|PDF:||Author(s):||Balashova N. N., Носко О. В.,|
|Number of journal:||1(18)||Date:||February 2012|
The article has reviewed the concept of the budgeting process, functions of budgeting planning and company management, and requirements to the resources used, practical objectives of development and introduction of the system. Major reasons limiting the use of the budgeting system have been reviewed. The role of budgeting system in the process of management decisions making has been justified, as well as in the process of control of the activity of the entire company and its divisions, trends and types of activity. The system of motivation of employees for performance of the planned indices has been proposed, principles and procedure of stimulating system have been provided.
budgeting, functions of budgeting system, budgeting objectives, activity planning, centers of responsibility, control of budget accomplishment, deviations analysis, activity evaluation, motivation system