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Anyone can suggest a good article to read or question on this area?
I found limited knowledge on this topic.
And also, what type of question can be examined on this topic?Thanks
I could suggest you to refer to Hope and Fraser’s work, if time still permits.
Beyond budgeting could be tested in such a way in which the case shows that current, traditional budget has deficiencies to the company at hand (ie. staff empowerment, poor customer orientation, lack of awareness to external environment, creation of value-adding).
You would then discuss the merits and critiques of beyond budgeting.
https://www.bbrt.org/bb-briefing/files/Beyond-Budgeting-6.pdf
Have a look also at Q2 (“The Rubber Group”) from June 2008 P5 ACCA exam.
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acca webside has also published an article on beyond budgeting you can refere to it
Yes they still do. A lot of people assumes beyond budgeting = no budget, which is not true.
It’s more about creating a culture of using the budget for better management empowerment and incorporating other models like benchmarking for continuous improvement, instead of punishing managers for not meeting traditional budgets which are unreasonable and use unclear assumptions.
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