In this assignment, you will review an article of your choice related to this module’s readings. Topics Covered Prepare pro forma financial statements Prepare cash budget Use good research strategies...

Prepare Cash Budget
A cash budget is the budget where budget prepare on the basis of the receipt of the
cash and disbursement of the cash during the specific period. This may include the collection
of the revenue, payment of the different type of expenses, receiving of the loans and payment
of the loan on that specific period. Hence, it could be say that future cash position of the
company could be estimated by the cash budget. During preparation of the cash budget,
beginning cash balance determined firstly, afterwards receipts of the cash added to it. When
have total cash in a firm than deduction of the disbursement of cash done. Now, it the cash
budget when we get the exact cash in hand than we evaluate with the financing need and is it
excess cash or making deficiency cash need of the firm and at last ending cash balance
established. It is used for the assessment of whether the entity has sufficient cash or not for
the operation.
Maintaining a budget:
The solution of maintain a budget is an awareness. When we see the...