21 11月 论文代写：管理会计
It is the responsibility of human resource department to take measures that ensure retention of capable employees and hiring of new employees. In order to ensure the objectives of human resource control specific funds are required. Budgetary control system recognizes the importance of human resource department and thus funds are allocated to it too (Nouri & Parker, 1998). After having the funds allocated it is also important to keep an eye on these funds are spent by the department. It should also be ensured that these funds are spent in a wise way that maximizes the profitability of the firm. Training and development assessments, disciplinary program observations and performance appraisals are prepared by the department in a way that these ensure the success of budgetary control measures.
It is also very important to make the information confidential whenever it is required not to disclose the information. In order to use the information in an effective way it must not be leaked because leakage of information contributes to decrease its worth. Competitive strategies only remain effective when they are not disclosed before time (Merchant, 1985). Budgetary control is also related to information control because increase level of control helps the department to effectively maintain its progress.
Management of profit is very necessary because any organization cannot sustain variances existing in profitability in long run. Whenever, the actual rate of return on a business is less than the expected rate of return, and then measures are taken to increase the profitability of business. In order to avoid the situation of decline in profitability it is necessary to control the budget. If the budget that a company has is not managed properly then it will surely contribute in the profitability decline. Once profitability starts declining then it requires more expensive and complex efforts to correct it (Kenis, 1979). Therefore the rational way is to control budget in time by properly implementing techniques of budgetary control.