IMPROVEMENT OF COST ACCOUNTING INNOVATIVE ACTIVITY

Journal Title: Сталий розвиток економіки - Year 2016, Vol 33, Issue 4

Abstract

Purpose – to provide scientifically based proposals to improve cost accounting innovation activity. Methodology of research. The study used a general scientific and specific knowledge of methods: methods of logical analysis, synthesis, induction and deduction (at clarifying the meaning of "cost innovation"); method of systematic study of business processes (the development of practical recommendations to improve cost accounting innovation); abstract logical method (with a synthesis of theoretical positions, establishing causal relationships and forming conclusions and suggestions). Findings. It was considered scientific approaches to classification of expenditure innovation activity on different grounds. Scientists analyzed the proposed methodological approaches to display innovation in cost accounting. Grounded scientific guidelines to improve cost accounting innovation via coding invoices eighth grade "Expenses on elements" for the classifications, depending on management objectives and characteristics of innovation activities in the enterprise. Originality is a substantiation of methodical provisions on administrative coding principles accounts eighth grade under the innovative direction of the company. Proposed encoding management accounts for expenditures innovation combined classification attributes responsibility center, expenditure, type of costs and other indicators at the discretion of management based on management objectives and characteristics of innovation activities in the enterprise. Practical value is that the main provisions of the study in the form of practical recommendations can be used by business entities to improve cost accounting innovation.

Authors and Affiliations

Olha Panchenko, Natalia Voronova

Keywords

Related Articles

FEATURES OF IMPLEMENTATION OF ANTI-CRISIS CONTROL AS AN INSTRUMENT FOR PREVENTION OF THE BANKRUPTCY OF THE ENTERPRISE

Purpose. Investigation of necessity and possibilities of implementation of the system of crisis financial control at the enterprise. Methodology of research. To achieve the goal in the research process, the following met...

ORGANIZATIONAL AND ECONOMIC PRINCIPLES OF BUDGETING AS THE BASIS FOR TACTICAL PLANNING OF ACTIVITY OF POULTRY ENTERPRISES

Purpose. The aim of the article is to develop the theoretical positions and practical recommendations for the system of budgeting in poultry enterprises as a component of tactical planning of economic activity. Methodolo...

THE IMPLEMENTATION OF INFORMATION TECHNOLOGY ON TOURISM COMPLEX BUSINESS

Purpose. The aim of the article is to provide theoretical and practical statements, causing the growing influence of information technology on the effective activity of the enterprise of tourist complex. Methodology of r...

FORMATION OF ACCOUNTING POLICIES OF THE ENTERPRISE REGARDING PAYMENTS FOR INSURANCE

Purpose of clarification and provide scientific justification features of formation of accounting policy regarding payments for insurance. Methodology of research. The study used a general scientific and specific metho...

APPROACHES TO THE ORGANIZATION OF INTERACTIONS OF STAKEHOLDERS ON THE MARKET FOR TRAINING OF SEAFARERS

Purpose. The aim of the article is to develop tools for interaction of stakeholders on the market for training of seafarers on the basis of functioning foundation funds. Methodology of the study. The following methods we...

Download PDF file
  • EP ID EP202373
  • DOI -
  • Views 101
  • Downloads 0

How To Cite

Olha Panchenko, Natalia Voronova (2016). IMPROVEMENT OF COST ACCOUNTING INNOVATIVE ACTIVITY. Сталий розвиток економіки, 33(4), 133-140. https://europub.co.uk/articles/-A-202373