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Budgets (In Hindi)
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Understanding budgets and budgetary control mechanism.

Ashima Negi is teaching live on Unacademy Plus

Ashima Negi
CBSE UGC NET. Full time Assistant Professor; MBA-FINANCE;BBA;NCFM;PGDM;TQM;ISO & QS9000;Assurance;CCIBL, Youtuber studytalkwithashima

Unacademy user
very helpful video
Mam. please include kinds of budget....
Ashima Negi
a year ago
  1. UGC NET EXAMINATION 2019 METHODS TO UNDERSTAND COST ACCOUNTING IN 60 MINUTES By:- Assistant Professor(Ms.)Ashima Negi Candidate For Doctorate ( Ph.D.) UGC NET-Management. CA(I), MBA Finance, BBA, PGDM-Materials Management, NCFM, TQM & ISO 9000, QS 9000 & Assurance, CCIBL.

  2. BUDGETS AND BUDGETARY CONTROL Budgetary control is the process of determining various actual results with budgeted figures for the enterprise for the future period and standards set then comparing the budgeted figures with the actual performance for calculating variances, if any. First of all, budgets are prepared and then actual results are recorded

  3. OBJECTIVES OF BUDGETARY CONTROL 1. To ensure planning for future by setting up various budgets, the requirements and expected performance of the enterprise are anticipated 3. To operate various cost centres and departments with efficiency and economy. 4. Elimination of wastes and increase in profitability 5. To anticipate capital expenditure for future. 6. To centralise the control system 7. Correction of deviations from the established standards 8. Fixation of responsibility of various individuals in the organization.