Application of budgeting in the management accounting system of an economic entity

UDC 657.01

Authors

Agafonova N. P.,
graduate student Department of Accounting Management Accounting Stavropol state agrarian University, Stavropol

Abstract

The relevance of the research topic is the need for scientific re-search and development in the field of financial planning in economic entities of various types of activities to improve the effectiveness of management decisions. One of the key tools of financial planning should be considered budgeting of all areas of activity of economic entities. The result of the study should be considered a generalization of the principles of construction and application of budgets in com-mercial organizations, as well as the definition of the relationship between the fi-nancial structuring of the organization and the budgeting procedure.

Keywords

management accounting, budgeting, organizational structure, financial structure, economic entity, management object, financial responsibility center.