Features of the organization of budget accounting in institutions of the public sector of the economy

The public sector is a part of the country’s economy that is fully controlled by the state. The public sector of the economy should be understood as a set of institutions that are state-owned and managed by public authorities. Through them, the state implements its functions for the social reproduction of goods. The institutions of the public sector of the economy include budgetary, state-owned and autonomous institutions that perform work and provide services in accordance with state (municipal) assignments. The successful operation of public sector institutions is impossible without a clear organization of budget accounting in them and the formation of budget reporting based on its data. The article focuses on the problems and peculiarities of the organization of budget accounting in institutions of the public sector of the economy. The similarities and differences between budgetary, state-owned and autonomous institutions and their impact on accounting and budget reporting are presented.