The cash budget and the capital budget relation
Explain the cash budget and the capital budget relation to pro forma financial statements.
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The cash budget explains the projected course of cash in and out of an organisation for particular time periods. The capital budget explains planned spending for most important asset acquisitions. And the forecaster makes use of data from budgets into pro forma financial statements assuming that the budget figures will occur.
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Janice Colangelo heads the Training Centre of the large HR Consulting firm EMT Consulting. The firm has three major departments: Recruitment, Training and Career Services. The Training Centre provides management training for employees of various businesses. Recruitment provides recruitment service
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