Specific features of cost budgeting system formation

Abstract

The article discusses the main features of the cost budgeting system. Highlighted the shortcomings in the organization of accounting and budgeting of costs when setting up a budgeting system. The stages of formation of the cost budgeting system are listed, including: assessment of the actual state of cost accounting; actual and recommended refection of costs by type of activity and department; formation of internal organizational and administrative documents; assessment of the structure of the enterprise; refection of cost items in accounting accounts; formation of cost budgets themselves and their automation; control over the execution of budgets. This algorithm for the formulation and formation of a cost budgeting system in an enterprise can be used both for a functioning enterprise and for a newly created one.