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What is budgeting? briefly state the importance of budgeting to the accounting unit of an organisation?

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Question ajoutée par SOLOMON RONO , Accountant / Finance Assistant , Kenya National Trading Corporation Limited
Date de publication: 2014/06/10
IBRAHIM MOHAMMED - CMA
par IBRAHIM MOHAMMED - CMA , Senior Accountant , Ajal Finance & Investment K.S.C.C

The budgeting plays an pivotal role in any organisation to make decision based on variance report incomparison to budgeted and actual figures and will reflect where the organisation is heading towards and changes required to boost the sales and to control over expenses.

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