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The Role of Budget Planning in Innovation and Science-Based Development of Agricultural Holdings

Author (s)

Govdya Viktor Vilenovich, Degaltseva Zhanna Vladimirovna

Abstract

The article deals with the problem of inventory and costs management in agricultural holdings based on the use of budgeting, innovation and high-tech methods. It is proved that in modern agrobusinesses, planning and budgeting tools, as well as farm management accounts should have a rational number of descriptors, i.e. natural and cost parameters. The study found that the key performance indicators are the availability of working capital, a higher rate of productivity growth compared to the growth rate of its payment, material consumption and capital intensity, profitability. These tags allow you to evaluate the use of the entire property complex of the economic agents of the market. They are formed in the systems of financial and tax accounting, managerial, strategic and environmental accounting, united in the accounting and analytical cluster. It is proved that the basis for interconnection of the modules in the accounting and analytical cluster is IT-technologies.

Keywords

agricultural holding, management, planning, costs, budgeting, innovation, knowledge-based method

References

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2.       Perekhodov, P. V. Development of Organizational Innovations in Agricultural Holdings [electronic resource] // http://economy-lib.com/razvitie-organizatsionnyh-innovatsiy-v-agroholdingah#ixzz2sN5S8HdJ. (date of addressing: 18.09.2014)

3.       Kostyukova, E. Factors Influencing the Formation of a Management Accounting System / E. I. Kostyukova, Prytkova A. V. // Accounting in Agriculture. - 2012. - № 7. - pp. 20-24.

4.       Kostyukova, E. I. History of Budgeting / E. I. Kostyukova, T. A. Polyanskaya // International Accounting. - 2012. - № 42. - pp. 63-67.

5.       Vakhrushina, M. A. Managerial Analysis / M.A .Vakhrushina. - M .: Omega, 2010. - 399 pp.

Publication date

Friday, 03 July 2015