Planning, Budgeting and Budgetary Control Techniques and Essentials

Dr. Mbonigaba Celestin

Abstract

The book Planning, Budgeting and Budgetary Control: Techniques and Essentials by Dr. Mbonigaba Celestin explores the fundamental aspects of financial planning, budgeting, and control mechanisms essential for effective management. It defines planning as a strategic process to anticipate changes and align organizational activities with long-term goals. Budgeting is presented as a tool for financial planning and resource allocation, covering various types such as fixed, flexible, and zero-based budgeting. Budgetary control mechanisms ensure financial discipline by comparing actual performance with budgeted targets and taking corrective actions when needed.

Keywords

planning; coordination; motivation; control in financial management.

Cite This Article

Celestin, M. (2021). Planning, Budgeting and Budgetary Control Techniques and Essentials. International Journal of Scientific Advances (IJSCIA), URL: https://www.ijscia.com/wp-content/uploads/2021/07/BOOK-JULY21.pdf