Importance Creating a group of related organizations, such as a holding company, is one of the ways to reduce management costs, minimize business risk in order to work in an open market. The efficiency and stability of holding structures are directly associated with the need to obtain accurate and up-to-date information on the activities of the group, as a whole, and its members. Therefore the information on financial flows is relevant. A clear idea of the direction of income and expenditure of funds within the group and beyond is the basis for more detailed planning of the activities and management decisions. In connection with this, a particular role belongs to budgeting and subsequent economic variance analysis as an essential tool for evaluating the execution of scheduled values. The analysis can predict the development of the company, as a whole, and the effectiveness of its members. Methods The study uses a system analysis, modeling, methods of comparison and grouping. Conclusions and Relevance The paper concludes that, in order to assess the effectiveness of holding structures, it is necessary to create a budgeting system and carry out a comparative analysis of deviations of actual values of the group and its member organizations' consolidated reporting from the planned ones. This information will allow the company's management not only correct the budget items and the planned values of operation and investment activities, but also to identify new directions for the development of intragroup relationship that eventually would lead to an increase in the value of the business, as a whole.
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