Subject. This article deals with the theoretical and applied issues of organizing the budgeting system at banks in the digital economy. Objectives. The article aims to clarify the methodology and structure of budgeting at banks on the basis of a comprehensive approach under the digital environment conditions. Methods. For the study, we used analysis and synthesis, comparison, observation, evaluation, generalization, description, systematization, and summarizing. Results. The article clarifies the concept of budgeting in banking activities and emphasizes its belonging to strategic management accounting and information and analytical support of the bank's activities. Based on a comprehensive approach to the development of a budgeting system at banks, the article proposes a master budget structure for the bank, which expands the modern scientific understanding of budgeting and helps improve the quality of management. Conclusions and Relevance. A comprehensive approach to the organization of the budgeting system helps plan the income, expenses and results of the bank's activities in the areas of banking, responsibility centers, and taking into account innovative development plans. The results of the study can be useful to the management of banks in financial result planning, searching for reserves for improving the efficiency of activities, studying the prospects and potential for introducing certain types of innovation, stakeholders when exploring the possibility of cooperation. The materials of the article can be used in scientific research on economics and in the educational processes of universities of the Russian Federation.
Keywords: budgeting, banking business process, financial responsibility center, financial structure, strategic accounting methods
References:
Vakhrushina M.A., Pashkova L.V. Byudzhetirovanie v sisteme upravlencheskogo ucheta malogo biznesa. Metodika i organizatsiya postanovki: monografiya [Budgeting in the system of management accounting of small business. A methodology and organization: a monograph]. Moscow, Vuzovskii uchebnik Publ., 2015, 114 p.
Ivashkevich V.B. [Fundamentals and principles of integrated management accounting]. Auditorskie vedomosti = Audit Journal, 2017, no. 3, pp. 35–44. (In Russ.)
Bogatyi D.V. [Structural and logic of organization and operation of budgeting in accounting-analytical system of commercial organizations]. Vestnik Rostovskogo gosudarstvennogo ekonomicheskogo universiteta (RINKh) = Vestnik of Rostov State University of Economics (RINH), 2013, no. 3, pp. 175–183. URL: Link (In Russ.)
Aleinikova M.Yu. [Budgeting – A tool for optimizing the innovation activity of economic entities]. Upravlencheskii uchet = Management Accounting, 2021, no. 6-2, pp. 435–442. URL: Link (In Russ.)
Samochkin V.N., Timofeeva O.A., Kalyukin A.A., Zakharov R.A. [Risk accounting when making managerial decisions at the stage of budget formation]. Menedzhment v Rossii i za rubezhom = Management in Russia and Abroad, 2000, no. 3, pp. 21–30. URL: Link (In Russ.)
Zernova L.E. [Evaluating the economic efficiency of implementing a balanced scorecard system in a commercial bank]. Mezhdunarodnyi nauchno-issledovatel'skii zhurnal, 2020, no. 5-2, pp. 29–34. (In Russ.) URL: Link
Egorova E.M., Glushchenko A.V. [Budgeting at the university: Organizational solutions and methodological approaches]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2021, vol. 24, iss. 11, pp. 1225–1242. (In Russ.) URL: Link
Sheshukova T.G., Mukhinа E.R. Razvitie upravlencheskogo ucheta na predpriyatiyakh po proizvodstvu elektrotekhnicheskoi produktsii: monografiya [Development of management accounting at the enterprises of electrical product manufacturing: a monograph]. Perm, PNRPU Publ., 2015, 263 p.
Stefanovich L.I., Zubok S.V. [Budgeting of project activities at a bank: Approaches and solutions]. Банкаўскі веснік, 2019, no. 8, pp. 15–22. URL: Link (In Russ.)
Rodionov M.A. [Creating a complex budgeting system at a commercial bank]. Finansy i kredit = Finance and Credit, 2012, vol. 18, iss. 8, pp. 68–71. URL: Link (In Russ.)
Tarasov A.A. [Managing business processes in banking]. Upravlencheskie nauki = Management Sciences, 2017, vol. 7, no. 4, pp. 54–63. URL: Link (In Russ.)
Koroleva M.L. [Formation of strategy of development of commercial bank in modern conditions]. Vestnik Volzhskogo universiteta im. V.N. Tatishcheva = Vestnik of Volzhsky University after V.N. Tatischev, 2021, vol. 2, no. 1, pp. 150–161. URL: Link (In Russ.)
Tyutyunnik A.V. [Budget planning at a commercial bank]. Bukhgalteriya i banki, 2000, no. 6, pp. 43–49. (In Russ.)
Ogureev E. [Budgeting practices at the Russian Standard Bank]. Bankovskie uslugi = Banking Services, 2004, no. 1, pp. 25–27. (In Russ.)
Kitaev A.A. [Implementing the Resource Redistribution Center in the organization of budgeting at a commercial bank]. Finansy i kredit = Finance and Credit, 2006, vol. 12, iss. 34, pp. 10–14. URL: Link (In Russ.)
Minakov A.V., Suglobov A.E. [Business management in the digital economy]. Russian Journal of Management, 2021, vol. 9, no. 1, pp. 226–230. (In Russ.) URL: Link
Mel'nik M.V., Suglobov A.E. [Modernization of accounting, analytical and control processes in the conditions of digitalization of the economy]. Problemy ekonomiki i yuridicheskoi praktiki = Economic Problems and Legal Practice, 2021, vol. 17, no. 2, pp. 117–126. URL: Link (In Russ.)
Minakov A.V., Suglobov A.E. [Development and problems of digitalization of banking services]. Modern Economy Success, 2021, no. 4, pp. 88–102. URL: Link (In Russ.)
Kotova K.Yu. [New contents of the russian banking business-models]. Ekonomika. Biznes. Banki = Economy. Business. Banks, 2019, no. 2, pp. 52–75. URL: Link (In Russ.)
Necheukhina N.S., Mustafina O.V., Kuklina L.N. [Conceptual framework of financial component of the competitiveness of economic entities]. Zhurnal ekonomicheskoi teorii, 2020, vol. 17, no. 2, pp. 346–360. (In Russ.) URL: Link
Rogulenko T.M., Bodyako A.V. [Use of corporate accounting and control system in management]. Vestnik Universiteta, 2019, no. 11, pp. 29–35. (In Russ.) URL: Link
Vlasova N.S. Organizatsiya sistemy upravlencheskogo ucheta kak osnova povysheniya effektivnosti upravleniya predpriyatiem: monografiya [Organization of the management accounting system as a basis for improving the efficiency of enterprise management: a monograph]. Krasnodar, KubSAU Publ., 2017, 217 p.
Rozhkova N.K., Gosteeva O.V. [Features of the budgeting system at freight railway transport enterprises]. Vestnik Universiteta, 2013, no. 22, pp. 47–51. URL: Link (In Russ.)
Shatalova E.P. [Budgeting in the financial management of the bank: Structural model of budgeting]. Finansovaya zhizn' = Financial Life, 2018, no. 3, pp. 41–45. (In Russ.) URL: Link
Kaplan R.S., Norton D.P. Sbalansirovannaya sistema pokazatelei: ot strategii k deistviyu [The Balanced Scorecard: Translating Strategy into Action]. Moscow, Olimp-Biznes Publ., 2004, 294 p.
Gorodilov M.A., Kotova K.Yu. [Evaluation of banking activities by interested users on the basis of balanced indicators in the multi level system]. Vestnik Samarskogo gosudarstvennogo ekonomicheskogo universiteta = Vestnik of Samara State University of Economics, 2018, no. 1, pp. 60–72. URL: Link (In Russ.)
