⟩ What is Budget Manual?
Budget Manual is a document which standardized methods and procedures required in relation to budgetary control. It also sets out the responsibility of persons engaged in the process. A budget manual should contain the following particulars:
Principles and objectives of the budgetary control:
-Duties and responsibilities of the various executives
-Organisation chart
-Duties of budget office and budget committee
-Accounts codes and budget centre codes
-Budget diagrams