Oscar David Álvarez Tapias

DIALOGUE ABOUT THE BUDGET Aprendiz SENA

REPORT OF A COMPANY Gestión de Mercados
Ficha: 1668030
QUESTION 1
QUESTION 2
QUESTION 3
IT REFLECTS THE RESULTS OF A COMPANY’S OPERATION IN TERMS
OF INCOMES, EXPENSES, PROFITS AND LOSSES OVER A YEAR OR
PARTICULAR PERIOD OF TIME OF A PROJECT.
IT REFLECTS THE STRUCTURE OF A COMPANY AND HAS INFORMATION
REGARDING A COMPANY’S ASSETS, LIABILITIES AND AVAILABLE CAPITAL.
THIS INFORMATION IS PRESENTED AT THE END OF A REPORTING PERIOD
OR ON AN ANNUAL BASIS.
IT INDICATES CASH FLOW CHANGES (INFLOWS AND
OUTFLOWS) OVER A PARTICULAR PERIOD OF TIME.
FINANCIAL INDICATOR IS A RELATIVE MAGNITUDE OF
TWO NUMBERS SELECTED FROM THE FINANCIAL
STATEMENTS OF A COMPANY.
IS THE BASIS FOR MAKING ACCURATE FINANCIAL
DECISIONS AND A GOOD PLANNING PROCESS.
RESULTS
MEETING OF THE MANAGERS OF A COMPANY IN
WHICH THEY PLAN THE BUDGET REPORT.
GENERAL MANAGER: Cordial greetings, Gentlemen financial manager and production
manager, we are gathered to plan the budget report of our transport company.

GENERAL MANAGER: To start, I would like to know what each of you understands by
budget.
FINANCIAL MANAGER: I consider that it is the first contribution that a company needs to
estimate the income, costs, expenses and, in general, all the elements that make up the
financial statements.

PRODUCTION MANAGER: It is a document that translates the plans into money: money that
needs to be spent to get your planned activities (expense) and money that needs to be
generated to cover the costs of completion of work (income).

GENERAL MANAGER: and Why do you think a budget is necessary?

MEETING OF THE MANAGERS OF A COMPANY IN
WHICH THEY PLAN THE BUDGET REPORT.
PRODUCTION MANAGER: Because it tells you how much money you need to carry out your
activities, I consider that without a budget, you are like a ship without a rudder.
FINANCIAL MANAGER: Because it is a good basis for accounting and financial
transparency.
GENERAL MANAGER: Yes, in agreement with you. I consider that this topic is very important
because it realizes the projection of the operation of the company and makes possible the
decision making. On the other hand I consider it necessary, so it allows identifying failures
and establishing improvement plans.
MANAGER PRODUCTION: Excellent appreciation Mr. General People. In order to develop
a precise budget, the Financial Manager and my person identify and classify some costs.
FINANCIAL MANAGER: Yes, these costs help to track and control the real cost resulting from
the activities. These costs are: Operational Costs, Organizational Costs, Personnel
Employment Costs and Investment Costs.
MEETING OF THE MANAGERS OF A COMPANY IN
WHICH THEY PLAN THE BUDGET REPORT.
GENERAL MANAGER: Very well done, gentlemen, I think we are on the right path. It is time
that we establish the aspect of the planning cycle. What indications they have.
FINANCIAL MANAGER: I think that the planning cycle should have relevant aspects such as
reviewing what has been done in terms of impact, effectiveness and efficiency, as well as
reviewing and clearly explaining the vision, mission, strategy and objectives.
PRODUCTION MANAGER: I think other aspects to take into account in this planning are
estimating costs and preparing a budget that covers the work
GENERAL MANAGER: Valuable contribution, gentlemen. To continue with the aspect of this
planning we must also take into account the preparation of operational plans and put them
into practice.
FINANCIAL MANAGER: Taking into account what was said by you, I can summarize the
preparation of the budget and business strategy through the budget are planning,
coordination and control
MEETING OF THE MANAGERS OF A COMPANY IN
WHICH THEY PLAN THE BUDGET REPORT.
MANAGER OF PRODUCTION: Yes, very good appreciation, I add that it is necessary a
good planning of the budgets of the company to obtain the best results and look for new
ways to obtain benefits for the company, as well as a good follow-up of this budget is
necessary to optimize it.
GENERAL MANAGER: Extraordinary contribution Gentlemen, I see that they are very clear
that when preparing the budget we must think of two key things: optimize the budget and
achieve the best results. CONGRATULATIONS.
PRODUCTION MANAGER: Thank you, Mr. General Manager, in the production area, our
delivery is total to meet the demands of the budget and satisfy the orders of the clients.
FINANCIAL MANAGER: It is very good to work as a team, we will always try to facilitate
the projection of the financial statements.
PRODUCTION MANAGER: Thank you all.
FINANCIAL MANAGER: Equally, thank you all.
 GLOSSARY
PRECIO: En general, es el valor dado a cambio de la transferencia de propiedad,
ya que es la esencia de las transacciones comerciales.
PRESUPUESTO DE VENTAS: Un presupuesto de ventas es una necesidad para todas
las empresas, incluso para las empresas más pequeñas, porque es la base para
tomar decisiones financieras precisas y un buen proceso de planificación.
HOJA DE BALANCE: Refleja la estructura de una compañía y tiene información
sobre los activos, pasivos y capital disponible de una compañía.
ESTADO DE INGRESOS: refleja los resultados de la operación de una empresa en
términos de ingresos, gastos, ganancias y pérdidas durante un año o un período de
tiempo particular de un proyecto.
 GLOSSARY
ESTADO DE FLUJO DE EFECTIVO: Indica cambios en el flujo de caja (entradas y
salidas) durante un período de tiempo determinado.
INDICADOR FINANCIERO O RATIO: Un índice o indicador financiero es una
magnitud relativa de dos números seleccionados de los estados financieros de una
empresa.
THANK YOU