The Budget Process
Module 07: Discussion Forum – ACT 500
Have you ever been involved in the budget process at your organization? If so, describe your role and responsibilities. Do you think people at your level in the organization should provide budget inputs, and why or why not? What aspects of the budget process might you change where you work, or at home, if you had the opportunity?
Embed course material concepts, principles, and theories, which require supporting citations, along with at least one scholarly-peer reviewed reference to support your answer unless the assignment calls for more.
Use academic writing standards and APA style guidelines.
………………….Answer preview……………………….
The Budget Process in an Organization
A budget is a monetary design that covers a specific period of time, a year in most cases (Kaplan & Norton, 2001). On the other hand, budget process refers to all the various activities in which all the top managers and other stakeholders create and approve budgets for their organization (Melek, 2009). Having served in an acting capacity as a finance director, there are various roles I played in the process of budget making……………….
APA
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