Budget and Organization Management

Historically, budgets have played a key role in management control. However, recently, become the subject of considerable criticism and debate. The goal developing implementing budgeting system is to create an instrument for efficient organization activity institution its structural units by planning, controlling incomes expenses, analyzing economic financial indicators. Methodical approaches budgeting-based internal control determine tasks subtasks that construct making, implementing, controlling, managerial decisions. Some argue problems stem from how are used, while others say process needs be revised, as result, call systematic examination issues against empirical evidence. Nevertheless, most firms’ continue used purposes perceived value-added. While exist with budgets, organizations adapting their use account these rather than abandoning altogether.