How Budgets Steer Effective Management: Understanding the Basis for Responsibility Accounting
The following is a post to from Patrick Mackaronis. Patrick is the Director of Business Development for New York City-based social network Brabble. In this post , Patrick speaks about how budgets steer effective management . Patrick can be best reached on Twitter at @patty__mack. The benefits of developing sound budgeting procedures for an entity are varied. The primary among these is that budgets are important tools that guide the firm against over expenditure. By having a budget an organization presents the method through which it can use the available resources prudently to achieve the projected performance. How Budgets can...Read more