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Earlier article describes the history/background and the various benefits of using/implementing zero based budgeting system. However,the following are some of the limitations or disadvantages of using zero-based budgeting:- A large volume of extra-paperwork will be created It can be costly and time-consuming process Management may not possess the necessary skills in decision analysis Managers [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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