Development of the budgeting system as a tool of management accounting in the budgetary institution

¹ Stavropol State Agrarian University, 12, Zootechnicheskiy lane, 355017, Stavropol, Russia
² Kazan State Agrarian University, 65, Karl Marx str., 420015, Kazan, Russia
³ Russian State Agrarian University - Moscow Timiryazev Agricultural Academy, 49, Timiryazevskaya st., 127434, Moscow, Russia

^* Corresponding author: zakirovaar@mail.ru

Abstract

The study was conducted to develop a budgeting system based on the formation of financial management structure in the budget institution, contributing to the rational resource functioning, the achievement of established state goals and information objectivity. The objectives of the study included determining the degree of implementation of management accounting tool - budgeting - in the activities of institutions. In the course of the study the financial structure of organizations was developed, which is represented by budgetary institutions and commercial enterprises, where not only the form of ownership, but also the specifics of activity is taken into account. On the basis of the budgetary structure the scheme of the consolidated budget of the institution in the divisional and functional aspect and practical recommendations for the development of forms of each of the presented budgets are offered. The application of the developed model of budgeting will help in the formation of operational, relevant management decisions to achieve the mission of the institution. This tool makes it possible not only to reduce deviations from the state assignment, but also to achieve the set targets of income-generating activities.