The secret of all victory lies in the organization of the non-obvious.
—Marcus Aurelius, Roman Emperor, 121–180 AD
After completing this chapter, you will be able to accomplish the following toward the budget process:
1.Conduct an organizational structure integrity review for ensuring that the fundamentals of the business underlying the budget come under review for determining the budget costs associated with them for their improvement and performance.
2.Identify resources and risks management issues and the necessary applications for internal controls and safeguards for considering their costs.
Conducting an Organizational Review
The first item on the agenda is business organization. In planning the ...