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Add Rolling Quarterly Forecasts to Traditional Budgeting Process
Blouw. M.E., Accountant, South Africa, Member
One should look at a budget plan as a base against which company and budget holder’s performance is measured.
However economic changes can be captured during rolling forecast done on a quarterly basis. This bridges the gap between a static plan and current market changes, thus budgeting as a process becomes more relevant and responsive....
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Beyond Budgeting
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