The fundamental principles are indispensable for budgeting. Governance is deficient without comprehensiveness, and unviable without balance in revenue and expenditure. While the era may vary and the mission of budgeting may evolve, comprehensiveness and balance should always be sought after whether the goal is managing risks, enhancing performance, or executing plans.

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The Principles of Budgeting

  • Yannan Gou

摘要

The fundamental principles are indispensable for budgeting. Governance is deficient without comprehensiveness, and unviable without balance in revenue and expenditure. While the era may vary and the mission of budgeting may evolve, comprehensiveness and balance should always be sought after whether the goal is managing risks, enhancing performance, or executing plans.