cash flow forecast/budget 有咩分別

Cash flow budget is made in accordance with the company's or a departmental budget. It is a policy adopted by management.

Cash flow forecast is a projection of the inflow and outflow of cash based on an assumption and not necessary a policy. You can make any cash flow forecast at any time in any circumstances. However, if the forecast is much more realistic and accurate and agreed by management, it could be adopted to be a policy and thus the cash flow budget.

Management can means management team members in a division, department and corporate level.