Home  Journals  Regional Economics: Theory and Practice  38(317) - 2013 October

Balance of budget as indicator of system effectiveness of budget planning of organization within formation and realization of innovative policy

Available online: 26 October 2013

Subject Heading: INNOVATIONAL POTENTIAL OF THE REGION

JEL Classification: 

In the article the theoretical judgment of category of balance of the budget of the organization as indicator of system effectiveness of budget planning is offered. It is noted that the system of budget planning is the account and control tool not only behind primary activity, but also behind innovative activity of the organization. The balance of the budget based on an optimum ratio of its separate articles, defines effective system of budget planning, providing performance of strategic objectives, including - innovative (investment) character.

Keywords: budget, balance of the budget, system of budget planning, balance, functions and problems of balancing, innovative activity, strategic objectives, organization, financial stream

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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