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What is the difference between budgetary accounting and budget management?

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Question ajoutée par Nadjib RABAHI , Freelancer , My own account
Date de publication: 2016/02/18
varshal poojary
par varshal poojary , ADMINISTRATION ANDPURCHASING ASSISTANT , MARINA PHARMACY GROUP

Accounting deals with recording, summarizing, interpreting and reporting financial transactions.Accounting deals with financial transaction that have already happened.

Budget management aims to predict what will happen financially.

Laura Yates
par Laura Yates , Airman & Family Readiness Program Manager , Florida Air National Guard - 125th Fighter Wing

Budgetary accounting is typically used in government accounting and is not subject to the same provisions.  Budget management analyzes and provides oversite of costs and expenditures for a business.

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