ForeCasTing luV BudGet

Bismillahirrahmanirrahim..

I have a sister who love to ask me lot of questions which force me to think before I give the answer to her. The questions make me realize the meaning of life and people around me.

One day, she told me something. A story that I will never forget. She created the story which was inspired from a poem to prevent me to get sleepy when she was studying at midnight. She just wants me to accompany her. The story goes like this:

The relationship between forecasting and budgeting:

My lecturer always reminds me in her class that we need to do forecasting before we proceed to the budgeting process. I asked my sister which step should we do first between these 2 elements since she was studying about forecasting and I was reading about the budgeting.

She then answered that we need to forecast first before we do the budget. And of course it’s a correct answer. And I can’t argue about that. Then, she started to tell me a story.

One day, in an island, the ‘budget’ was drowning and she couldn’t get any help. There's no one around to help her. Suddenly, the ‘financial accounting’ came and saw the ‘budget’ struggling to save her life. At that time, the water level pun da sampai lutut. So, 'budget' asked for 'financial accounting’s' help.

‘Please help me 'financial accounting'..’ says 'budget'.

‘Woo.. I’m sorry dear.. I’m only care about the debit and credit, the income statement and the balance sheet.. but not the budget.. bye..’

The 'financial accounting' left 'budget' there alone. A few moments later, the 'corporate governance' came with her boat and 'budget' tried to get help from her. At that time, the water level da dekat area perut.

‘Please help me 'corporate governance'.. I really need your help..’ says 'budget'

‘woo.. I’m sorry dear.. I’m only care about the ethics of the stakeholders in the company and not the budget.. bye..’

The 'budget' was totally sad. When the water level was coming to her chest, comes the 'organizational behavior' and once again, the 'budget' ask for her help.

‘Please help me 'organizational behavior'..’ says 'budget'

‘woo.. I’m sorry dear.. I’m only care about the behavior of employee in the organization but not the budget.. bye..’

'Budget' felt that she had no chance to live. The water level pun da sampai paras hidung and she couldn’t say anything or get any help. Suddenly, someone came to her and tried to save her by taking her out from the water. Then, the person took her the to the island nearby. However, she faint after she was saved and she doesn’t know who's that pokemon yg try selamatkan dia..

Bila budget da sedar, she ask the villagers in the island. Who’s that pokemon yg try selamatkan dia. And you know what was the answer….????

The villager said, ‘the person who saved you from drowning was 'FORECAST'.’

Now, the budget realize. 'Financial accounting', 'corporate governance' and 'organizational behavior' do not need her but 'FORECAST' is the one who needs budget. That’s why before we do the budget, we need to forecast first. 'FORECAST' and 'BUDGET' need each other. They can’t be separated.

My sister asked me then, who is the 'forecast' and who is the 'budget'. And my answer would be my sister and I. We need each other, we help each other, we cry together, we laugh together etc.

Same goes to you and your best friend. Hargailah sahabat2 anda. Sayangilah mereka seadanya. Kenapa munculnya term2 financial accounting, corporate governance and organizational behavior...??

Saje je.. nk wat cerita lagi menarik.. budak2 account faham la sebab kami belajar sume subjek2 ni.. Perhatian, cerita ini adalah rekaan semata-mata. Tiada kena mengena antara yang hidup ataupun yang telah meninggal dunia (^_^)

p/s: thanks to my sister because you are not the 'forecast' but you are the 'knowledge'. 'Knowledge' is always in my mind and also in my heart. Knowledge is the person who teach the forecast.. it’s hard to understand but don’t worry sis, I can get what are you trying to say. So everyone! Be the KNOWLEDGE..