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Rolling budgets

draiellesdraielles5y ago
Hello Sir, I hope you're safe and doing good! Could you please explain the following disadvantages of rolling budgets to me? Issues with version control, as each month the full year numbers will change Confusion in meetings as to each numbers the business is working towards; this can distract from the key issues. as managers discuss which numbers to achieve
John MoffatJohn MoffatTutor5y ago#1
The first one is there is a danger of managers looking at the wrong budget when they should be looking at the latest one. The second is that because the numbers keep changing managers get confused and spend too much time comparing number than actually making decisions.
draiellesdraielles5y ago#2
Thaaankkk youuuu!!
John MoffatJohn MoffatTutor5y ago#3
You are welcome :-)
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