coronavirus crisis. And anytime your financial situation changes – whether due to this crisis or when you retire, for example – ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A budget variance is a discrepancy between the predicted cost or revenue in a given account. A budget variance may include a revenue shortfall due to an inaccurate estimate, or a sudden and unexpected ...