Budgeting: Every Finance Manager's Headache

Every year-end, all companies do their budgeting for the coming year. This means, actual expenses as of the cut-off date are collated, evaluated and then a budget for the following year is drawn from the proposed projects and actual operating expenses as assessed previously.

It just so happened that our company first gives all department heads to "propose" their own budgets. But then, these are subject to checking and revising and correcting, of course, by the Corporate Officers, before it gets approved.

So how come I'm writing these down? Because I'm irked. Annoyed. Irritated. That some of the department heads think that once they have proposed something, it becomes law. Hello?! What's so hard to understand that we still have to go through the checking process and the approval? Our budget cannot be approved if it didn't pass the qualifications or limits set by the authorized "approvers" - who in this case is the Corporate Finance Officer. How come you all sound so irritated that your proposed budget went down? Tell me, would you rather have the same budget as last year because we didn't budge and accepted the limits set by Management? Or will you be willing to accept the new proposed budget and stop blaming me because the figures you're seeing now are significantly lower than what you proposed beforehand?

I know. It's law that everyone should hate the Finance Manager. But hey, is this YOUR money we're talking about? Isn't this the company's? Isn't this the owners' money you're planning to spend relentlessly?

Gimme a friggin' break...

Annoying Giggling so Early in the Morning

Until now I still don't understand why this 160+-pound guy was so amused by "news" that a certain mayor is linked to Shalani Soledad and allegedly pointed as third-party to Shalani and PNoy's break-up.

A 160-plus-pound guy. Giggling. And I meant GIGGLING, so early this morning, telling me out of nowhere that he read that in a newspaper somewhere. Do I look like I care?!

Hey Newbie, Be Warned.

To tell you honestly, you must be very careful. You're treading on thin ice here. I'm just quietly observing. So far, you're on your way to being the second person who didn't get past regularization in this department (probably even this whole company).

Seriously.

You applied for this job, you should at least show interest with what you're supposed to be doing. Auditing doesn't mean you just email people and wait for their replies. You have to get on your feet and go to your auditees, interview them, look at their facial reactions, dig for the documents if you have to. Don't just sit there and warm your office chair. You're not being paid to act as if you're the boss. Just waiting to get instructed and waiting for more. You're not supposed to ask me what you should out in your report because you were supposed to be the who was auditing, right? All the resources are available, you have soft copies, you can borrow the printed forms, you can interview, you can photocopy.. You just have to get your lazy as*s off that friggin' chair and start BEING the auditor you told us you can be during your dang interview!!!