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Tag - structural units

THE WEBSITE IS ABOUT MANAGERIAL ACCOUNTING. EXPLAINED IN PLAIN LANGUAGE. ABOUT ACCOUNTING WITH LOVE

How to draw up a corporate budget in terms of the subdivisions

Someday any large enterprise with the managerial accounting will need to draw up an expenditure budget for the subdivisions.   There are few ways of expenses planning if considering the work of the subdivisions, but I would like to mention one of them which I find the most effective and quite simple:   Economic Department distributes the form of the expenses plan for the period (month, quarter, year) to the heads of structural subdivisions. This form is similar to the form of the profit and loss account, but each expense item...