Modern approaches to budgeting of an electric grid company
The article describes the theory and concepts of financial management, budgeting of an underlying grid company, discusses the formation of the financial and budgetary structure of the power grid, proposes indicators assigned to the CFD grid company. Budgeting is one of the main tools of management of the company, which has been actively used by companies as a financial planning and control technology. Application of budgeting allows managers to monitor the status of cases in all the divisions of the company, to interact and to adjust their actions to overall strategic objectives. Budgeting provides an opportunity to evaluate possible options in adverse situations in advance and, consequently, take the necessary measures in due time.