Evaluating the budget process

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Evaluating the budget process must begin with an organizational assessment. Only then can you effectively assess if funds are allocated towards fulfilling key organizational goals. Develop a paper that provides a basic background portfolio on a specific organizational department or a local governmental entity of your choice. Be sure to include the following information:

Mission and vision statements

Goals and objectives

All revenue sources

Charges and fees

Budget lines and fund accounting principles

Clients and groups, or as they are also called "stakeholders" and interest groups; and

Organizational charts of your selected department or governmental entity

Data may be collected through personal observations, employee handouts, government documents, non-government published materials, legislative hearings, and other official records. Conclude your paper with an evaluation of how your department or governmental body currently manages its budget within professional accounting and budgetary standards.

Reference no: EM132576869

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