Management Aspects of Budgeting Costs in the Modern Enterprises

The management of any activity need to know, first of all, the goals to be achieved and, on other hand, the necessary resources to fulfill the objectives. The budget is short-term forecasting in monetary or natural units, all operations of an enterprise, for programming and control of the future. Also the budget is a tool for analyzing economic and financial activity conducted by comparing the provisions of accounting data and determining this line deviations responsibilities.