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01. Forecast principles

01. Forecast principles

Owned by Amol Ghoddke
Last updated: Apr 17, 2023
1 min read

  • Bottomline surplus/deficit amount for Departmental Budget needs to align to the the approved Budget for the year

  • If the Forecast surplus/deficit for the year is expected to vary unfavourably from the approved Budget, the variation needs to be discussed and approved by the CFO.

  • Departments can also request a Capex Forecast through project template. The request will be subject to CFO review and approval