Challenges in preparing Budgets?

Question added by Mohammed Fazlu Faiz , Revenue (Financial) Analyst , Cinnamon Grand (John Keells Holdings PLC Group)
Date Posted: 2014/02/21

Upvote (1) Views (5) Followers (2) Answers (1) Report Question

by Kashif Sherazi , Divisional Finance Manager , Almarai

Hi Freinds

The Bigest Challange in making a budget is the availability of actual Data.

I would say the First Year budget for any New company is the Most Challanging one.

A good forecasting is key to a good budget . ( for New Companies I will recomend Zero Base Budgeting )

Thanks

Kashif Sherazi

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