• Budget and forecasting a comprehensive approach

    Author(s):
    Harshvardhan Singh (see profile)
    Date:
    2021
    Item Type:
    Article
    Permanent URL:
    http://dx.doi.org/10.17613/6jcg-n409
    Abstract:
    Planning, Budgeting, and Forecasting should help businesses understand how the ongoing activities of their business contribute to delivering their long-term strategy. Financial planning and forecasting are used to determine the allocated resources for availing strategic objectives and action plans to achieve desired goals. In the face of a changing business environment, this study shows that current PBF processes are flawed. Many enterprises continue to invest significant resources in sub-optimal management processes that don't meet their business's operational and strategic needs. The study highlights three key areas for improvement in the current PBF process.
    Metadata:
    Status:
    Published
    Last Updated:
    3 days ago
    License:
    All Rights Reserved
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