- Budgetary planning and control systems
- The preparation of budgets
- The sales budget
- Production and related budgets
- Fixed and flexible budgets
- Preparing flexible budgets
- Flexible budgets and Budgetary control
Nature and purpose of Budgeting
Explain why organizations use budgeting?
Explain the administrative procedure used in Budgeting
Describe the Stages in Budgeting process
Functional Budgets
Explain the term 'principal budget factor'
Prepare budgets for sales production, materials (usage and purchase), labour and overheads
Flexible Budgets and Standard Costing
Explain and prepare fixed, flexible and flexed budgets
Reconciliation of budgeted profit and actual profit
Reconcile budgeted profit with actual profit under standard absorption costing
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