Budgeting
Discipline:
– Finance
Type of service:
Essay
Spacing:
Single spacing
Paper format:
Harvard
Number of pages:
1 page
Number of sources:
3 sources
Paper details
Budgeting
In an approximately 500-word response, address the following issues/questions:
‘I don’t need a budget; I run my own business so it’s all in my head. Bothering with a budget would just be a waste of time and money!’
- Do you agree or disagree with this point of view?
- Discuss the value of budgeting for organisations of all sizes and types in terms of effective resource management.
- Explain what characteristics of a budgeting system are most likely to contribute towards its successful implementation and how a lack of these might result in ethical problems.
Learning Resources Required
Module Text
Atrill, P. & McLaney, E. (2017) Accounting and finance for non-specialists. 10th Ed. Harlow, UK: Pearson Publishing.
- Chapter 9, ‘Budgeting’
- Chapter 11, ‘Financing the Business’
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