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Budgeting

1. The budget is God.

Anonymous. Sloganat Japanese optical company Topcom. Quoted in Economist (London) (January 13, 1996)

 

2. Watch the costs and the profits will take care of themselves.

Andrew Carnegie (1835-1919) U.S. industrialist and philanthropist. Quoted in The Entrepreneurs-An American Adventure (R. Sobel and D. B. Silicia; 1986)

 

3. We didn’t actually overspend our budget. The Health Commission allocation simply fell short of our expenditure.

Keith Davis (b.1926) Australian administrator and physician. Quoted in Sydney Morning Herald (November 14, 1981)

 

4. Balance sheets are meaningless. Our accounting system is still based on the assumption that 80 per cent of costs are manual labor.

Peter F. Drucker (b.1909) U.S. management consultant and academic. Interview, Hot Wired (July/August 1993)

 

5. My father would look at my books and pull his hair, I just never got involved with the whole cash-flow thing. My attitude was, creativity will see me through.

Adrienne Landau (b.1950) U.S. fashion designer. “An Artisan Discovers Cash Flow,” Forbes Global (Richard C. Morais; October 1999)

 

6. Whenever I think about the budgetary problems, I think about the problems of Errol Flynn…reconciling net income with gross habits.

Malcolm Rifkind (b.1946) British politician. Quoted in Film Yearbook (1986)