Skip main navigation

£199.99 £139.99 for one year of Unlimited learning. Offer ends on 28 February 2023 at 23:59 (UTC). T&Cs apply

Find out more

Information used in budgeting

Information is the starting point of the budget setting process. Watch this video to learn how information helps organisations with decision making

Information is the starting point of the budget setting process. As the Kaplan tutor explains in this video, a management accountant or manager can provide a wide range of information to help decision making in their company. He covers six of the key benefits of budgeting in the video:

  • decision making
  • planning
  • communication
  • coordination
  • targets and incentives
  • controls.
This article is from the free online

Introduction to Business Budgeting

Created by
FutureLearn - Learning For Life

Our purpose is to transform access to education.

We offer a diverse selection of courses from leading universities and cultural institutions from around the world. These are delivered one step at a time, and are accessible on mobile, tablet and desktop, so you can fit learning around your life.

We believe learning should be an enjoyable, social experience, so our courses offer the opportunity to discuss what you’re learning with others as you go, helping you make fresh discoveries and form new ideas.
You can unlock new opportunities with unlimited access to hundreds of online short courses for a year by subscribing to our Unlimited package. Build your knowledge with top universities and organisations.

Learn more about how FutureLearn is transforming access to education