Draving Up a Budget Using The Activity Based Budgeting Methodology Through The Simulation Of Processes
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Activity Based Budgeting, Activity Based Costing, process analysis, quality management system, simulation
Abstract
This paper deals with a connection between financial and quality management systems. These departments only rarely cooperate on projects, which could be a loss, because this connection has many improvement opportunities. The author shows through the simple example of catering deliveries a possible procedure of how to reach a more realistic evaluation of production costs for each product and how to connect budgeting and process analysis.
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References
Kihn, L. A. (2011). “How Do Controllers and Managers Interpret Budget
Targets?”, Journal of Accounting & Organizational Change, Vol. 7, Issue 3,
pp. 212 - 236.
Partridge, M., Perren, L. (1998). “An integrated framework for activity-based decision making”, Management Decision, Vol. 36 Issue 9, pp. 580 –588
Popesko, B. (2009). Moderní metody řízení nákladů (Modern methods of cost control), 1st edition, Prague: Grada Publishing, a.s., p. 240, ISBN 978-80-247-2974-9
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