budgetary accounting


A forward looking type of accounting that is contrary to financial accounting. This type of accounting will measure the planned acquisitions and the use of economic resources in the future.

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You should try and use a budgetary accounting method that will help you to know where you stand at all times.

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Our company CEO insisted that despite the current financial crisis our company faced, his review of budgetary accounting showed that we would do well going forward.

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budgetary accountability budgetary control