Budgets, forecasts & scenarios · Working

Zero-based budgeting

Also called: ZBB

ELI5

Budgeting that requires expenditures to be justified from a fresh base rather than automatically carried forward.

Used in conversation

“State the period, currency and accounting basis for zero-based budgeting.”

Pitch context

You will see “Zero-based budgeting” in financial models, budgets, board packs and investor materials when the discussion reaches budgets, forecasts & scenarios.

Why it matters: In budgets, forecasts & scenarios, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Sources & evidence · 5

Direct term-level sources and supporting source families.