BOTTOM-UP/TOP-DOWN BUDGETING
BOTTOM-UP/TOP-DOWN BUDGETING

Summary/Abstract: For any organization, dealing with the budget is a great challenge. This article intend to present some aspects about two main type of budgeting: bottom-up and top-down, as they are used in many types of companies.From the beginning, there are said few words about these methods, that are described after the introduction,one by one. For every method of budgeting, are shown the main advantage and disadvantages that was also detailed. At the end, this paper said some words as a conclusion for these budgeting methods. In an ideal context, the best way of budgeting could be a flexible mixture between the top-down budgeting and bottom up process, for obtaining optimum results for the companies.

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