Why is Budgeting important?

What is the meaning of Budgeting? Budgeting is the projection of income and expenditures that one expects an institution to earn and incur over… Read Article

Comprehensive Budget

What is a Comprehensive Budget?A comprehensive budget consists of all the recurring income and expenditure and non-recurring expenditure. It does not include non-recurring income… Read Article

Sales Budget

What is a Sales Budget?The sales budget is a forecast of the expected units a company intends to sell over a period of time… Read Article

Cash Budget

What is a Cash Budget? A Cash budget represents the expected future cash flow of an organization over a defined period of time. It… Read Article

Flexible Budget Variance

What is a Flexible Budget Variance? A flexible budget is a financial plan with scope for change in the value of its key parameters.… Read Article