FEATURES OF METHODOLOGY COSTING AT THE ORE MINING AND PROCESSING ENTERPRISES
Journal Title: The Institute of Accounting, Control, and Analysis in the Globalization Circumstances - Year 2016, Vol 4, Issue 4
Abstract
Introduction. The main condition for the effective management of industrial enterprise in the market economy is the completeness, accuracy and timeliness of information about its financial and operating activities. At the same time it is very important to organize the management accounting that provides managers of various levels of management with timely and analytical information about the costs, on the basis of which it is possible to make decisions that will have beneficial effect on the financial and operating activities. Thus, operational management can be defined as very complex, time consuming and multielement process. Therefore the system of management accounting is also complex and involves a large number of elements, characterized by sufficient scope of information. Methods. The study was based on the logical and dialectical method of cognition. Methodical research tools are consisted from economic and statistical methods (comparison, group, index, sample observation), economic and mathematical methods (modeling). Results. The methodological and organizational features of the system for calculation of prime cost are investigated. The method of calculation of the cost of production, which makes it possible to manage cost at the stage of forecasting costs (expediency of regulatory and normative combination of the method of calculation and the principles of "Kaizen-costing" to determine normative (planned) cost), and in determining the actual cost is substantiated). Discussion. The obtained results during the study can be used in the practice of industrial enterprise and trade activity of this enterprise.
Authors and Affiliations
Katya Kyzminska
Keywords
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