José Antônio Soares de Abreu
Degree in
Legal and Social Sciences. Master in Educational Sciences. E-mail:
soares.jasa@gmail.com.
Sérgio Rodrigues de Souza
Degree in Business Administration. Post-Doctorate
in Psychology. E-mail: srgrodriguesdesouza@gmail.com.
ABSTRACT
This paper addresses the issue of corporate
budgeting as a management control instrument in industry. Its scientific
relevance lies in the fact that it clarifies to the general public that cost
accounting, combined with the industrial production control system, represents
lower risk levels and greater insight into the business, which implies safer
and more accurate decision-making, especially regarding future investments. The
general objective adopted was to understand how corporate budgeting can be used
as an effective management control instrument in industry. The specific
objectives are to present the concept of budgeting and discuss the concept of
cost as an accounting tool for industrial management. The need to budget is
inherent to the existence of any business, but the task of doing so falls to
professionals working in the accounting system, who will have the freedom to
create reliable reports that will serve as instruments for managers to manage
prices, investments, markets and acquisitions, with greater immediate
decision-making power. The corporate budget is an indispensable tool for
managers, executives, entrepreneurs and investors, because it enables
decision-making with greater caution and security regarding the returns
applied. The conclusions reached after carrying out this work are that the
Accountant should be to all branches, departments and sectors of production,
highlighting investments when necessary and encouraging good management of the
entire production, as well as the factual presentation that cost attentive
management and budget management represent roles of the highest relevance in
corporate decision-making.
Keywords: Corporate budget. Cost management. Control management in industry.
Reviewed by Current Scientific Journal
on
novembro 24, 2024
Rating:
