Control Techniques- Budgetary Control

Hello Respected Researchers and/or Account manager/Finance manager, In this section we will discuss about ” Control Techniques- Budgetary Control“. It is very much important for a Researcher and/or Account manager/Finance manager to know about the Control Techniques- Budgetary Control.  If Researchers and/or Account manager/Finance manager could follow  the Points accordingly,  it would easier to reach the goal. Let’s start….


⇒ Managers use a large number of tools and techniques for effective controlling. Therefore we need to discuss specific techniques for managing the control process. First we’ll discuss budgetary control. And then we shall deal with other control techniques and methods.

Budgetary Control:

        ⇒ Budgeting is the formulation of plans for a given future period in numerical terms. Organisations may establish budgets for units, departments, divisions, or the whole organisation. The usual time period for a budget is one year and is generally expressed in financial terms.

⇒ Budgets are the foundation of most control systems.  They provide yardsticks for measuring performance and facilitate comparisons across divisions, between levels in the organisation, and from one time period to another.

⇒ Budgets usually serve four control purposes: (i) they help managers co-ordinate resources; (ii) they help define the standards needed in all control systems; (iii) they provide clear and unambiguous guidelines about the organisation’s resources and expectations and (iv) they facilitate performance evaluations of managers and units.


There may be some more documents on Control Techniques- Budgetary Control, this article is written by taking the help from Internet and other resources like Books, journals etc.


Be the first to comment

Leave a Reply

Your email address will not be published.