What Is A Budget Manual?

  • The administration of budgeting is documented in a budget manual. It contains the purpose of, procedure for and responsibility of the people involved in budgeting.

More details as follows:

  • The objectives of the business and the part which budgetary control plays in achieving these objectives;
  • The procedures to be adopted in operating the budgetary control system;

  • The responsibilities and duties of those connected with the preparation of the budgets;

  • The reports and statements required for each budget period;

  • The functions of the budget committee and

  • The accounts classification to be used.

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