Die Gebruik van 'n Handleiding by Kapitaalinvesteringsbegrotings

Abstract

The writer states that many companies with effective profit planning and control systems do not make use of manuals. In spite of this it should be noticed that the advantages of written instructions compensate for the disadvantages regarding time and effort. This is also applicable to the capital budget.

In order to compose a manual for capital budgeting purposes, the capital budget has to be divided into sub-activities. In this article these sub-activities are identified and broad guiding lines regarding procedures, responsibilities, time aspects, etc. for each sub-activity are discussed.