Kolosok V., Chepaykina N. Forming the budgeting system for the enterprises as part of holding group

Abstract

The article states the problems of forming the budgeting system for the enterprises as part of holding group. The guidance of budgeting process system construction has been worked out for the enterprises as part of building blocks of the holding company. Consideration was given to principles of budgeting organization in the enterprise in order to raise efficiency of integrated companies control and to ensure conditions of holding companies net profit increase. Phased buildup of budgeting system forming with due regard to characteristic features of the companies which are part of  the holding group has been offered.

It was revealed that the general lack of existing methods of budgeting is that they apply to the company as a separate, independent business entity, therefore can not be fully utilized for the construction of the system of budgeting enterprises (units of assets) of the holding, since it does not take into account the peculiarities of data integrated structures. The budget process in an industrial plant requires a corresponding revision in view of the conditions imposed. Integration processes of the economy, leading to consolidation, business combination in holding structures indicate the need to improve existing methods and approaches to budgeting system