The financial budget includes the master budget balance sheet, the budgeted statement of cash flows, the cash budget, and the capital budget. The capital budget is necessary as it demonstrates where large capital expenditures will be made and how capital will be used. If capital expenditures for the coming year will affect the balance sheet, income statement and cash flows, these capital expenditures must be reflected in the budgeted balance sheet, income statement and cash flow statement, so the capital budget is required in order to develop these other budgets.
The financial budget includes the master budget balance sheet, the budgeted statement of cash flows, the cash budget, and the capital budget. The balance sheet is an important part of the financial budget as it pulls everything together at the end.
The financial budget includes the master budget balance sheet, the budgeted statement of cash flows, the cash budget, and the capital budget. The capital budget shows where/how large amounts of capital will be utilized. The cash budget tracks the inflows and outflows of cash on a month-by-month (possibly even week-by-week or day-by-day) basis. The budgeted balance sheet shows how the entire budget is pulled together.
The financial budget includes the master budget balance sheet, the budgeted statement of cash flows, the cash budget, and the capital budget.
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