DETERMINANTS OF ACCOUNTING BUDGETING IN THE COMPANY

Abstract

Budgeting is a complex process that involves various planned activities, depending on the character of areas of responsibility and it is understandable that the development of supporting the operating budget are the responsibility of parts referred to in this regard, accountants provide expert assistance in the preparation of individual budgets so that they can later integrate into the master budget. The preparation of the budget requires recognition of the organizational behavior of employees, because in this way creates common awareness of all employees, focused on the formulation and implementation provilno goals in the process. The main task of budgeting is to present a comprehensive enterprise management and co-ordinated plan of activities of enterprises and their financial needs. The budget of the company as a whole is in fact a system of interconnected budget.