MATEC Web of Conferences (Jan 2017)
Budgeting fundamentals analysis for the purposes of organizational budgetary policy development
Abstract
Theoretical issues of budgeting are considered in the article. The essence of the concept, its subject and objects, budgeting principles, their scope and functions are examined. Theoretical positions on budgeting present in the economic literature are analyzed, and ultimately, the authors’ views on fundamentals of budgeting are described.