The controlling function confirms or not the
compliance or noncompliance of the results with the predetermined objectives, highlighting
occurred deviations and the causes that produced them. Budget controlling compares costs,
revenues and actual performance with the budget so that, if necessary, it can be reviewed and
corrective measures can be applied. This paper also includes a case study in a Romanian
company and the collected data will be valued and interpreted in detail. Not all managers in
our country understand the importance of budgeting. The aim of this study is to demonstrate
the necessity of budgets in planning and controlling of a company’s activity