Skip main navigation

Hurry, only 11 days left to get one year of Unlimited learning for £249.99 £174.99. New subscribers only. 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

Reach your personal and professional goals

Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.

Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.

Start Learning now