Quick Glossary: Corporate Budgeting

Developing a financial budget requires knowledge about the business, the company, and the industry, as well as familiarity with budgetary terminology.

This list of essential terms, written by Mark W. Kaelin and Maria Carrisa Sanchez for TechRepublic Premium, will help you master the basic vocabulary.

  • Featured definition from the download:

    Accrual accounting

    The booking of revenues when they are invoiced or expenditures when they are billed. Accrual revenues are considered earned when a claim for reimbursement (receivable) is submitted. Accrual expenses are considered encumbered when a purchase order or contract (payable) is submitted.

Improve your knowledge of budgetary terminology with our eight-page PDF. This is available for download at just $19. Alternatively, enjoy complimentary access with a Premium annual subscription.

TIME SAVED: Crafting this content required 18 hours of dedicated writing, editing, research, and design.

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Provided by:
TechRepublic Premium
Published:
January 30, 2025
Topic:
Payroll
Format:
PDF
or

* Sign up for a TechRepublic Premium subscription for $299.00/year, and download this content as well as any other content in our library. Cancel anytime. Details here.