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Should companies rethink their approach to 2021 budgeting?
Manage episode 275047104 series 2432285
Even without the disruption of COVID-19, budgeting and forecasting for the year ahead are challenging tasks requiring months of back-and-forth negotiations between departments and senior management. Prabhu Sivabalan, professor of accounting at the UTS Business School in Sydney, who has spent years researching budgeting, talks about the problem with using budgets for performance evaluation and suggests quick wins to improve budgeting this planning season.
123 つのエピソード
Manage episode 275047104 series 2432285
Even without the disruption of COVID-19, budgeting and forecasting for the year ahead are challenging tasks requiring months of back-and-forth negotiations between departments and senior management. Prabhu Sivabalan, professor of accounting at the UTS Business School in Sydney, who has spent years researching budgeting, talks about the problem with using budgets for performance evaluation and suggests quick wins to improve budgeting this planning season.
123 つのエピソード
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