BUDGETING AS A METHOD OF ECONOMIC MANAGEMENT OF ENTERPRISE ACTIVITY
Olha Udalykh, Makiyivka of Economics and Humanities Institute, Makiyivka, Ukraine
The article explores the theoretical aspects of budgeting as a method of economic management of the enterprise. In modern conditions budgeting is aimed at improving the efficiency of its activities in the current period and in the future. Researched the modern approaches to interpretation of the budget and the budget process in the enterprise. Considered the economic essence of budgeting as a method of economic management of the enterprise is aimed at the formation of the budgets all directions of its activities. Investigated the system of budgeting as a set of budgets and methods of their development and implementation. We systematized the objectives of budgeting, presented elements of the infrastructure of the budgetary system in the enterprise. We proposed a sequence of stages of formation of the budget system, aimed at the optimization of economic management.
budget, budgeting, budgeting system, planning, management, enterprise