Budgeting in Business Structures

Major: Business Economics
Code of subject: 6.051.03.E.089
Credits: 4.00
Department: Business Economics and Investment
Lecturer: Seliuchenko Nadiia Yevstahiivna, Ph.D. in Economics, Associate Professor
Semester: 8 семестр
Mode of study: денна
Learning outcomes: understanding the essence of budget management in business structures; knowledge and understanding of the budgeting system of business structures; knowledge and understanding of budgeting methods; knowledge and understanding of the peculiarities of organizing the budget process in business structures; ability to substantiate the financial structure of the enterprise; ability to develop operational and financial budgets of business structures, analyze and evaluate their implementation; ability to use modern software products in the budgeting process
Required prior and related subjects: Prerequisites: Enterprise Economics Accounting Financial Activities of Business Entities Business Costs Economic Analysis Economic Forecasting Economic Risks and Methods of their Assessment Information Systems and Technologies in Economics Co-requisites: Project Management Potential and Business Development
Summary of the subject: The essence of budget management of business structures. Typology of budgets. Budget pyramid. Budgeting methods. Budgeting system in business structures. Financial structure of the enterprise. Technology of formation of operational budgets. Formation of financial budgets. Analyzing and evaluating budget execution. Organization of the budget process in business structures. Motivation and responsibility in budgeting. Information technologies in budgeting.
Assessment methods and criteria: Current control: individual control work – 60%; test tasks – 40%.
Recommended books: 1. Білик М. Д., Бєлялов Т. Є. Фінансове планування на підприємстві: навч. посіб. Київ: ПанТот, 2015. 436 с. 2. Бюджетування зовнішньоекономічної діяльності: навч. посібн. / Кузьмін О.Є. та ін. Львів: Видавництво «Растр-7», 2014. 242 с. 3. Основи бюджетування: навч.-метод. посіб. для самост. вивч. дисц. / Л.П. Батенко, Т.О. Зінькевич, О.О. Кизенко та ін.; за заг. ред. Л.П. Батенко. К.: КНЕУ, 2010. 202 с. URL: https://kneu.edu.ua/ua/publications/cppukr&act=p_id(5887)/ 4. Партин Г.О., Задерецька Р.І. Фінансовий контролінг: навч. посібник. Львів: Видавництво Львівської політехніки. 2013. 232 с.