Financial Budgeting spreadsheet preparation is a common affair in most established companies. Most of the time, the preparation procedures and formats are inherited from the predecessors. Giving short time and tight deadline are very common. Most people who are involved in the preparation of financial budgeting spreadsheet, were always too engrossed to rush and meet the deadline.

How many people involved really understand the full financial budgeting spreadsheet preparation process? I have been preparing budgeting spreadsheets for the last 10 years of my working career. I realised that many of the people who are involved in the preparation of financial budgeting spreadsheets, that I met, don’t really have a proper training or knowledge of the full budgeting spreadsheet preparation process. continue reading…