Budgeting as a Way to Improve the Performance Management System of Enterprises

The essence of budgeting as a tool for operational management; Advantages and usefulness of budgeting in the management activities of enterprises.In terms of transformation of the national economy, accompanied by high inflation, instability of the current legislation, the strengthening of competition, price volatility in financial and commodity markets, poor financial performance, solvency and liquidity of domestic industrial sound is a necessity and expediency of search and the introduction and use of more effective methods management of financial and economic activity. One of these methods is the operational management financial planning - budgeting.The article is to study the methodological aspects of budgeting to improve the efficiency of the enterprise.The company, which operates in a market economy, with the necessary certainty required to determine the need for financial, human and intellectual resources and sources of their receipt. The importance attached to the ability to accurately calculate the effectiveness of available resources and end the economic and financial results. Budgeting is the first step in developing a system of regular economic governance and promotes financial flows and optimize enterprise resources that can significantly reduce their volume and the need for them, the cost and increase competitiveness.