Place and Role of Budgeting in the System of Methods of Managerial Accounting of Cluster Contractual Relationship

The purpose of the article is to determine the place and role of budgeting in the system of methods of managerial accounting of contractual relationship of cluster. The research was conducted within the concept of institutional economy, concept of enterprise management, concept of financial management, and concept of clustering of economy. This determined the choice and use of the methodology of the research, based on the method of institutional, financial, problem, systemic, and structural & functional analysis, synthesis, induction, deduction, formalization, and modeling of economic systems. The authors determined the specifics of management of contractual relationship of cluster, analyzed the system of methods of managerial accounting of contractual relationship of cluster, and determined problems and perspectives and developed recommendations for development of budgeting as a ley method of managerial accounting of contractual relationship of cluster. As a result, the authors came to the conclusion that budgeting occupies the central place and performs the key role in the system of methods of managerial accounting of contractual relationship of cluster.