Budgeting in management accounting system

The importance of budgeting for a management accounting system is studied. The approaches to the definition of “budgeting” are considered. The classification of budgets for different levels of management is proposed. The necessity of short-term budgets for a management accounting system is substantiated. The stages of organization of the budgeting process are determined. The method of budgeting and budget control is discussed

a budget; budgeting; control; planning; management; a management accounting system