REGISTRATION CERTIFICATE
KV #19905-9705 PR dated 02.04.2013.
FOUNDERS
RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)
According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media. ID R30-03156
PUBLISHER
Liburkina L. M.
SITE SECTIONS
Main page
Editorial staff
Editorial policy
Annotated catalogue (2011)
Annotated catalogue (2012)
Annotated catalogue (2013)
Annotated catalogue (2014)
Annotated catalogue (2015)
Annotated catalogue (2016)
Annotated catalogue (2017)
Annotated catalogue (2018)
Annotated catalogue (2019)
Annotated catalogue (2020)
Annotated catalogue (2021)
Annotated catalogue (2022)
Annotated catalogue (2023)
Annotated catalogue (2024)
Thematic sections of the journal
Proceedings of scientific conferences
|
The Features of Budgeting in IT Companies Karpushenko M. Y., Karpushenko O. O.
Karpushenko, Mariia Yu., and Karpushenko, Oleh O. (2023) “The Features of Budgeting in IT Companies.” Business Inform 12:271–277. https://doi.org/10.32983/2222-4459-2023-12-271-277
Section: Accounting and Auditing
Article is written in Ukrainian Downloads/views: 0 | Download article (pdf) - |
UDC 657.312.2
Abstract: Budgeting plays an important role in managing the finances of an IT company, as it allows you to plan and control costs, make informed financial decisions, and achieve your goals. The purpose of the study is to consider the features and problems faced by an IT company during budgeting, and to develop proposals for improving the budgeting process. The article draws attention to the consideration that budgeting is a tool for planning, control, optimization, forecasting, and ensuring financial stability. It is determined that budgeting can be an important tool for making strategic decisions, assessing risks and identifying opportunities for growth and development. The need to take into account the changing technological environment and rapid changes in the market when developing budgets is emphasized. Improvement includes operating with up-to-date and reliable data for the most accurate and reliable calculations and forecasts. To do this, it is proposed to analyze large amounts of data, which allows you to obtain more accurate information forecasts and predict changes in the market. It is also proposed to conduct customer analysis – this allows you to study the characteristics of demand for more accurate revenue forecasting and the development of marketing strategies to attract new customers. Regular analysis of performance indicators and updating budgets involves flexible budgeting, which includes adjusting and revising budgets as needed. Under current conditions of uncertainty, it is proposed to develop budgets from scratch, which will avoid the negative phenomena of previous periods and take into account the prospects associated with the current period. Aligning with the company’s development strategy and integrating the strategic plan with the budget process allows management and teams to work towards common goals and resources.
Keywords: budget, budgeting, IT companies.
Fig.: 3. Bibl.: 9.
Karpushenko Mariia Yu. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Finance, Accounting and Business Security, O. M. Beketov National University of Urban Economy in Kharkiv (17 Chornohlazivska Str., Kharkіv, 61002, Ukraine) Email: mariamaria1864@gmail.com Karpushenko Oleh O. – Postgraduate Student, Department of Finance, Accounting and Business Security, O. M. Beketov National University of Urban Economy in Kharkiv (17 Chornohlazivska Str., Kharkіv, 61002, Ukraine) Email: oleg.pm@code-care.pro
List of references in article
Blank, I. A. Upravleniye aktivami i kapitalom predpriyatiya [Enterprise Asset and Capital Management]. Kyiv: Elga ; Nika-Tsentr, 2003.
Holovko, O. H., Kochura, V. S., and Chebotarova, A. Yu. “Biudzhetuvannia yak instrument operatyvnoho finansovoho kontrolinhu na pidpryiemstvi“ [Budgeting as an Instrument of Operational Financial Controlling at Enterprise]. Skhidna Yevropa: ekonomika, biznes ta upravlinnia. 2019. http://srd.pgasa.dp.ua:8080/bitstream/123456789/2548/1/Golovko.pdf
Hrynchyshyn, Ya. M. “Vdoskonalennia protsesu biudzhetuvannia pidpryiemstv v umovakh nevyznachenosti“ [Improving the Budgeting Process of Enterprises in Conditions of Uncertainty]. Ekonomika ta suspilstvo, no. 43 (2022). DOI: https://doi.org/10.32782/2524-0072/2022-43-6
Darahan, A. V., Hevorkian, A. Yu., and Druhova, O. S. “Sutnist ta metody protsesu biudzhetuvannia u konteksti finansovoho analizu diialnosti pidpryiemstva“ [The Essence and Methods of the Budgeting Process in the Context of the Financial Analysis of the Enterprise Activity]. Prychornomorski ekonomichni studii, no. 55-1 (2020): 94-99. DOI: https://doi.org/10.32843/bses.55-15
Kolisnyk, M. V., and Balyk, U. O. “Biudzhetuvannia yak shliakh do efektyvnoho upravlinnia“ [Budgeting as Way is to the Effective Management]. Hlobalni ta natsionalni problemy ekonomiky. 2015. http://global-national.in.ua/archive/7-2015/81.pdf
Pasenko, V. V., and Pasternak, Ya. P. “Biudzhetuvannia yak instrument upravlinnia resursamy v systemi bukhhalterskoho obliku pidpryiemstva“ [Budgeting as a Tool for Resource Management in the Accounting System of the Enterprise]. Prychornomorski ekonomichni studii, no. 65 (2021): 117-121. DOI: https://doi.org/10.32843/bses.65-19
Prushkivskyi, V. H., and Tarasova, M. O. “Biudzhetuvannia yak instrument efektyvnoho upravlinnia pidpryiemstvom“ [Budgeting as an Effective Enterprise Management Tool]. Efektyvna ekonomika, no. 11 (2018). DOI: https://doi.org/10.32702/2307-2105-2018.11.8
Tkachenko, Ye. Yu., and Fatiukha, V. V. “Teoretychni osnovy biudzhetuvannia na pidpryiemstvi“ [Theoretical Foundations of Enterprise Budgeting]. Infrastruktura rynku. 2018. http://www.market-infr.od.ua/journals/2018/25_2018_ukr/82.pdf
Yuvzhenko, N. M. “Tradytsiini ta suchasni metody biudzhetuvannia: perevahy i nedoliky“ [The Traditional and Modern Budgeting Methods: Advantages and Disadvantages]. Biznes Inform. 2018. https://www.business-inform.net/export_pdf/business-inform-2018-7_0-pages-239_245.pdf
|
FOR AUTHORS
License Contract
Conditions of Publication
Article Requirements
Regulations on Peer-Reviewing
Publication Contract
Current Issue
Frequently asked questions
INFORMATION
The Plan of Scientific Conferences
OUR PARTNERS
Journal «The Problems of Economy»
|