Rolling budgets!!! Explanation

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wolfe
wolfe Registered Posts: 121 Dedicated contributor 🦉
HI GUYS !! ive finally understood what rolling budgets ! about time. herez a small definition to help everyone


Rolling budget can be defined as: Budget or plan that is always available for a specified future period by adding a period ( month, quarter or year ) to the period that just ended. also called CONTINUOUS BUDGET

it's very useful for companies experiencing rapid change, as they require forecasting for much shorter time periods

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  • CathG
    CathG Registered Posts: 145 Dedicated contributor 🦉
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    Good definition, let's hope it comes up this morning! :thumbup:
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