Bugetarea - instrument de previziune și control a performanței financiare a entității

Abstract

In the conditions of the market economy, the profitable entity is the one that registers constant income from its activity. This objective can also be achieved on a sustainable basis through budgeting, which establishes norms, rules and principles to be achieved, having the role of orienting the entity towards performance. In the present research, we proposed to make a theoretical analysis of the notion of budget and budgeting in order to ascertain the relevance of the forecast in obtaining the financial performance of the entity, revealing the tasks, stages and principles of budgeting, as well as the role of budgetary control. In the elaboration of this article, an analysis of specialized literature, of various local and foreign researches was carried out, and the methods of induction, deduction and descriptive research applied facilitated a more detailed description of the essential characteristics of budgeting. CZU: 657.31:005.216.1; JEL: M41; DOI: https://doi.org/10.53486/issc2023.41