Keerthi (student) (111 Points)
22 June 2015Hello,
Have seen senior managers working on corporate budgets.
But I never got an opportunity to work in the budgeting team.
Wonder how budgets are prepared in a company.
Has any one ever prepared a corporate budget?
Would they please mention the procedure?
Nikhil Kaushik
(Fellow CA)
(85093 Points)
Replied 10 July 2015
dear keerthi,
the corporate budgets are prepared in the same manner as are taught in Financial management and costing chapters in IPCC and CA finals. You don't to work on corporate budgeting because most of the cases CA firms do very little of advisory work and focus more on typical audit and taxation work.
The basics will remain same in all the cases. Its all about income and expenses and the expected cash flows!
Keerthi
(student)
(111 Points)
Replied 11 July 2015
Thanks Nikhil.
If anyone has sample budgets template please upload here.
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 13 July 2015
https://www.accountingtools.com/questions-and-answers/what-are-the-steps-in-preparing-a-budget.H T M L
https://www.slideshare.net/AyeshaHamid3/project-report-on-master-budget
https://bookboon.com/en/budgeting-planning-for-success-ebook
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