Varje företag har sitt eget sätt att ta fram sin budget. Controllern har ofta en central roll vid budgetarbetet och ser till att budgeten sammanfaller efter de mål som företaget satt upp. Företag använder sig av olika IT-system i sina verksamheter och dessa kan vara till hjälp vid framtagningen av budgeten. Syftet med denna studie är att studera hur företag framställer sin budget ur controllerns synvinkel. Vi kommer även att se hur IT-system kan stödja controllern och medarbetarnas verksamhet. För att få en djupare förståelse av ämnet har vi valt att genomföra en kvalitativ studie med en abduktiv ansats. I vår teoretiska referensram sker en genomgång av studiens centrala begrepp, controllern, budgeten, informationssystemet samt ERP-systemet. Vi har genomfört tre besöksintervjuer för att studera hur dessa genomför sin budgetprocess och hur IT-systemen kan vara till stöd. Varje intervju spelades in och gjordes på respondentens arbetsplats. Resultatet av denna studie visar att företag arbetar på likartade sätt i budgetprocessen genom en iterativmetod. Företag använder IT-systemen för att finna historiken från tidigare år samt för att skapa budgeten. De tar hjälp från analysverktyg som Excel och skapar revideringar av budgeten genom prognoser.

In this paper, we concentrate on computing several critical budgets for interdiction of the multicommodity network flows, and studying the interdiction effects of the changes on budget. More specifically, we first propose general interdiction models of the multicommodity flow problem, with consideration of both node and arc removals and decrease of their capacities. Then, to perform the vulnerability analysis of networks, we define the function F(R) as the minimum amount of unsatisfied demands in the resulted network after worst-case interdiction with budget R. Specifically, we study the properties of function F(R), and find the critical budget values, such as , the largest value under which all demands can still be satisfied in the resulted network even under the worst-case interdiction, and , the least value under which the worst-case interdiction can make none of the demands be satisfied. We prove that the critical budget for completely destroying the network is not related to arc or node capacities, and supply or demand amounts, but it is related to the network topology, the sets of source and destination nodes, and interdiction costs on each node and arc. We also observe that the critical budget is related to all of these parameters of the network. Additionally, we present formulations to estimate both and . For the effects of budget increasing, we present the conditions under which there would be extra capabilities to interdict more arcs or nodes with increased budget, and also under which the increased budget has no effects for the interdictor. To verify these results and conclusions, numerical experiments on 12 networks with different numbers of commodities are performed.

As interest grows in mitigating atmospheric carbon dioxide (CO2) concentrations, there is an increasing need to understand the factors that determine fluxes of carbon (C) to and from the atmosphere. This project quantifies the natural and anthropogenic sources and sinks of atmospheric CO2 on a county scale. In collaboration with the Hubbard Brook Research Foundation's (HBRF's) Sciencelinks Carbon Group, a net C budget for Chittenden County, Vermont has been created, with key C sources and sinks categorized in terms of land use. The primary goal of the budget is to provide up-to-date and accurate decisionmaking information to planners and policy-makers in the county, allowing the most tangible benefits to be gained from mitigation efforts. This project creates and tests a methodology that is easily replicable in any county in the United States. This methodology will facilitate the process of developing county-level C balance data beyond Vermont and the Northeast. This study suggests that Chittenden County is a net sink for C; 1.12 Tg C accumulate per year in the county's biomass and soils while 0.418 Tg C are emitted each year through anthropogenic activity within the county. C emitted in the manufacture of imported products is not considered. This work contributes to a larger ongoing study by the HBRF which compares C emissions and sequestration among seven counties representing different patterns of land use.

John Smith is the superintendent of Green Hill Public Schools. This case study follows John through the whole budget process from July 2011 to July 2012. An interpretative perspective was used to tell his story. Ten interviews were given from October 2011 to July 2012. Newspaper articles and the minutes from meetings were analyzed and used as discussion items in the interview questions. This study was an analysis of how he made his budget decisions in a time of fiscal constraint and the role values played in the budget decision making. The budget year started out normal with John doing an analysis of the 2011/2012 budget during the month of July. A hurricane hit in August and it delayed the school year. The Governor’s budget was released in December and it caused the school division to scramble to figure how to cover the VRS and health insurance increase which amounted to $1.8 million. The budget from the General Assembly was delayed until April it confirmed that the VRS increase was to be implemented. The school division looked to the Board of Supervisors to fund $1.8 million. The Board of Supervisors claimed they did not have the money so a tense negotiation occurred. The school division ended up receiving $1.277 million from the Board of Supervisors. This study looked at the decision making process of the superintendent during a time of fiscal constraint. John had a budget team that he worked with that help him with this decision making. John had to display flexibility throughout the budget as unexpected expenses occurred during the process and deadlines were not followed. Values were used by John during his decision making. The first value was his compliance with the rules. He believed that the Standards of Quality dictated his decision making. The second value was keeping the quality of education high. John valued protecting the quality of education for the students. The third value was relationships and trust. This budget process was tense and many relationships were damaged during the process. The final value was transparency. John believed in a budget process that was open so the public could see what was going on.

Every branch of law and all system of law is based on certain principles which came into existence by repeated utilization over the years and attested in practises. These principles should affect the existent branch of law and should be followed to be understood well, with the inclusion of thein regularities. However, how do these principles work in such a narrow area such as budget law as a sub-branch of financial law? Which principles do control over budget law and is it possible to find them in existent legal enactments? The thesis entitled Budget Principles in Valid Legal Regulations tries to answer these questions. At the same time the author assumes that by acquiring knowledge of particular budget principles is much easier to get in problems of budget law and of particular stages of budget process - setting of public budgets, budgetary procedure, implementation of budget and also budgetary control. Regarding to the fact that budget principles valid in legal order of the Czech Republic cannot be found completaly modified in any of the valid legal enactment, the main aim of this thesis is to find emergence of these principles or their parts in the legal system of the Czech Republic. However, the situation in the legal system of the European Union is different. Budget principles are there...

There is an ongoing discussion about trusts significance and role in the reliance on accounting performance measures (RAPM) field and organizational behavior. This knowledge gap has led to opposite findings but still many researchers give recognition to the concept that trust may be crucial and significant in management control. Considering previous research a continuation is necessary and since it seems that the researchers have come to an impasse, it is time to include different variables that can help to explain the variation in the relationship. The main purpose of this study is to challenge the research gap and change the dependent variable; instead of behavioral outcome this study investigates performance. Is it possible that mutual trust, high budget participation and empowerment together have an impact on organizational performance? If so, is it possible that these variables together can lower the information asymmetry and increase performance? A qualitative research method is used to investigate these questions in form of a critical incident survey and semi structured interviews. To test if there is any connection or correlation between the variables a supportive correlation analysis is conducted in the program SPSS. The results have shown that there is a connection and correlation between the variables trust, budget participation and empowerment. When these variables function together it is possible to see a greater organizational performance. When there is mutual trust and high budget participation there is more willingness to disclose information directly. This study has contributed to the current knowledge gap and provided new theoretical and empirical insight. Keywords: Trust, budget participation, empowerment, information asymmetry, organizational performance.

D.Com. (Economics) / Successful forecasting and a understanding of the forecast. study is to develop and propose a South African Airways which will the Working Budget. To do this the must be evaluated, extended and to satisfy the needs of the airline of this model for to project methodology where necessary The purpose forecasting enable it existing changed industry. Information on budgets in general, the definition and purpose thereof, as well as the use of the budget as a tool for management was readily available. Similarly information on forecasting and forecasting models could be found, but no pUblished research indicating a method or model for the forecasting of the Working Budget in South African Airways was available, nor was any evidence found of the use of a more sophisticated model other than forecasting a budget based on historical tendencies. In chapter one the purpose of the study is defined followed by a short description of the contents of each chapter. Chapter two underlines the importance of the managerial functions in a company. The level of management will determine the degree of the functions to be performed, whether it be planning, organising, directing, activating or controlling. Management tools are available to ease the task, and one of these tools are budgets, which could be regarded as the most important tool. Chapter three and four contain an expanded review of budgets and budgeting. Whilst the basic principle of budgeting remains applicable to all types and sizes of business, the methods and application could vary. A matter to be settled ab initio is the period that the budget parts : part one and part two the information can be should cover. Three time periods may be drawn : a yearly budget; five-year plan; or a long-term plan. The main categories of budgets are then detailed, namely the sales, purchasing and financial budgets. Chapter four continues with a description of historical data flow, and how the data flow will influence the model to be used. Finally the South African Airways budget system, which is divided into a Capital and Working Budget, is described.

The elaborated diploma thesis is concerned with questions of budgetary control of municipalities. The first part is dedicated to characteristics and main features of municipalities on the theoretical basis. The second, practical part represents concrete town Marianske Lazne. I have described earnings and expenses of the year 2009 in detail and have given reasons for the related facts.

Faculty of Science School of Animal ,Plant and Enviromental Sciences 9707660j McConnachie@ukzn.ac.za / Characteristics comprising an energy budget of Pseudocordylus melanotus melanotus were investigated in terms of limiting factors for the lizard’s distribution, and included measures of thermal biology, metabolism and digestive physiology. Pseudocordylus m. melanotus is rupicolous, is limited to the temperate parts of southern Africa and exhibits adaptations to these environments. The distribution of the lizard was modelled using two different climate envelope modelling techniques, which are discussed in terms of the energy budget and factors limiting the distribution of the lizard. Pseudocordylus m. melanotus exhibits wide thermal tolerances. It can withstand body temperatures (Tb) below freezing, but freezing of body water, which occurs at ca. -5 ºC, is lethal. The lower critical minimum temperature was a surprisingly high measure for an apparently cold-adapted lizard. In the laboratory, the selected body temperature (Tsel) was ca. 30 ºC. In the wild, lizards thermoregulate by shuttling between hot and cold microclimates, modifying body postures and regulating activity times, and select Tbs of ca. 29 ºC in summer and ca. 26 ºC in winter. Energy expenditure was measured over a range of temperatures. MR increases significantly with increasing temperature. Body mass and metabolic rate (MR) were significantly related at 30 ºC only. The lack of significance at other temperatures can be ascribed to the small range of body mass over which measures were made. Energy gain in P. m. melanotus was quantified in terms of prey capture rates and by measuring aspects of digestive physiology. Prey capture attempts were 35 % successful and occurred ca. every 2 h 30 min in the field. Lizards consumed a variety of arthropods, but mainly ate beetles. Digestive rate and appetite increased significantly with increasing temperature. Apparent digestive efficiency (ca. 94 %) and apparent assimilation efficiency (ca. 87.2 %) were not affected by temperature. iii Two energy budgets were calculated; one based mainly on laboratory measures and the other based on the thermal profile of lizard body temperature measured in the field. The laboratory energy budget was approximately half that of the field energy budget. The field energy budget, however, provided a more realistic view of energy expenditure since it covered almost the entire thermal range experienced by lizards. Between 592.53 kJ (field energy budget) and 940.06 kJ (laboratory energy budget) per year is required for a standard 30 g P. m. melanotus to remain in energy balance. This means that lizards need to consume between 73.55 and 116.69 g of mealworms per year, which equates to ca. 740 to 1200 average mealworms. Any energy gained over and above these requirements can be allocated to growth, reproduction and storage. In terms of the lizard’s distribution, it will be excluded from areas where the available thermal environment and prey abundance do not allow the lizard to maintain a positive energy balance. The lizard is apparently at the cold limit of its range, so predicted climate change in southern Africa is unlikely to have a significant effect on the distribution of the lizard. Suitable crevices are essential to the lizard’s survival, particularly during periods of extreme cold when lizards may experience Tbs where they are incapacitated, or effectively ‘comatose’, while in retreats.

This thesis examines the effects of budget deficits on the current account imbalance and inflation in African countries. The aims of this thesis are; first, to use higher frequency data. Most studies in African countries use annual data; by contrast we use quarterly data. Second, to examine the dynamic interaction between fiscal deficits and current account imbalances using VAR models. Third, to explore the long-run relationship between the twin deficits, using the autoregressive distributed lag (ARDL) of Pesaran, Shin and Smith (2001). Fourth, to assess the long-run relationship between the twin deficits using the threshold autoregressive models of Hansen and Seo (2002). Fifth, to model inflation as being non-linearly related to fiscal deficits using the asymmetric cointegration approach of Enders and Siklos (2001). The second chapter discusses the theoretical framework and review of the empirical literature on twin deficits and fiscal deficits and inflation. We find much evidence in support of the twin deficits hypothesis that increase in government deficits leads to increase in the current account deficits. There is little empirical study on the Ricardian equivalence hypothesis. From the twin deficits literature, we observe that where the twin deficits hypothesis holds there is a high degree of openness and also countries operates a flexible exchange rate. The empirical literature on fiscal deficits and inflation suggests that fiscal deficits are inflationary in high inflation economies and developing countries, but not in low inflation and developed countries. The third chapter examines the time series properties of the series using the Augmented Dickey-Fuller test, the Phillip-Perron test and the Lee and Strazicich (2003) two-break unit root test. Results for the unit root test reveals that majority of the series are significant in their first differences. By contrast applying the LM two structural break test shows that the majority of the series are significant around two structural breaks. The fourth chapter analyses the twin deficits hypothesis using a VAR model. Results show that a positive government deficit shock increases the current account deficit in Botswana, Egypt, Ethiopia, Ghana, Morocco, South Africa and Tanzania while the current account improves in response to a positive government deficit shock in Cameroon and Uganda. Also in response to a positive government deficit shock, the current account remains constant in Kenya, Nigeria and Tunisia. The fifth chapter examine the long run relationship between the twin deficits hypothesis accounting for structural breaks using the Autoregressive Distributed Lags (ARDL) model. Results show that the fiscal deficit in the twelve African countries has long run impact on the current account deficit. The sixth chapter examines the relationship between fiscal deficit and current account deficit using the bi-variate threshold cointegration model of Hansen and Seo (2002) for nine countries where the fiscal deficits and current account deficits were significant at first differences. We find evidence of a positive cointegrating relationship between the current account and the fiscal balances for Botswana, Cameroon, Egypt, Morocco, Nigeria and Tanzania; and a negative cointegrating relationship in Ethiopia, Kenya and Uganda. The seventh chapter examines the long-run relationship between fiscal deficits and inflation in eleven African countries using the TAR and M-TAR models of Enders and Siklos (2001). Results show that fiscal deficits and inflation are asymmetry in Botswana, Egypt, Ethiopia, Ghana, Kenya, Morocco and Tanzania. This thesis centres on the twin deficits and fiscal deficits and inflation in African countries. Conclusions from the empirical chapters indicate that large fiscal deficits is the cause of current account deficits, and that fiscal deficits are inflationary. This study further suggests that African countries should spend their resources on projects that will accelerate the level of growth and development.