|
Explain Budget Manual.Principles and objectives of the budgetary control
Budget Manual is a document which standardized methods and procedures required in relation to budgetary control. It also sets out the responsibility of persons engaged in the process. A budget manual should contain the following particulars:
Principles and objectives of the budgetary control:
- Duties and responsibilities of the various executives
- Organisation chart
- Duties of budget office and budget committee
- Accounts codes and budget centre codes
- Budget diagrams
|
