AAT Comment: What is the point of budgeting and forecasting?


An obvious question?  Maybe to finance!  But, often, not to the business.

I was inspired to write this one based off a conversation where an FD had been asked, "How can you expect me to predict the future?"

The short answer is, "I don't!", but I wrote an article for the AAT Comment site about how to communicate the point of the whole thing to the business.

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You can read it here: https://www.aatcomment.org.uk/audience/members/what-is-the-point-of-budgeting-and-forecasting/

There's plenty of interesting content that AAT put out, so have a sift while you're there!

 

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