Budgeting Coursework Essay Example | Topics and Well Written Essays - 2000 words

Budgeting Coursework - Essay Example The second difference is that the first three stages entail the writing of the budgeting while the last three stages have to do with implementation. Being the writing stages, the first three steps encounter concrete discussion and contradiction among the involved stakeholders. There is a lot of debate at this stage due to its impact on the entire process. This is different from the last three stages which do not require a lot of debate. Professionals in the implementation stage are expected to meet the prerequisite of the budget with limited need for debate. They are not supposed to make any amendment to the budget unless advised. Their ideas that professionals are only expected to meet the expectation of the budget makes the second stage more technical than the first stage. This is contrary to the first section where the players have to ensure the desires of the public are met. The third difference is that the first three stages and most specifically the second and third stages invo lve the budget policy-making process. The fourth stage has to do with the implementation of the agreed policies. Policymaking process requires the politician who represents a definite section of the population. Implementation of the policy requires competent experts who are knowledgeable enough to put into practice the formulated policies. In the political section, the public is involved either through their representative in the legislature or through the media. The interest of the public is addressed during the first three stages.... Being the writing stages, the first three steps encounter concrete discussion and contradiction among the involved stakeholders. There is a lot of debate in this stage due to its impact on the entire process. This is different from the last three stages which do not require a lot of debate. Professionals in the implementation stage are expected to meet the prerequisite of the budget with limited need for debate. They are not supposed to make any amendment to the budget unless advised2. There ideas that professionals are only expected to meet the expectation of the budget makes the second stage more technical than the first stage. This is contrary to the first section where the players have to ensure the desires of the public are met. The third difference is that, the first three stages and most specifically the second and third stages involve budget policy making process. The fourth stage has to do with the implementation of the agreed policies. Policy making process requires politic ian who represent a definite section of the population. Implementation of the policy requires competent experts who are knowledgeable enough to put into practice the formulated policies. In the political section, the public are involved either through their representative in the legislature or through the media. The interest of the public are addressed during the first three stages. Implementation stages involve the experts only. Public members are passive participant in this level. On the other hand, public involvement is not pertinent. Technicians have the biggest role in the last two stages. Why the differences exist All the stages are very imperative in the budget process. One stage cannot be