Have you ever been involved in helping prepare a capital expenditure budget?
Do you recall whether any of the four cash flow reporting methods were used?
If you have not been involved in creating the capital budget, ask someone in your finance department to provide you with the directions they distribute each year when it is time to develop the capital budget for the coming year.
Then, discuss what you learned about your organization’s capital budgeting process.
Have you ever been involved in helping prepare a capital expenditure budget? Then, discuss what you learned about your organization’s capital budgeting process.