The budget speech for 2013/2014 was given by Finance Minister Pravin Gordhan at the National Assembly in parliament‚ Cape Town on the 27 February 2013. Priorities Infrastructure – the government will over the next 3 years invest R827 billion into building new and upgrading existing infrastructure. Spending plans over the next 3 years include: * R5.2bn is to the local government equitable share * R4.2bn to the provincial government share * R3.2bn to the Passenger Rail Agency of SA
Premium Tax
To run a business needs cash. Cash Budget is a record of cash transactions that comes in and out of the business for a specific period of time. This helps in assessing the entity’s financial health whether there are sufficient cash for operations or too much cash are used. It also serves as a purpose of decision making on what amount of money can be granted to a creditor to avoid any liquidity in the business. Cash budget only records strictly cash movements. For example‚ Depreciation is not
Premium Debt
for a set period of time is called budget. A budget is a financial document used to project future income and expenses. The budgeting process may be carried out by a country‚ individuals or by companies to estimate whether the country /person/company can continue to operate with its projected income and expenses. The finance minister‚ AMA Muhith‚ has proposed national budget for fiscal year 2012-13 on June 7‚ 2012 with a total outlay of Tk 1‚91‚738 crore which consists of a deficit of Tk 52‚068
Premium Tax Bank Public finance
discuss my personality type based on result from Jungian 16-Type personality assessment and will discuss in detail about my type‚ an ISTJ‚ and how it relates to an organization. Organizations consist of people who differ from one another in almost every dimension possible. Diversity certainly is a challenge that is here to stay. To manage the diversity it is of utmost importance to understand personality and related behavior. Equally important is to understand one’s own personality type. A study of personality
Premium Personality psychology
July 13 2013 Every organization‚ to be effective‚ must have a structure. An organization structure is the setup that determines the hierarchy and reporting structure in an organization. It is often represented by a drawing known as an organizational chart. There are different types of organizational structures that companies follow‚ depending on a variety of factors like leadership style‚ type of organization‚ geographical regions‚ work flow and hierarchy. Organizations may choose from a number
Premium Organizational structure Organization
the assembly wrong could cost time‚ money and result in a failed project. Due to the uniqueness of the acquisition between establishing a core team to complete the project would ensure speed. Core project team members are experienced professionals‚ which means team members would devote their time and undivided attention to the project (Gray & Larson). Assembling a team with core member can also decrease risk and ensure that projects are completed on time. Another thing to consider is the latest technologies
Premium Project management
Zero-based budgeting starts from a "zero base" and every function within an organization is analyzed for its needs and costs. Budgets are then built around what is needed for the upcoming period‚ regardless of whether the budget is higher or lower than the previous one. Because of its detail-oriented nature‚ zero-based budgeting may be a rolling process done over several years‚ with only a few functional areas reviewed at a time by managers or group leadership. Zero-based budgeting can lower
Premium Budget Budgets Cost
Cash Budgets These are used by management as a guide to planning‚ control and decision-making. • So we can see when commitments are due so the business can make payments on time‚ maintaining a good reputation and being able to obtain credit • To show when the business has excess funds which should be invested to earn interest in either the short-term money market‚ in a fixed term deposit‚ in government stock or in an investment account (rather than a cheque account) • To control by
Premium Accounts receivable Debt Invoice
INTRODUCTION First of all‚ the budget on 2012 is formulated with the theme “national transformation policy‚ welfare for the rakyat‚ well being of the nation with focusing on five key area which area accelerating investment‚ generating human capital excellence‚ creativity and innovation‚ rural transformation programmed‚ strengthening the civil service and easing inflation and enhancing the well being of the Rakyat. While in the 2013 budget with the theme of “prospering the nation‚ enhancing well
Premium Economics Federal government of the United States Cost
Types and Forms of Business Organization There are millions of successful businesses around the world. One common trait all these businesses is that they have some sort of organization. But “What is Organization?” – it is the first topic I would like to speak. Then I will tell you about “Structure of an Organization”. After that we consider the “Types and Forms of Business Organization” and the variety of “The Names of Companies” (plc‚ Ltd‚ etc.) and‚ finally‚ I will tell some words about “International
Premium Corporation Types of business entity Business