Budget Analysis In The Local Action Groups

The objective of this article is to highlight the importance of budgets for any organization, there is an interdependence relationship between the degree of the objectives achievement and transfer them into the budget. Based on the previous existing studies regarding the budgets, in this article there is developed a theoretical framework of the budgets, conceptual approaches on the budget, features and stages of budgeting, budgeting principles, methods for forecasting costs and also is developed a case study conducted on the peculiarities budgets in Local Action Groups in Romania. The case study is divided into three parts that refers to to main characteristics of Local Action Groups, particularityes of the costs budgeting within the Local Action Groups and a questionnaire applied to all Local Action Gropups for Romania. The research leads to two important categories of tangible results; on the one hand it is realised a theoretical qualitative synthesis on budgets, and on the other hand it is analized the structure of the expenditure budget, the budget management in the Local Action Groups for Romania.