Technology of budgeting as a tool of managing sugar beet production

The article considers main methodical principles of development of the system of budgets of sugar beet production. The article analyses, systemises and generalises theoretical developments of scientists and takes into account practice of agricultural enterprises to prove that the most prospective of the process oriented approach to budgeting. It considers main directions of budgeting as a control tool. It identifies topical problems of the budgeting process in integration agro-industrial formations. It offers a form of budget of sugar beet production with consideration of the branch specific features in order to increase efficiency of functioning of beet producing enterprises. It considers specific features of formation of budgets of material expenditures, labour payment expenditures and other direct expenditures. The developed form of the consolidated budget of production expenditures and sugar beet cost value takes into account the data of previously formed budgets and allows calculation of planned indicators of production cost value of products. The article argues that the budgeting as a form of control for efficient management of sugar beet production should take into account the modern control concepts - COSO-ERM. The prospect of further studies is accounting risks when developing and controlling budget execution, which would give a possibility of warning or minimising negative phenomena for sustainable development of agricultural enterprises.