Introduction of budgeting (definition, process, varying roles) Budgeting is the key to good management. This is true for individuals, small family-owned companies, new high-technology companies, large corporations, government agencies, and nonprofit organisations. Managers and others in positions of responsibility must plan on a daily, weekly, monthly or annual basis if they are to operate efficiently. Because of the importance of money to businesses, and because of the fact that it is the common denominator in …showed first 75 words of 3198 total…

…showed last 75 words of 3198 total…Managerial Accounting and Finance. Mars Business Associates Ltd. (11)<Tab/>T Lucey. (1996: 4th Ed.). Management Accounting. London: DP Publications (12)<Tab/>Wayne J. Morse, James R. Davis & Al L. Hartgraves. (1991: 3rd Ed.). Management Accounting. Addison-Wesley. (13)<Tab/>http://jan.ucc.nau.edu/~ha355-c/ha355/class/statement/budget/ (14)<Tab/>http://www.fao.org/docrep/W4343E/w4343e05.htm#TopOfPage