ACCOUNTING AND ANALYTICAL SUPPORT OF BUDGETING TO ENSURE THE SUSTAINABLE DEVELOPMENT OF A PUBLIC INSTITUTION

Abstract

Abstract

The reform of the public sector of the economy determines the primary importance of planning the estimated amount of budgetary funds of institutions. The budget is the main source of funding for their activities to fulfill the state task. High-quality accounting and analytical support is a necessary condition for effective budgeting. It is used to calculate various planned indicators that require adjustments depending on the influence of external and internal factors. Budgeting allows management to plan the activities of a public institution. This is necessary to ensure the implementation of the state task with maximum efficiency while optimizing expenditures, achieving the rational use of financial resources allocated from the budget for the implementation of its activities. The issues of improving financial planning in the institution should be considered in a single complex with the issues of improving public administration. The article deals with the main problems that arise in the institutions of the public sector of the economy when forming a system of accounting and analytical support for budgeting, taking into account the specifics of their activities in accordance with the state task. The main directions of improving the accounting system as a result of the introduction of management accounting elements are considered; the necessity of detailing the analysis of income and expenses of a state institution is justified; the possibilities of using automated software products that allow improving the quality of accounting and analytical support for budgeting of a state institution are analyzed.