The Flexible Budget as a Development Tool: Evidence From the Personal Preparation Course

The paper begins by explaining budget, the purposes and objetcives for budgetary planning and control system. Then, researcher describe flexible budget and cost behaviour patterns and, are explained the steps in the preparation of a flexible budget by authors. In this context, we use high-low method for identify semivariable costs in preparation of a flexible budget. After we prepared flexible budget and how apply to company.. The aim of this study is making, flexible budgets are vital for planning, control and development. In this paper, researches describe the flexible budget exercise and provide accounting instructors with a template for use in personal preparation course of Azerbaijan Republic. According to the research results, six advantages of flexible budget are described by authors.