budjetinvalvonta
Budjetinvalvonta, or budget monitoring, is a crucial financial management process that involves tracking actual income and expenditures against a planned budget. It allows organizations and individuals to assess their financial performance, identify deviations from the budget, and take corrective actions as needed. This process typically begins with the establishment of a comprehensive budget, which serves as a financial roadmap. Throughout the budget period, actual financial data is regularly collected and compared to the budgeted figures.
The primary goal of budjetinvalvonta is to ensure that financial resources are used efficiently and effectively,
Effective budjetinvalvonta provides valuable insights for decision-making. It helps identify areas where spending may be excessive