Budżetowanie jako forma kontroli zarządczej w spółce Skarbu Państwa
Budgeting as a form of management control in the state-owned enterprise

Summary/Abstract: Purpose — The article presents the process of budgeting in a state-owned enterprise on the example of Szczecin and Swinoujscie Seaports Authority S.A. Design/Methodology/approach — The study uses the solutions employed in practice of the entities managing Polish seaports. Findings — State-owned enterprises prepare annual material and financial plans with the prognosis for next years, containing among other things the budget of revenues and expenditures as well as a pro forma financial statement. Budgeting is done with the use of the bottom up method and all mangers of organizational units as well as selected employees take part in the process. The responsibility centres prepare sectional budgets which are passed to the organizational unit responsible for preparing the comprehensive budget for the enterprise. The budget, having been approved by the Board of Directors and with the opinion given by the Supervision Board, is to be realised. Originality/value — The article presents practical application of budgeting as an element of management control in a state-owned enterprise.

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