There is no denying that spreadsheets have become critical for all operational processes including financial reporting, budgeting, forecasting, and analysis. Microsoft  Excel has essentially become a scratch pad and a data browser that can quickly be put to use for information gathering and decision-making. However, there is little control in how data comes into Excel, and how it gets updated....

This paper examines the relationship between the use of a fair budgeting process and subordinate performance. Organizational justice theory is used to de®ne a fair budgeting process as having two components: the subordinate's involvement in the budgeting process, voice; and the communication of a rationale for the subordinate's lack of in ̄uence over the ®nal budget target the superior sets, exp...

Our objective in this paper is to develop a decision-making model to assist decision-makers and researchers in understanding the effect of multiple criteria decision-making on a capital budgeting investment. This decision-making model helps decision-makers with reducing decision-making time and choosing a suitable decision alternative for a capital budgeting investment within the companies’ goa...

The ultimate goal of financial management in a dental school is to accumulate assets that are available for strategic growth, which is a parallel objective to the profit motive in business. Budget development is often grounded in an income statement framework where the goal is to match revenues and expenses. Only when a balance sheet perspective (assets = liabilities + equity) is adopted can st...

This paper investigates the relationship between enterprise resource planning (ERP) systems and budgeting to address the limited impact of ERP systems on management accounting. Budgeting is considered as a social phenomenon which requires flexibility for decision-making and integration for management controls. The analysis at the activity level, guided by the concept of ‘conflict’ in structurat...

Survival for any organism, including people, is a matter of resource management. To ensure survival, people necessarily budget their resources. Spatial perceptions contribute to resource budgeting by scaling the environment to an individual's available resources. Effective budgeting requires setting a balance of income and expenditures around some baseline value. For social resources, this base...

Service-oriented architecture (SOA) is a system paradigm that structures business functions as loosely coupled services to enable business agility. SOA requires significant up-front investments, and in return, promises a vast array of benefits. Unfortunately, in contrast to the costs of the investment, monetary benefits associated with SOA are more difficult to measure. For one reason, benefits...

Green budgeting refers to the use of budgetary policy-making tools progress climate and environmental objectives. This includes integrating evaluating impact fiscal policies considering path towards national international commitments. is defined by four building blocks that are relevant all stages budget cycle: (1) institutional arrangements; (2) methods tools; (3) accountability transparency; ...