Accounting for Managers in Capital Budgeting Accounting isn’t as important in the government organisations as it is in private enterprises, since the government does not have to worry about earning a profit. Do you agree. Published by: https://expertassignmenthelp.com/ Filename: 1SAMPLE16C13-IT-Accounting-for-Managers-in-Capital-Budgeting.PDF For more free samples visit: https://expertassignmenthelp.com/finance-and-accounting- assignment-help/ Uploaded: Dec 01, 2016 Enjoy Abstract A financial budget provides an approximate forecast with respect to the financial results that a company looks to obtain in the future. The budget can be made on a monthly, quarterly or an annual basis. A budget, which has been calculated, is thoroughly checked at the end of a particular period in order to understand the various issues associated with the financial results. The actual results that are obtained during the operations of the company during that time period, then compares to the budget, which was forecasted, and the actions are taken accordingly with respect to the actual results obtained. As a result, the company understands the various issues within the different departments and acts accordingly.