RO****

ROE refers to return on net assets. ROE budget management refers to a method for enterprises to use ROE as the core indicator to measure the efficiency and economic benefits of enterprise operations when formulating budgets, and to promote enterprises to achieve efficient profitability and sustainable development through effective budget control and management methods. ROE is one of the important indicators to measure a company's profitability. It can reflect the relationship between corporate profits and invested capital. The higher it is, the more profits the company earns relative to the capital invested. ROE budget management helps enterprises better understand operating conditions and profitability, achieve scientific budgeting, effective control and enhance competitiveness.

What is budget management? "Budget management is a plan to optimize the allocation of resources for a certain period of time based on business activities and production and operation processes. The focus is to achieve the maximum value-added purpose through the optimization of resources." From this point of view, budget management is particularly important for enterprises. In this enterprise teaching guide, Mr. Fu summarizes efficient budget management methods suitable for enterprises through his own experience. He is on the same front with operators and conducts a comprehensive analysis of budget management. The language of this book is plain but full of guiding significance. It is an indispensable guide for managers on their way to improvement.

Buffett once said: "If I had to use an indicator to select stocks, I would choose ROE (return on net assets). Those companies whose ROE can remain stable at more than 20% all year round are good companies, and investors should consider buying them. Through research on a large number of companies, the author found that ROE budget management It is still a relatively blank area. He emphasized that companies should set an achievable ROE target based on future business plans and strategies. At the same time, this goal should also be consistent with the company's long-term growth goals and shareholder interests. Only by digging deeper into ways to improve ROE can companies go further.

This book is very practical! The "ROE Budget Management Method" proposed by Teacher Fu Xiaoping is so powerful, it makes complex financial and budgeting knowledge simple and easy to understand. I particularly like the sentence in the book, "The most important thing is simplicity, actions speak louder than words." It makes sense. And it also mentions a lot of mistakes that entrepreneurs make, which I think is very inspiring to me. I recommend you check it out too!

A lot of content can be applied in practice, and it has a lot of inspiration and help for reducing costs and increasing efficiency.

Very good, very meaningful

Objective, true, and profound.

It gave me a new understanding of management accounting. This method can really help companies, and I feel more fulfilled doing management accounting.

It opens up your mind and leaves you with more to watch than before. It's worth watching over and over again!