Talk:Budget process
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...Discuss the budget process in relation to 2021-2022 in south Africa
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edit"Budgeting needs to be very much focused and clearly prepared so that it covers all of the financial constraints in that sense that any of the investments that would be planned in the future will cover the financial targets of the firm, its viability should be in due course of the firm’s overall strategic financial plan, the routine and daily occurring expenses will have their proportionate allocation so that any investment will be in a way that will not hurt any of the scheduled existing expenses of the firm. Budgeting needs to be done in a proper and meaningful way that covers all the financial targets of the company, these targets needs to be achieved in order to be called successful budgeting. Financial budgeting is also referred to as an investment appraisal that finalizes and clearly shows that the investment through which the firm will be going must have fulfilled all financial targets."