Financial Planning and Analysis

This chapter discusses financial planning and analysis. The process checklists are to be reviewed to ensure that all business units, functional departments, and operational business activities have submitted budget input. Account classification and budget reports are consistent with other financial statements and reports. Business unit input to financial planning and analysis are to be reviewed to ensure that the business unit manager and the financial controller have reviewed and approved the input prior to submission. Within the budgeting application, system control totals are used to ensure complete and accurate processing of budgeting input.