Budgeting: 3rd Edition specifically addresses the budgeting component of the National Accounting Training Package, but will also be suitable for any course containing a basic budgeting unit. Competency-based training and flexible delivery are the key conceptual tools for education in the Australian VET system and this book has been written with these aims in mind. This new edition provides a more in-depth insight into the principles of budgeting and forecasting. The easy-to-use structure and layout has been maintained and the book presents a logical explanation of budgeting, beginning from basics and working its way into more complex problems to ensure student learning is maximised. Content Chapter 1: Budgeting Fundamentals Chapter 2: Revenue budgets for merchandising and service organisations Chapter 3: Operating budgets for merchandising and service organisations Chapter 4: Cash budgets for merchandising and service organisations Chapter 5: Budgeted financial statements for merchandising and service organisations Chapter 6: Master budgets for manufacturing organisations Chapter 7 Flexible budgets Chapter 8: Performance reports Chapter 9: Behavioural aspects of budgeting