Scenario

You are a senior accountant for Building Home Together, a $501($c$)(3)$ charity that focuses on providing services for the unhoused population. The budget committee wants to make the budget estimates more accurate at different levels of the organization. Building Home Together currently uses a bottom$-$up$,$ or imposed, budgeting process. The chairperson of the budget committee wants Building Home Together to consider implementing a bottom$-$down, or participatory, budgeting process. The chairperson is interested in learning how participation in the budgeting process affects the delivery of the final budget. The chairperson has asked you to write a memo for the budget committee addressing the impact of participatory budgeting.

The skills practiced in this activity will help to support you in your project.

Directions

Write a memo that addresses the impact of an organization integrating participatory budgeting in its budgeting process.

Specifically, you must address the following rubric criteria:

Distinguish among the participative levels in the organization$$s budgeting process.

Explain the impact of encouraging participation of various personnel in the organization.

Explain how the participative budgeting process encourages collaboration in organizations.

Assess how an organization$$s industry influences its budgetary participation strategy.

Determine how the budgetary participation strategy impacts the accuracy of the budget.

What to Submit

Submit your activity as a $1-$ to $2-$page Microsoft Word document with double spacing, $12-$point Times New Roman font, and one$-$inch margins. Sources should be cited according to APA style.