DRAWING UP THE FINANCIAL BUDGET IN THE CASE OF A
        PUBLIC TRANSPORTATION COMPANY

                           Sorin Adrian Achim, Lecturer PhD
                        „Babeş-Bolyai” University of Cluj-Napoca
                              sorin.achim@econ.ubbcluj.ro

                          Monica Violeta Achim, Lecturer PhD
                        „Babeş-Bolyai” University of Cluj-Napoca
                            monica.achim@econ.ubbcluj.ro

                           Mirela-Oana Pintea, PhD Student
                        „Babeş-Bolyai” University of Cluj-Napoca
                           mirela.pintea@econ.ubbcluj.ro

                           Alin - Ionel Ienciu, PhD Student
                       „Babeş-Bolyai” University of Cluj-Napoca
                             alin.ienciu@econ.ubbcluj.ro


ABSTRACT: The drawing up of the companies’ budget represents one of the most
important instruments through which is accomplished an efficieny management, the
evaluation of companies’ performances and personnel motivatio. Public local
transportation companies usually use budgets as comparison benchmarks for the
performances they obtain in their current activity. These bidgets represent an
essential part in the unfolding of each company’s activity. This paper presents the
drawing up of the financial budgets with a public local transportation company,
referring to the drawing up of purchase budgets, investments budgets and cash flows
budgets.

Keywords: financial management, budget, financial budget, profit center

JEL Codes: M 41