This article examines the strategic role of budgeting within the financial planning system of an enterprise. Budgeting is explored not only as a tool for resource allocation and cost control but also as an integral component of long-term and short-term financial planning. The study highlights how budgeting contributes to the formulation and achievement of financial objectives, supports managerial decision-making, and reinforces financial discipline. Emphasis is placed on the differentiation between strategic and operational financial plans and the practical challenges associated with budgeting implementation. The analysis also considers the variability of budgeting practices across enterprises based on their financial goals and organizational structures. The findings underscore the importance of aligning departmental budgets with overarching corporate strategies to enhance financial stability and sustainable growth.

Budgeting, financial planning, strategic financial management

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