@article{rakos2016cost,
  title = {Cost Budgeting — A Relevant Instrument for Improving the Performances of a Coal Mine Case Study: Jiului Valley, Romania},
  author = {Ileana-Sorina Rakos and Mariana Man},
  year = 2016,
  url = {https://ibimapublishing.com/articles/JAARP/2016/920413/},
  journal = {Journal of Accounting and Auditing: Research & Practice},
  volume = (2016),
  pages = 22,
  doi = 10.5171/2016.920413,
  abstract = {In the present article, the authors aim to highlight the importance of turning into monetary units the action program of the mines, as they are currently facing a major problem regarding the maintaining of a balance between their expenses and incomes, because the expenses for the realization of their production highly exceed the level of their incomes coming from the achieved production sale. Starting from the state-of-the-art in the literature on cost-based budgeting in the mines, the present study focuses on the present situation of the coal region known as Jiului Valley. Actually, the authors propose a cost budgeting model - as a means of control for the management - based on the example of the mines of Jiului Valley. The research in the field has been the basis of the applicative study, and it has been able to prove the viability of organizing the management accounting of the Romanian mines, in order to improve their performances. At the end of the present article, the authors express their conclusion regarding the importance of extending the successful implementation of cost budgeting in the companies of the entire country.
 },
  keywords = {budget, cost budgeting, performance, coal mining industry},
  note = Article ID: 920413
}