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What is the meaning of Budgeting?

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Question added by Mohamed Radwan , Group Finance and Accounting Manager , Al Mekhlafi Group
Date Posted: 2016/03/15
imran ayub
by imran ayub , Finance Manager , Vision Concept Aviation Training Institute (Regent Group)

Budget is actually an estimate of income & expenditure for a set period of time. it's a decision planning tool that gives you a clear image and basis for your decision making. it can cover any period of time can be monthly yearly or quarterly. 

Rameez Khalid
by Rameez Khalid , Senior Accountant , Leverify LLC

Budgeting is calculating the expected income and expenditure.

Diyaa Hani Rashid Al-khedair
by Diyaa Hani Rashid Al-khedair , Budget Analyst , General Budget Department

Thanks for the ivitation .....

budgeting is a quantitative expression of a plan for a defined period of time. It may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. It expresses strategic plans of business units, organizations, activities or events in measurable terms

Amr Ahmed Mostafa Ahmed
by Amr Ahmed Mostafa Ahmed , محاسب , شركة كيو اس بى للانتاج الفنى

Is to prepare for the expenses of a project will be implemented by the company and is based upon exchange on each item of the      project within the limits of the amount specified in the budget to get the project estimated to cost him                                                                                                               

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