Summary of Que es un PRESUPUESTO y cómo hacer uno | Todo lo que debes saber | Finanzas y Contabilidad

00:00:00 - 00:25:00

This video discusses the concept of a budget and how to create one, both for personal financial purposes and for any other purpose. It explains the importance of objectives and discusses how to coordinate the execution of the budget. It also discusses the importance of a supportive executive leadership.

• 00:00:00 In this video, financial advisor Tanisha discusses what a budget is and how to create one. A budget is a tool used by both individuals and businesses to manage finances. It is a plan of how money will be spent over a certain period of time. Primarily, a budget is used to predict future expenses and make necessary adjustments to ensure that goals are met. One of the most common budgeting mistakes is setting goals without specifying how they will be achieved. A budget can be in the form of a numerical document, known as a financial plan, or it can be drawn up informally, as in the case of personal budgets.
• 00:05:00 A budget system is a planning tool that helps organize and systematize activities so that they're done in a planned way, one step at a time. It also determines objectives for an organization and establishes how much money will be used for each activity when it starts and when it's completed. A budget system can be subdivided into organizational levels, including general and departmental objectives. Finally, a system for directing and supervising activities is discussed. When implementing a budget system, it's important to make sure all objectives are met.
• 00:10:00 In order to create a realistic budget, one must have a thorough understanding of each activity and element within it, but there is one key requirement that is essential to any budget - it must be realistic. Many times, goals that seem impossible to achieve because they are too ambitious, end up causing more harm than good because managers lack the knowledge to realistically execute their plans. Ultimately, this is where managers with experience in the business come in, as they can better understand the operations and provide realistic budgets accordingly. Managers often need to hold meetings in order to discuss different areas of their business and to come up with budgets that are appropriate for each. One important requirement is to have managers who are experienced in the business, as they are better able to realistically execute their plans. In order to create a realistic budget, managers must also be aware of upcoming events that could affect their business, such as price increases in commodities.
• 00:15:00 This video explains the difference between a budget and a spending plan, and how to create one. It discusses the importance of objectives and discusses how to coordinate the execution of the budget. It also discusses the importance of a supportive executive leadership.
• 00:20:00 This video discusses the concept of a budget and how to create one, both for personal financial purposes and for any other purpose. Public and private budgets are distinguished, and public budgets are those that are typically seen as good by anyone, since they contain the budgets and expenses of a nation, such as Mexico's. The main is the summary of all the budget's departments, which can be human resources, production, administration, or some other aspect of an enterprise. The auxiliary are the detail of what will be spent in each of the budget's administration or area of administration. There are two ways to create budget: empirical, which is based on past experience, and estimates, which are based on probabilities. The most common example of a budget based on estimates is the 2020 budget, which was affected by the pandemic. The main point of this video is to familiarize oneself with the different types of budgets and the procedures for creating them. The first video in this series will discuss technical budgets in more detail.
• 00:25:00 This video explains what a budget is and how to make one, including information on financial fluctuations and deviations. If you enjoyed the video, please subscribe to the channel and share it with others. See you next time!