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In this SmartPass session, we explain one of the core areas of Performance Management (PM) — Budgeting. You’ll learn how budgets are used to plan for the future, control performance, and align management objectives — all while understanding their behavioural and strategic impact. Here’s what this episode covers: The purpose and types of budgets (fixed, flexed, incremental, zero-based, rolling) How to prepare and interpret functional and master budgets The link between budgets, control, and motivation Common behavioural and planning issues in budgeting systems Examiner tips for written and calculation-style questions 🎯 This session helps you understand budgeting as a management tool — not just a numerical exercise. Perfect for your commute, gym, or focused study sessions — clear, relevant, and examiner-aligned learning the SmartPass way. 🎧 Watch now and subscribe to SmartPass for more full-syllabus explanations, examiner insights, and ACCA-focused learning companions. 📚 Explore all SmartPass Kits and premium study materials: 👉 https://accasmartpass.gumroad.com/ 📲 Follow us on Instagram for new episodes, study tips, and updates: 👉 / acca.smart.pass #ACCA #PerformanceManagement #SmartPass #ACCAPM #Budgeting #ZeroBasedBudgeting #RollingBudgets #PerformancePlanning #SmartPodcast #StudySmart #ACCAExam #AccountingStudents