The second is short range, covering a period of up to one year. Short-range plans are derived from an in-depth evaluation of the long-range plan. The annual budget is a quantified expression of the enterprise's plans for the fiscal year. It generally is divided into quarters, and is used to guide and control day-to-day activities. It is often called the tactical plan because it sets priorities, in the near term, for the long-range plans through the allocation of resources to specific activities. See Figure I for more detail.
I’m currently in the field of corporate taxation, a specialized field of accounting. I worked before in the Tax practice of EY for 2 years and have been a Corporate Tax Officer of 3 different companies/industries. Now, I’ve been working in 4 companies including EY in just a short period of time (4 years to be exact). By October of this year, I’ll be working again with EY as a Tax Consultant but this time in a different country. However, my dream is to become a management consultant and this dream will be fulfilled hopefully at McKinsey. I was not able to apply back then because I’m 100% sure that I wouldn’t be able to make it because my school was not a top-tier university in our country. After 4 years of working, here I am now, contemplating again in realizing my dream job. I read a lot of articles about admission to McKinsey/Bain/BCG and one of the requirements though it’s not guaranteed is to get an MBA from an ivy league school. Thus, one of my plans is to get an Harvard MBA maybe after 2 or 3 years of work with EY.