Budgeting Process Audit Work Program

The budgeting process is a systematic management tool to express future operational plans for the allocation of resources toward achieving strategic goals. Practically speaking, the budget is a vehicle for communicating plans throughout the organization in an orderly manner. The purpose of this sample work program is to evaluate the overall process for planning and completing budgeting, to determine the effectiveness of compliance with corporate policies and procedures, and to ensure that the budget process is operating as planned.