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The Budget Cycle

In: The Mean in Budgeting

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  • Yannan Gou

    (Shanghai University)

Abstract

Budgets are perpetually in motion and have no definitive endpoint. Multiple budget cycles operate concurrently, with one wave cresting before the next, and participants transitioning between different budgetary timescales. There is no such thing as a purely current budget; present revenues and expenditures may be influenced by decisions made in the distant past, and forthcoming revenue and expenditure choices will significantly impact future budgets.

Suggested Citation

  • Yannan Gou, 2026. "The Budget Cycle," Springer Books, in: The Mean in Budgeting, chapter 0, pages 63-66, Springer.
  • Handle: RePEc:spr:sprchp:978-981-96-9592-8_18
    DOI: 10.1007/978-981-96-9592-8_18
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