Task-Based Budgeting in Environmental Projects Planning: A Case Study of a Manufacturing Company in Poland
Abstract
In this paper most important differences between performance budgeting and traditional budgeting were presented. The aim of this paper is to focus only on selected differences. The conducted case-study in Poland reveals that activity-based budgeting is an effective method of financial management. Traditional budgeting is implemented according to older concepts. These rules are not compatible with the demands of modern budgeting. Unfortunately, the traditional budgeting method is widely used in public sector in Poland. It is also quite often used in commercial enterprises. The traditional method of budgeting is easier and quicker to implement. Thus, it is popular. On the other hand, it does not allow to achieve positive effects of activity-based budgeting.
References
[1] Asogwa, I. E. and Etim, O. E. 2017. Traditional Budgeting in Today’s Business, Environment, Journal of Applied Finance and Banking, 7(3): 111-120. ISSN: 1792-6580 (print version), Scienpress Ltd.
[2] Berland, N., Curtis, E. and Sponem, S. 2018 .Exposing organizational tensions with a non-traditional budgeting system. Journal of Applied Accounting Research, Vol. 19.
[3] Chalastra M. 2021. Tasks of Modern Budgeting, Digitalization in Finance and Accounting, Springer Proceedings in Business and Economics ISBN 978-3-030-55276-3 ISBN 978-3-030-55277-0, eBook. DOI:https://doi.org/10.1007/978-3-030-55277-0
[4] Christian Ax and Elin Ax 2022. When the supply side of a management accounting innovation fails – the case of beyond budgeting in Sweden. Accounting and Business Research, 52(4): 443-478. DOI:10.1080/00014788.2021.1935685
[5] Kezembayeva, G. B. 2019. Development of Methods for Calculating the Environmental and Economic Efficiency of Waste Treatment Technologies. Journal of Environmental Management and Tourism. ISSN 2068-7729
[6] Kong, D. 2023. Performance-Based Budgeting: The U.S. Experience. Public Organization Reviewer, 5: 91–107 (2005). DOI: https://doi.org/10.1007/s11115-005-1782-6
[7] Michalczuk G., Salachna J. and Zawadzka-Pąk U. 2017. Usprawnianie zarządzania w samorządzie terytorialnym poprzez budżet – od budżetu tradycyjnego i zadaniowego do budżetu efektów, Wolters Kluwer, Warszawa, s. 55-58
[8] Moller, K., Controller Process Model 2.0. Haufe-Lexware GmbH and Co. KG, 2018, s. 32.
[9] Neely, A., Bourne, M. Adams, C. 2003. Better budgeting or beyond budgeting, Measuring Business Excellence, Vol. 7 No. 3, pp. 22-28. DOI: https://doi.org/10.1108/13683040310496471
[10] Nieplowicz, M. 2017. Zarządzanie i Finanse, Journal of Management and Finance, 15(2/2/2017), s.91-92.
[11] Olsen, J. P. 2004. The 2003 John Gaus Lecture: Citizens, Public Administration and the Search for Theoretical Foundations. PS: Political Science and Politics, 37(1): 69–79. JSTOR, http://www.jstor.org/stable/4488778
[12] Owsiak S. 2018. Finanse publiczne, Wydawnictwo Naukowe PWN SA, Warszawa 2018, s. 392.
[13] Postuła M. 2018. Impact of performance budgeting on the structure of expenditure: the experiences of euro area countries, Optimum. Economic Studies, 3 (93). DOI:10.15290/oes.2018.03.93.12
[14] Posuła M. 2018. Ten years of performance budget implementation in Poland- successes, failures, future, IBSN 978–83–65696–08–3, 2018, Warsaw, DOI: 10.15290/oolscprepi.2018.17
[15] Pyhrr, P. A. (1977). The Zero-Base Approach to Government Budgeting. Public Administration Review, 37(1): 1–8. DOI: https://doi.org/10.2307/974503
[16] Robinson M., Brumby J. 2005. Does Performance Budgeting Work? An Analytical Review of the Empirical Literature, Working Paper, International Monetary Fund, no. 122, s. 3-4.
[17] Rubin, LS. 2000. The Politics of Public Budgeting, Chatham House Publishers, Nowy Jork 2000, s. 88.
[18] Schick, Allen. 1971. Budget Innovation in the States. Washington, D.C.: The Brookings Institution.
[19] Sembiyeva, L. et al. 2023. The Relationship between Tourism and the Efficiency of Budget Investments as Important Area of Strategic Audit. Journal of Environmental Management and Tourism, sep. 2023. ISSN 2068-7729
[20] Sikorski J. 2011. Budżet zadaniowy- wybrane problemy, Sigma SPJ, Skierniewice 2011.
[21] Strielkowski, W.; LISIN, E. 2017. Economic Analysis of Renewable Energy Sources in European Union. Journal of Environmental Management and Tourism, feb. 2017. ISSN 2068-7729
[22] Zeller, T. L., and Metzger, L. M. 2013. Good Bye Traditional Budgeting, Hello Rolling Forecast: Has The Time Come?. American Journal of Business Education (AJBE), 6(3): 299–310. DOI: https://doi.org/10.19030/ajbe.v6i3.7810
[23] Optimization of Organization and Legal Solutions concerning Public Revenues and Expenditures in Public Interest (Conference Proceedings), ed. Ewa Lotko, Urszula K. Zawadzka-Pąk, Michal Radvan, Bialystok-Vilnius 2018, s. 243-261; DOI:10.15290/oes.2018.03.93.12
[24] https://one.oecd.org/document/GOV/SBO(2023)1/en/pdf, 19 January 2023
[2] Berland, N., Curtis, E. and Sponem, S. 2018 .Exposing organizational tensions with a non-traditional budgeting system. Journal of Applied Accounting Research, Vol. 19.
[3] Chalastra M. 2021. Tasks of Modern Budgeting, Digitalization in Finance and Accounting, Springer Proceedings in Business and Economics ISBN 978-3-030-55276-3 ISBN 978-3-030-55277-0, eBook. DOI:https://doi.org/10.1007/978-3-030-55277-0
[4] Christian Ax and Elin Ax 2022. When the supply side of a management accounting innovation fails – the case of beyond budgeting in Sweden. Accounting and Business Research, 52(4): 443-478. DOI:10.1080/00014788.2021.1935685
[5] Kezembayeva, G. B. 2019. Development of Methods for Calculating the Environmental and Economic Efficiency of Waste Treatment Technologies. Journal of Environmental Management and Tourism. ISSN 2068-7729
[6] Kong, D. 2023. Performance-Based Budgeting: The U.S. Experience. Public Organization Reviewer, 5: 91–107 (2005). DOI: https://doi.org/10.1007/s11115-005-1782-6
[7] Michalczuk G., Salachna J. and Zawadzka-Pąk U. 2017. Usprawnianie zarządzania w samorządzie terytorialnym poprzez budżet – od budżetu tradycyjnego i zadaniowego do budżetu efektów, Wolters Kluwer, Warszawa, s. 55-58
[8] Moller, K., Controller Process Model 2.0. Haufe-Lexware GmbH and Co. KG, 2018, s. 32.
[9] Neely, A., Bourne, M. Adams, C. 2003. Better budgeting or beyond budgeting, Measuring Business Excellence, Vol. 7 No. 3, pp. 22-28. DOI: https://doi.org/10.1108/13683040310496471
[10] Nieplowicz, M. 2017. Zarządzanie i Finanse, Journal of Management and Finance, 15(2/2/2017), s.91-92.
[11] Olsen, J. P. 2004. The 2003 John Gaus Lecture: Citizens, Public Administration and the Search for Theoretical Foundations. PS: Political Science and Politics, 37(1): 69–79. JSTOR, http://www.jstor.org/stable/4488778
[12] Owsiak S. 2018. Finanse publiczne, Wydawnictwo Naukowe PWN SA, Warszawa 2018, s. 392.
[13] Postuła M. 2018. Impact of performance budgeting on the structure of expenditure: the experiences of euro area countries, Optimum. Economic Studies, 3 (93). DOI:10.15290/oes.2018.03.93.12
[14] Posuła M. 2018. Ten years of performance budget implementation in Poland- successes, failures, future, IBSN 978–83–65696–08–3, 2018, Warsaw, DOI: 10.15290/oolscprepi.2018.17
[15] Pyhrr, P. A. (1977). The Zero-Base Approach to Government Budgeting. Public Administration Review, 37(1): 1–8. DOI: https://doi.org/10.2307/974503
[16] Robinson M., Brumby J. 2005. Does Performance Budgeting Work? An Analytical Review of the Empirical Literature, Working Paper, International Monetary Fund, no. 122, s. 3-4.
[17] Rubin, LS. 2000. The Politics of Public Budgeting, Chatham House Publishers, Nowy Jork 2000, s. 88.
[18] Schick, Allen. 1971. Budget Innovation in the States. Washington, D.C.: The Brookings Institution.
[19] Sembiyeva, L. et al. 2023. The Relationship between Tourism and the Efficiency of Budget Investments as Important Area of Strategic Audit. Journal of Environmental Management and Tourism, sep. 2023. ISSN 2068-7729
[20] Sikorski J. 2011. Budżet zadaniowy- wybrane problemy, Sigma SPJ, Skierniewice 2011.
[21] Strielkowski, W.; LISIN, E. 2017. Economic Analysis of Renewable Energy Sources in European Union. Journal of Environmental Management and Tourism, feb. 2017. ISSN 2068-7729
[22] Zeller, T. L., and Metzger, L. M. 2013. Good Bye Traditional Budgeting, Hello Rolling Forecast: Has The Time Come?. American Journal of Business Education (AJBE), 6(3): 299–310. DOI: https://doi.org/10.19030/ajbe.v6i3.7810
[23] Optimization of Organization and Legal Solutions concerning Public Revenues and Expenditures in Public Interest (Conference Proceedings), ed. Ewa Lotko, Urszula K. Zawadzka-Pąk, Michal Radvan, Bialystok-Vilnius 2018, s. 243-261; DOI:10.15290/oes.2018.03.93.12
[24] https://one.oecd.org/document/GOV/SBO(2023)1/en/pdf, 19 January 2023
Published
2023-12-08
How to Cite
LEPCZYŃSKA, Anna SIEMIONEK-; CHALASTRA, Michał.
Task-Based Budgeting in Environmental Projects Planning: A Case Study of a Manufacturing Company in Poland.
Journal of Environmental Management and Tourism, [S.l.], v. 14, n. 7, p. 2968 - 2974, dec. 2023.
ISSN 2068-7729.
Available at: <https://journals.aserspublishing.eu/jemt/article/view/8247>. Date accessed: 21 may 2024.
doi: https://doi.org/10.14505/jemt.v14.7(71).13.
Section
Article
Copyright© 2023 The Author(s). Published by ASERS Publishing 2023. This is an open access article distributed under the terms of CC-BY 4.0 license.