FORMATION OF NEW ACCOUNTING AND ANALYTICAL MECHANISMS IN THE COST MANAGEMENT SYSTEM

Abstract

Introduction. Changes in business processes affecting the diversity and enterprise spending require improving management costs. Methods. General scientific methods of analysis, synthesis, simulation, systematic method, synthesis; elements method of accounting: balance method, accounting, double entry were used. Results. classification features of different costs types were considered. The attention to performance interconnection forms of financial reporting was payed. A recognition algorithm costs were analyzed. The system of determining the costs appropriateness was formulated. Discussion. Automating the process of making decisions on assigning costs to a reference period, on the feasibility of costs, performance analysis and evaluation costs the company lost revenue.

Authors and Affiliations

Dmitry Lazarenko, Stanislav Sirenko

Keywords

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  • EP ID EP185233
  • DOI -
  • Views 125
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How To Cite

Dmitry Lazarenko, Stanislav Sirenko (2016). FORMATION OF NEW ACCOUNTING AND ANALYTICAL MECHANISMS IN THE COST MANAGEMENT SYSTEM. The Institute of Accounting, Control, and Analysis in the Globalization Circumstances, 2(2), 100-106. https://europub.co.uk/articles/-A-185233