Interactive budgeting models

摘要

A relatively new and innovative educational approach in graduate information systems is discussed. The thrust of the approach is to have student groups design computer-based simulations of the budgeting processes of a firm in the form of an interactive budgeting model. These are applied to the areas of financial planning, control and managerial decision making. Several different approaches were suggested to and adopted by students as main design philosophies including modular planning and a matrix accounting system. The various implemented systems are described and their features are classified.