You are required to

1. Introduce your department and organisation. We DO NOT need to know the actual name of your company.

2. Gather and present some literature review on costing systems OR budgetary system.

3. Describe the costing process OR budgetary process used in your company

Note: Your organisation may use a software (Enterprise Resources Planning - ERP, accounting software etc) or a manual system to track the costing process OR the budgetary process. You are encouraged to provide flowcharts or Standard Operating Systems which are relevant to this paper.

4. Critique the costing process OR budgetary process used in your company