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Title: presentation on budgeting and budgetary control ppt
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budget and budgetary control at bsnl

A budget is a financial plan for a business, prepared in advance. Budgets are used to plan and control the business. Budgetary planning is the process of setting the budget for the next period. Budgetary control uses the budgets to monitor actual results with budgeted figures. ....etc

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Budgeting and budgetary control



Introduction

Budgets can be prepared for and used by anyone and anything. That is, we can prepare and use personal budgets and organisations, ministries and non profit making organisations can all use them.

Budgets, by definition, have to be prepared in advance; and for this reason, they are often referred to in terms of their being part of a feedforward system. Feedback is a term frequently heard both in accounting and ordinary use. Feedforw ....etc

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