1. BUDGETING 3.1 Explain in detail the purpose and the nature of the budgeting process for an organization like Ramona (PVT) Ltd

2. What is budgeting Predetermine estimate for future period in total terms

3. Why budgeting Planning Controlling Communication and coordination Motivation Performance evaluation

4. Planning functional cash master

5. controlling feed back feed forward

6. Communication and coordination motivation

7. performance evaluation Financial ratio balance scorecard benchmarking

8. Problems with budgeting In an uncertain environment For non profit organization Beyond budgeting

9. Budgeting 3.2 assess different budgeting method and its need for Ramona (PVT) Ltd

10. How budgeting Main approaches Top down Bottom up Alternative approaches Traditional Rolling Zero based

11. I will recommend rolling budget for Ramona (PVT) Ltd