capital budget

简明释义

资本预算

英英释义

例句

1.Before approving any new projects, the board reviewed the capital budget 资本预算 to ensure sufficient funding.

在批准任何新项目之前，董事会审查了资本预算 资本预算以确保资金充足。

2.The company is planning to allocate more funds to its capital budget 资本预算 next year to expand its operations.

公司计划在明年将更多资金分配给其资本预算 资本预算以扩大业务。

3.A well-planned capital budget 资本预算 can help a business prioritize its investments effectively.

一个良好规划的资本预算 资本预算可以帮助企业有效地优先考虑投资。

4.Unexpected expenses can disrupt the planned capital budget 资本预算, requiring adjustments.

意外开支可能会干扰计划中的资本预算 资本预算，需要进行调整。

5.The finance team is responsible for preparing the capital budget 资本预算 for the upcoming fiscal year.

财务团队负责为即将到来的财政年度准备资本预算 资本预算。

作文

Understanding the concept of a capital budget is crucial for anyone involved in financial planning and management. A capital budget refers to the process by which an organization plans its major investments in long-term assets. These assets typically include property, equipment, and technology that are expected to provide benefits over an extended period. The capital budget is essential because it helps organizations allocate their resources efficiently, ensuring that they invest in projects that will yield the highest returns. One of the primary purposes of a capital budget is to evaluate potential investments and prioritize them based on their expected profitability and strategic alignment with the organization's goals. For instance, a company may have several projects in mind, such as upgrading its manufacturing facilities or investing in new software systems. By analyzing the costs and benefits of each project, the organization can determine which investments are worth pursuing. This analysis often involves calculating metrics such as net present value (NPV) and internal rate of return (IRR), which help decision-makers understand the financial implications of their choices.Moreover, the capital budget plays a critical role in securing funding for projects. Organizations often need to present their capital budget to stakeholders, including investors and board members, to justify their spending plans. A well-prepared capital budget not only outlines the expected costs and revenues associated with each project but also demonstrates how these investments align with the organization’s long-term strategy. This transparency can build trust among stakeholders and facilitate the approval process for funding.In addition to aiding in decision-making and securing funding, the capital budget also serves as a tool for monitoring and controlling expenditures. Once a project is approved and underway, it is essential to track actual spending against the capital budget. This oversight ensures that projects remain on track financially and allows organizations to make adjustments if necessary. If a project exceeds its budget, managers can investigate the reasons behind the overruns and implement corrective actions to mitigate further financial risk.Furthermore, the importance of a capital budget extends beyond individual projects. It reflects the overall financial health of an organization. A well-structured capital budget indicates that a company is strategically planning for its future, while a poorly managed one can signal financial distress. Investors and analysts often scrutinize an organization's capital budget to gauge its growth potential and sustainability.In conclusion, mastering the concept of a capital budget is vital for effective financial management. It encompasses the planning, evaluation, and monitoring of long-term investments that shape an organization’s future. By understanding and applying the principles of a capital budget, organizations can make informed decisions that promote growth and ensure financial stability. As businesses navigate an increasingly complex economic landscape, the ability to effectively manage a capital budget will continue to be a key determinant of success.

理解资本预算的概念对任何参与财务规划和管理的人来说都是至关重要的。资本预算是组织计划其长期资产重大投资的过程。这些资产通常包括预计将在较长时间内提供收益的财产、设备和技术。资本预算是必不可少的，因为它帮助组织有效分配资源，确保他们投资于将带来最高回报的项目。资本预算的主要目的之一是评估潜在投资并根据其预期的盈利能力和与组织目标的战略一致性对其进行优先排序。例如，一家公司可能有几个项目在考虑中，例如升级其制造设施或投资新的软件系统。通过分析每个项目的成本和收益，组织可以确定哪些投资值得追求。这种分析通常涉及计算净现值（NPV）和内部收益率（IRR）等指标，这有助于决策者了解他们选择的财务影响。此外，资本预算在为项目获得资金方面也起着关键作用。组织通常需要向利益相关者（包括投资者和董事会成员）展示其资本预算，以证明其支出计划的合理性。一个准备充分的资本预算不仅概述了与每个项目相关的预期成本和收入，还展示了这些投资如何与组织的长期战略保持一致。这种透明度可以在利益相关者之间建立信任，并促进资金审批过程。除了帮助决策和获得资金外，资本预算还作为监控和控制支出的工具。一旦项目获得批准并开始实施，跟踪实际支出与资本预算的对比是至关重要的。这种监督确保项目在财务上保持正轨，并允许组织在必要时进行调整。如果一个项目超出了预算，管理者可以调查超支的原因，并采取纠正措施以减轻进一步的财务风险。此外，资本预算的重要性不仅限于单个项目。它反映了组织的整体财务健康状况。一个结构良好的资本预算表明公司正在为其未来进行战略规划，而一个管理不善的预算则可能表明财务困境。投资者和分析师通常会仔细审查一个组织的资本预算以评估其增长潜力和可持续性。总之，掌握资本预算的概念对于有效的财务管理至关重要。它包含了塑造组织未来的长期投资的规划、评估和监控。通过理解和应用资本预算的原则，组织可以做出明智的决策，促进增长并确保财务稳定。随着企业在日益复杂的经济环境中航行，有效管理资本预算的能力将继续成为成功的关键决定因素。