Accounting Policies as an Element of Control in Budgetary Institutions

Abstract

In the process of forming the accounting of budgetary institutions and the efficient and transparent use of budgetary funds in accordance with the priorities of state policy, many controversial and unresolved issues arise. One of these issues is the formation of accounting policies in budgetary institutions, which is a basic element of the primary organization of the accounting process. The article, based on the analysis of scientific works and regulations, examines the concepts of accounting policies in budgetary institutions. Using system analysis and taking into account that budgetary institutions, as a rule, carry out functions and goals on behalf of the state within the limits of budget allocations, the existence of an accounting system with unique rules in these structures is obvious. Thus, the author illustrated the role of accounting policies in the accounting of budgetary institutions. As a result of the work, it was concluded that accounting policies are an important element of control in maintaining accounting statements in the budgetary sphere. JEL Classification: H83; M41