The importance of accounting, management and tax accounting in budgetary institutions

Accounting provides objective information about the financial condition of budgetary institutions for internal and external stakeholders. Management accounting aims to improve the efficiency of resource use and support management decision-making, while tax accounting ensures compliance with legal norms in financial and economic transactions. The relevance of this study is due to the fact that the complementary use of these accounting types contributes to the stable operation and further development of budgetary institutions. The following methods were used in the study: analysis, grouping, comparison, and generalization. This article reveals the specifics of accounting, management, and tax accounting in budgetary institutions. It examines a number of significant aspects of accounting in budgetary institutions, from the existence of specific regulatory legal acts governing its procedures to the use of a complex account coding system. Furthermore, the article reveals the specifics of the development of management accounting in budgetary institutions, which is becoming increasingly relevant today, as its implementation ensures the effective and targeted use of public resources. The article also examines tax accounting, which is particularly important for calculating and paying taxes, monitoring tax compliance, preventing financial violations, and assessing budget forecast performance and the institution’s financial stability. It concludes that each of the accounting types considered plays a significant role in ensuring the effective operation of budgetary institutions, facilitating the integrated management, planning, and control of their financial and economic processes. The results of the study will be of interest to practicing specialists in the field of accounting for budgetary institutions, as well as the academic community engaged in research in the public sector.