Dr. Jorge Scarpin, department chair of the Offutt School of Business and associate professor of accounting, was recently featured in a WalletHub article exploring the benefits of zero-based budgeting, a strategy in which every dollar of income is assigned to a specific monthly expense so that income minus expenses equals zero.

In the piece, Scarpin discusses how the approach can help organizations undergoing transformation or seeking to cut unnecessary spending. He emphasizes the importance of engaging stakeholders across all levels.

“Ensure that all departments are involved in the process to guarantee that needs and priorities are considered,” Scarpin said. “Zero-based budgeting works more effectively in a horizontal structure than in a centralized one.”

WalletHub is a leading personal finance resource with a nationwide audience.

Read the full article: .