Rolling budgets!!! Explanation
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
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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Comments
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Good definition, let's hope it comes up this morning! :thumbup:0
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