A budget represents a plan of current and expected incomes and expenses, costs and services, ordered by operating units and dates, and is usually monitored by the management on a regular basis. This article describes how Human Service Organizations use different budgeting techniques and, furthermore, shows which aspects have to be considered in the implementation of budgets in such organizations.

Corporate accounting serves as a systematic collection, administration, and evaluation of quantifiable (monetary and non-monetary) data and information with the aim of planning, reporting, and controlling the profitability of an organization. This essay describes the fundamentals of financial accounting and their practice in Human Service Organizations.