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I was solving the revision kit for budgeting, when I came across numerical mcqs for rolling budgets, as well as long section C questions.
I’ve only found a brief explanation of Rolling Budgets in the lecture videos, where they’re briefly explained on what they are, and a few advantages.
Are the lectures on the actual preparation of rolling budgets, their numerical side, missing? If not then please provide the link to these lectures.With rolling budgets we keep rewriting the budget (which might be every month or every three months or whatever – there is no rule), for the 12 months from the time of rewriting. We adjust the figures in the existing budget if necessary and add a further period so as to make it 12 months.
Calculation questions involving the preparation of rolling budgets was not very common in the exam, but can certainly be asked. We will update the videos soon.
I assume that you will have a Revision Kit from one of the ACCA Approved Publishers, in which case you will have a few examples to practice on and learn from.
There is a brilliant article on the ACCA website as well.
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