| you are: Monitoring systems and monitoring procedures
At the further analysis it is necessary to organise certain job on correction of the developed situation: to raise a sales volume (without reduction of prices) and to take under the control a certain overhead charge;
If it is possible, to receive economy under certain articles of expenses or to establish rigid observance of the estimate while position will not improve. In it the sense of the budget control also consists: if not to maintain budget restrictions under expenses and not to make all efforts, to execute the planned purposes on sales then it be no point to make estimates. At the same time it is necessary to notice, that budget restrictions should have certain flexibility with sufficient degree of excess of restrictions if for this purpose there is a proved reason.
Flexible forecasting should react to continuously varying working conditions of the enterprise. The estimate established before the beginning of year, can essentially become outdated after six months, especially at unexpected change of plans. Estimates should not be created as a certain rigid design. If the enterprise is compelled to make any change to plans, then process of creation of the adequate estimate should appear flexible enough to create absolutely other set of sizes based on new conditions. The problem of the manager - to watch closely these changes.
Though the analysis of estimates is used basically as means of monitoring and the control in the enterprise, it has one more important application. As a source, the information on the enterprise can use this analysis for informing of other directors, top managers and the personnel on changes and as in everyone their these groups are available useful ideas concerning resolution of problems, their participation in the analysis will help to find new approaches and will promote rallying of labour collective. But here it is necessary to show known care. If the enterprise works badly without any visible reasons there is a risk, that the people who do not have experience of interpretation of the financial information, will come to are incorrect to the conclusions. It can have bad influence on a moral status of the personnel. And, at last, the document with the budget/actual information can be used for informing on a course of affairs of the bank manager that will improve communication with bank and will help in further at the coordination overdrafta.
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