The procedure for choosing the concept of budgeting in vertically integrated structures

Економіка, управління та адміністрування

V.A.¹ 

[1] Topilo ;

关键词: budgeting;    budgeting concept;    vertically integrated structure;    external environment;    internal environment;    budgeting model;   

DOI  :  10.26642/ema-2021-3(97)-53-60

来源: DOAJ

【 摘 要 】

The relevance of the study of budgeting in vertically integrated structures is caused by the importance of implementing effective information and management systems to support and develop financial capacity; the presence of the problem of wasteful use of resources to obtain future competitive advantages; the need to introduce an effective system of budgets to motivate staff of the vertical structure to obtain a single financial result within the established strategy. The aim of the article is to assess the conceptual approaches to the implementation of the budgeting system in enterprises and scientific justification for choosing an effective concept of budgeting in vertically integrated structures based on the identification of determinants of impact on the enterprise and existing constraints. The article proposes the procedure for choosing the concept of budgeting in vertically integrated structures based on the assessment of the impact of system-forming factors of the internal environment (managerial, technological, organizational) and external environment (industry, legal, economic), which is the theoretical basis for creating an individual budgeting model, which has developed taking into account the existing restrictions, methodological tools and a structured management system of a business entity. The introduction of the individual concept of budgeting in vertically integrated structures should be aimed at solving the following tasks: systematic coverage of all types and areas of activity of the vertically integrated structure; transparency of reporting information; clear order of formation of accounting information; information security; flexibility of the budgeting system, which provides an opportunity to adapt individual budgets and the general budget to the transformations of the external and internal environment; efficiency of the budgeting system.

【 授权许可】

Unknown