BIRLA COLLEGE OF ARTS, SCIENCE, & COMMERCE, KALYAN

(Conducted by Kalyan Citizens Education Society)

(Affiliated by University of Mumbai)

Project Name: The Concept of Budgetary Control

Course: Advanced Cost Accounting
Submitted to: C.D. Phadke
Submitted by: Ms. Ashwini Ramesh Egade
Class: M.Com Part 1, Roll No. 60
University of Mumbai
2013-2014.

BIRLA COLLEGE OF ARTS, SCIENCE, & COMMERCE, KALYAN

(Conducted by Kalyan Citizens Education Society)
(Affiliated by University of Mumbai)

MASTERS OF COMMERCE
CERTIFICATE

This is to certify that Ms. Ashwini Ramesh Egade, Roll No. 60 has satisfactorily
carried out the project work on the topic The Concept of Budgetary Control, for
the M.Com Part 1, in the academic year 2013-2014.

Place:-Kalyan
Date:-________

________________

_______________

Signature of Examiner

M.Com Co-ordinator

ACKNOWLEDGEMENT
It gives me immense pleasure to present in front of you my project on
The Concept of Budgetary Control every aspect has been consider
while making this report to ensure a smooth flow of the project for better
understanding of the whole concept.

With this though I would like to sincerely thanks all the people who
helped me in every possible way during the period of my project.
Firstly I would like to express my sincere thanks and deep sense of
gratitude to Professor C.D. Phadke for being my guide and for his
suggestion, guidance and help in the project I would also like to thank all
teaching and non teaching staff and my friends for their help in
completion of the project.

Ashwini Ramesh Egade.

Project: The Concept of Budgetary Control

Name of Guide: Professor C.D. Phadke

TABLE OF CONTENTS

SR. NO.

PARTICULARS

PAGE NO.

1.

INTRODUCTION OF BUDGET

1-2

2.

CHARACTERISTICS OF A BUDGET

3.

OBJECTIVES OF BUDGETING

4.

PREPARATION OF BUDGET & BUDGETARY CONTROL

5-8

5.

THE CONCEPT OF BUDGETARY CONTROL

9-13

6.

OBJECTIVES OF BUDGETARY CONTROL SYSTEM

14

7.

ADVANTAGE & DISADVANTAGE OF BUDGETARY CONTROL

15

SYSTEM
8.

ORGANISATION FOR BUDGETARY CONTROL

16-17

9.

TYPES OF BUDGETS

18-19

10.

CONTROL RATIOS

20-21

11.

PERFORMANCE OF BUDGETING

12.

SOME IMPORTANT FUCTIONAL BUDGETS

23-31

13.

CAPITAL EXPENDITURE BUDGET

32-33

14.

ZERO BASE BUDGETING

34-37

15.

PERFORMANCE BUDGETING

38

16.

CONCLUSION

39

17.

REFERENCE

40

22