Budgeting Practice and Organisational Structure

Author: Stephen Lyne David Dugdale
Publisher: Elsevier Science & Technology
Category: Accounting, Management Accounting & Bookkeeping, Finance, Banking, Budgeting & Financial Management
Age Group: 15+
Book Format: Paperback

Budgeting is at the heart of the performance management process for most companies. However, some argue that many companies today are dissatisfied with budgeting. It is seen to be costly and time-consuming; it inhibits action and causes organizational problems. The influence of the 'Beyond Budgeting' model has caused many major companies, including Toyota, to abandon traditional budgeting altogether. Should other companies follow suit? This report explores the changes in budgeting through a survey of financial and non-financial managers. The concerns include: the attitudes of managers towards budgeting models; how budgetary practices have changed; what problems budgeting can cause; and, the effects of budgets on overall company performance. This report reveals that there's little evidence to suggest widespread dissatisfaction with traditional budgeting. However, to enable a company to perform at its best, understanding budgeting in context is essential and it is imperative that budgeting works in tandem with other control systems and organizational structure. The original research is funded by the Chartered Institute of Management Accounting. It reveals the realities of budgeting models in practice. It includes interviews and surveys of actual businesses.

Table Of Contents
Executive Summary; 1.The Uses of Budgets; 2.Problems with Budgets; 3. The Survey; 4. Budgets and Structure; 5. Structure, Strategy and Control; 6. The Field Study; 7. Budgets and Structures; 8. Designing Structure and Control Systems


SKU BK-9780080965901
Barcode # 9780080965901
Brand Elsevier Science & Technology
Artist / Author Stephen Lyne David Dugdale
Shipping Weight 0.3700kg
Shipping Width 1.500m
Shipping Height 22.600m
Shipping Length 15.200m

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