Nature and Components of Budget Estimate in the Public Sector

Reformation of accounting system in the public sector requires improving the structure of budget estimate of scientific institution to ensure transparency and disclosure of information on subjects of public funds. The article is to disclosure the nature of budget estimate and to study the ways of its improvement in accordance with the National regulations (standards) of accounting in the public sector. There are explained the essence of budget estimate and its role, defined the peculiarities of budget estimate of public sector entities in other countries. There are proved the basic steps for amendments to the budget estimate that were approving by legislative acts of Ukraine. There were carried out the retrospective analysis of regulatory rules for the budget estimate functioning in Ukraine. There are offered the changes to the structure of the planning document for true display of components of budget estimate, there are also proved the expediency of the classification of general and special funds. There is paid attention to the lack of opportunities in the legal terminology to recognise kinds of budget estimate as a result of amendments made during the budget period.