ASBF draws up the budget, identifying the objectives that the company wants to achieve. The human and financial resources estimated to be necessary to achieve the target set are carefully considered in line with the logic of management by objectives (MBO).
ASBF assists the business in detecting compliance with indicators by means of periodic measurement and in choosing corrective actions aimed at bridging the gap between expected and actual results.
After the company has taken care of the transmission of information summaries, reports to responsibility centres and to senior management on the part of the management control body, ASBF will assist in evaluating the findings, suggesting appropriate improvement strategies. ASBF will assist the company in designing the reporting system in order to send properly compiled information to the competent figures at the right time. The budgeting & reporting system can be implemented in relation to and interaction with other planning, accounting, and reporting procedure computerisation systems.