Introduction To Management
A Road of Discovery
Otmar B. A
Key Learning Objectives
Differentiate between financial
accounting and cost accounting.
Explain management accounting.
Relevant Cost and Revenue
Explain relevant costs and revenue
Identify relevant costs and revenue
Explain importance of relevant
The provision of relevant info
Otmar B. A
Budget is a very popular term to many people
both in business and governmental organisations.
It has been widely popularized by government
through its annual budget pronouncements.
Otmar B. A.
standard costing and variance analysis - By Otmar B.A.
is a method of cost control
that includes a measure of actual
performance and a measure of the
The following partecipated in preparing this document (April 2003):
Alberto Bubbio (Cattaneo Castellanza University)
BORSA ITALIANA (Luca Lombardo, Luca Peyrano)
DELOITTE&TOUCHE ITALIA S.p.A. (Gianmario Cr
BUDGETING AND BUDGETARY CONTROL AS TOOLS
FOR ACCOUNTABILITY IN GOVERNMENT
(A CASE STUDY OF ENUGU STATE HOUSING
DEPARTMENT OF ACCOUNTANCY,
FACULTY OF MANAGEMENT AND SOCIAL
Budgeting and Budgetary Control
Budgeting has come to be accepted as an efficient method of short-term planning and control. It is
employed, no doubt, in large business houses, but even the small businesses are using it at least in