Budgetary Control – Dani Ki Costing – CA IPCC Video Lectures


Budgetary Control – Dani Ki Costing – CA IPCC Video Lectures

Budgetary Control – Dani Ki Costing – CA IPCC Video Lectures | Budgetary Control – Dani Ki Costing – CA IPCC Video Lectures | Budgetary Control – Dani Ki Costing – CA IPCC Video Lectures | Budgetary Control – Dani Ki Costing – CA IPCC Video Lectures

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Dani Ki Costing
IPCC Video Lectures
Budgetary Control
Lecture 1

Lecture 2
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Budgetary Control

Budgetary control is a technique useful in decreasing cost and increasing the profit of an organization without compromising the quality of a product or service. For carrying out budgetary control different types of budgets are prepared. With the help of budgetary control technique, the organization can achieve optimum utilization of its resources. Budgetary control involves activities like determining the objectives, framing policies to achieve the same and supervising the work and see that the work is so carried out to achieve the defined objectives.
Budgetary control consists of elements like establishment of budget, comparison of actual budget on continuous basis, revision of budgets whenever changes are detected and considered and appointing the authorized person by responsibility of failure so that the target can be achieved. Budgetary control provides assurance that the actions are properly taken to achieve the organizational objective by keeping in mind the budget prepared for the same.
Budgetary control technique is applied with an objective that the long range plans can be prepared and that to with accuracy. Budgetary control technique acts as a yardstick against actual results so that management can take decision regarding taking actions for the negative or low performances by comparing the actual results with that of yardstick. The working of budgetary control is based on the efficiency of the Budget Committee.

The budgetary control provides the advantages such as bringing out efficiency of business, helps in control over expenditure, etc. Budgetary control is also helpful in optimum utilization of resources as it catches the loopholes if any created by any means. It helps in revision of plans made in past if the same is flexible.


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