The Vice Chancellor of Methodist University, Ghana, Professor Ebow Bondzi-Simpson, has called for a comprehensive approach to budgeting and risk management in organisations.
Speaking at the Institute of Internal Auditors (IIA) Governance Conference on the theme: 'Governance and Leadership: Navigating the New Wave,' Prof.
Bondzi-Simpson outlined steps organisations must take to remain relevant and effective in a rapidly changing environment.
According to him, the budgeting process should begin at the council level, focusing on the organisation's goals, resource needs, and desired outcomes.