This sample process flow focuses on the budgeting process. The budgeting process focuses on developing corporate strategy, creating an annual budget, approving the annual budget, and monitoring budget-to-actual results. Also included are performance measures related to the budgeting process.
This document can be used as a general guide to understand and review the process. Organizations should continuously update and monitor the processes included in this document to ensure that it reflects business operations. Also included in this document is a sample organization chart to depict your company’s organization structure.