If your research covers some of the broad areas explored in these questions you should be more than adequately prepared. 1)There are various types of budgets in organisations including cashflow budgets, production budgets and master budgets. These different budgets all perform similar roles including communication of strategy and performance reporting. Critically discuss this view with reference to the various roles of budgets in organisations. 2)Management accountants play the major role in constructing organisations budgets and accordingly the performance reporting role is often seen by management accountants as the most important role of budgets. Critically evaluate this statement with reference to other potential purposes of budgets in organisations. 3)Budgets have various roles in organisations and accordingly some roles are seen as more important than others. Outline the roles of budgets in organisations and critically evaluate why managers would think some roles of budgets are more important than others. As a starting point you could refer to: ? Arnold, MC & Gillenkirch, RM 2015, Using negotiated budgets for planning and performance evaluation: An experimental study, Accounting, Organizations and Society, vol. 43, pp. 116. ? Fisher, JG, Maines, LA, Peffer, SA, & Sprinkle, GB 2002, Using budgets for performance evaluation: Effects of resource allocation and horizontal information asymmetry on budget proposals, budget slack, and performance, The Accounting Review, vol 77, pp. 847865. The answer should be based on the development, implementation, use and assessment of budgets within organisations
Outline the roles of budgets in organisations and critically evaluate why managers would think some roles of budgets are more important than others
August 8th, 2017 admin