Mastering Budgeting and Budgetary Control

Table of Contents:1. Introduction2. What is Budgeting?3. Importance of Budgeting4. Types of Budgets 4.1. Operating Budgets 4.2. Financial Budgets 4.3. Master Budgets5. Budgeting Process 5.1. Setting Financial Goals 5.2. Estimating Income and Expenses 5.3. Allocating Funds 5.4. Monitoring and Control6. Budgetary Control 6.1. Definition and Purpose 6.2. Techniques and Tools 6.3. Variance Analysis7. Real-Life Examples…