Departmental Budget Articles

1). The Revenue Budget Is An Essential Management Information Tool By : Terry Cartwright
The revenue budget is an essential business management accounting tool monitoring actual financial performance against the approved financial targets. Fixing a budget produces few tangible improvements in financial performance unless it is structured to reflect the financial performance of individual activity areas and management responsibility within the business.
Article Related to: revenue budget, management accounting, management accountant, budget, departmental budget, budgeting