The budget – as a main planning, controlling and valuation instrument of a modern company – represents the instrument the manager uses to fundament and implement decisions (the budget allows anticipating problems, defining solutions, coordinating actions, identifying resources), to assume responsibilities for efficient use of the resources (the budget ensures a supplementary responsibility of the budget centre manager), controls the level of different result indicators (the budget establishes a controlling system by comparing the results to the budgeted level), evaluates performances (the budget can be a valuation instrument for the individual performances or for the group performances) etc.

Controlling represents the instrument by which the realized performances are compared to the planned ones, the correction procedures of the deviations are established by controlling. Controlling – as a main instrument the financial performances can be followed and therefore improved – insures the obtaining of the budgeted results by the management decisions, maintaining the developing of the activity in the limits of the established parameters; avoiding the deviations, identifying the influence factors of the deviations, etc.

Our team under the coordination of some well known specialists in problems of costs / budgets / controlling has performed many actions for optimisation of the activity of some companies by measures to construct budgets, respectively the systematic increase of the costs up to the level of a product even in the case of some companies with a large range of products.

Contact persons for budgeting and controlling:
daniel.iovescu@abaconsulting.ro
viorel.bufan@abaconsulting.ro
doina.carpinisan@abaconsulting.ro