Difference between budgetary and non budgetary control
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Generally non-budgetary control devices are a number of techniques to control the activity of organization on other parameters than just budget alone. For example, internal audits and stats analysis are quite common instances of non-budgetary control.Budgetary control shows you numbers and their dynamics.
Non-budgetary control helps you to understand the reason of all that.
Non-budgetary control helps you to understand the reason of all that.
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The difference between budgetary and non budgetary control is that the budgetary control refers to the control on the financial statement prepared for a period of time. The non budgetary control refer to the various methods of managerial statistics, break-even analysis, internal audit, cost accounting and more.
Explanation:
- The budgetary control is done assessing the the future needs of an organization and it is arranged in a systematic manner covering the activities of an enterprise for a definite period of time.
- The budget are prepared in regards to the planning and controlling of all aspects of production and selling of commodities or services.
- The non budgetary control is keeping a control on the non-budgeted expenses which are not covered in the general budget expenses
To know more about budget
Difference between budget , budgeting and budgeting control
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