Summary: | Information technologies (IT) have drastically transformed many business activities in
the past 30 years. Among the numerous business activities in organizations, the budget
preparation process plays a very important role. Although there are many developed systems
available to automate certain aspects of the budgeting process, there is much more that can
be done. This thesis studies the budgeting process and certain behavioral factors involved in
the preparation of the budget. Knowing the complications inherent in budgeting, effort has
been directed towards automating the mechanistic portion of the process; narrowing down
the differences; and identifying the sources of discrepancy by using a computer-based
system.
Based on an algorithm derived from a manually solved budgeting case, the
requirements of automation were studied, a computer based system was developed and
tested. In addition, directions for future studies are suggested in this thesis. === Business, Sauder School of === Graduate
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