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Accounting Best Practices, Fifth Edition by Steven M. Bragg Englewood, Colorado

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Budget Management

5–15Automatically link the budget to purchase orders
5–16Issue a budget procedure and timetable
5–17Preload budget line items
5–18Adopt two-stage capital budgeting
5–19Purchase budgeting and planning software
5–20Reduce the number of accounts
5–21Revise budgets on a quarterly basis
5–22Simplify the budget model
5–23Store budget information in a central database
5–24Use on-line budget updating
5–25Use video conferencing for budget updating

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