more-arw search

Q&A Forum

Narrative Budgets

Marva Bryan's Profile

What is a narrative budget

Answers

Topic Expert
Alan Hart
Title: Consultant
Company: Pacific Shine Group
(Consultant, Pacific Shine Group) |

Narrative Budgets are documents that accompany a numerical budget document with a purpose of conveying a story, explaining the budget objectives, the reasons for certain spending, the use of the money proposed in the budget, etc. A narrative budget is more common in Not-for Profit organizations, and almost exclusively used in religious organizations where budget revenues (pledged contributions) and expenses (e.g., for specific missions and community activities) are further communicated through a narrative appealing to the organization's members which inspires giving.

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

I've also used them with Boards as a support element (tie-in) to the business plan.

David Isoe
Title: Managing Partner
Company: Cace Technologies
(Managing Partner, Cace Technologies) |

Can be described as budget notes, especially report to non-financial managers. It also helps during expenditure in various units of the organization that manage their own budgets as stand-alone modules

1105 views
Topics
Products and Companies

Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email content@proformative.com to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.