 Tasks of Modern BudgetingMichał Chalastra ()
A chapter in Digitalization in Finance and Accounting, 2021, pp 277-287 from Springer Abstract: Abstract Budgeting systems have been functioning in numerous companies for many years; however, the state of their development differs significantly in individual cases. Differences can also be observed in the scope of the realized tasks. In some companies, budgeting covers far fewer tasks than in others. This causes a situation where the effects of such systems of management in relation to the cost of their functioning do not always bring favourable results. Therefore these companies often think that budgeting is a system which does not satisfy the requirements of a dynamically changing economy, and that the use of budgeting should be abandoned. There is also another group of enterprises, in which budgeting is considered a very useful system for their management. In this case, budgeting realizes several indispensable tasks, and hence for such enterprises, the relation between the incurred outlay and the obtained effect becomes positive. Keywords: Budgeting systems; Budget; Traditional budgeting; Good practice in budgeting (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-55277-0_25 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-55277-0_25 Access Statistics for this chapter More chapters in Springer Proceedings in Business and Economics from Springer |
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