Bayt.com

Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

What is the rolling budget and its uses?

Rolling Budget Monitoring Budget Forecast
user-image
Question ajoutée par MUHAMMAD SHABAN AFZAL , Accounts Executive , Orient House General Trading LLC
Date de publication: 2013/06/28
Apprécier (0) Vues (4) Suiveurs (1) Réponses (2) Report Question
Ajoutez Une Réponse
Inscrivez-vous ou connectez-vous pour répondre.
Nasr Ibrahim Mohamed
par Nasr Ibrahim Mohamed , Budget Team Leader , Zain

Method in which a budget established at the beginning of an accounting period is continually amended to reflect variances that arise due to changing circumstances.

Tauseef Ahmed Raja
par Tauseef Ahmed Raja , Assistant Manager Accounts , Al Manal Development

The budget which is continuously updated for a specific period of time in future. Each time when it is updated a new period is added in future and one earliest period is dropped from budget plan.

For example a budget is prepared for12 months. when one month passed it is updated up to13 months and1st month of last budget is dropped from the plan. so it will always be for a period of12 months rolling forward.

 

Ecrivez Votre Réponse
More Questions Like This