Place and Role of Accounting in Management of Budgetary Institutions

The article revises the place and role of accounting and accountants as its speakers in the system of budgetary institutions. Analyzed is the scientific and legal vectors where the concept of the place and role of accounting in the management of budgetary institutions is formed and, accordingly, approved. It is determined that the current understanding of the role of accounting in the management of institutions is defined two levels of perception - technical (accounting as a process of providing information for decision-making) and systemic (accounting is a system, whose information the managerial serves purposes). This approach to understanding of the role of accounting does not fully meet the objective reality, because in practice the accounting department is the only element in the budget of the institution which has effective control over the availability and flow of the property of an institutions and the use of the financial resources entrusted to it by the State for specific business purposes. In such circumstances, the accounting system is not just a service system to provide information on the activities of institutions, but an active and crucial advisor and controller over the administrative apparatus of an institution in all matters relating to its business. Due to the significant increase in the role of accounting in the management of budgetary institutions the article established the theoretical substantiation of the transition of accounting from technical and service system to a separate system of management of the institution's property and finances, as well as to a meaningful institute of influence on the overall management.