Econs

BUDGETING AND BUDGETARY CONTROL Mirea Marioara Ovidius University Constanta, Economic Sciences College, Constanta, Bd.Tomis, no.338,bl.C1,ap.16 , Email: mm_mirea@yahoo.com Aivaz Kamer Asalos Nicoleta It can be state that reign overment control is take uped to try to discover that the plaque achieves its objectives. Once the objectives have been agreed, plans should be careworn up so that the progress of the steadfastly can be order towards the ends stipulate in the objectives. Now it must not be thinking that plans can be denotative only in be terms, for example quality of the product might be beaver shown in engineering terms, or social objectives shown in a plan bear on with employee welf atomic total 18. But some of the objectives, such as the attainment of a desired profit, or of the attainment of a desired growth in assets, can be expressed in method of accounting terms. When a plan is expressed quantitatively it is know as a budget and the process of converting plans into budgets is known as budgeting. In this study we are have-to doe with in the first personate with budgets shown in monetary terms, i.e. financial budgets. The budgeting process may be quite formal in a large disposal activity with committees set up to perform the task.

On the former(a) passel in a very small firm the possessor may jot down his budget on a piece of scrap paper or even on the back of a used envelope. Some even take without writing anything down at all they have by dint of the budgets in their heads and can easily remember them. This study is concerned with budgeting in a formal manner. Key W ords: Budgets, the processes of budgeting, t! he strategical planning, budgetary control. Introduction Probably in no early(a) disassemble of accounting is there a greater need for brain other people than in the processes of budgeting. Budgets are fain in order to try to guide the firm towards its objectives. on that point is no doubt that some budgets that are drawn up are even more harmful to a firm than if none were drawn up at all. Budgets are drawn up...If you call for to get a full essay, order it on our website: OrderCustomPaper.com

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