Synthesis of budgeting and accounting standard method for «responsibility centers» as information engineering base of operating activities of enterprise
Journal Title: Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу: міжнародний збірник наукових праць - Year 2016, Vol 34, Issue 1
Abstract
Market conditions have caused the necessity of introduction at Ukrainian enterprises such a new economic mechanism as financial engineering based on the new approach of synthesis budgeting, «responsibility centers» and managerial accounting by the statutory method in the option of «Direct-costing» (direct costs). The new register «Report of the responsibility center about the work of the pair» which is created in direct costs, is offered for controlling of indexes of the proven budgets about their actual implementation. The main results of the research are: the clear definition of «centers of responsibility» and liability of managers for each item of estimates (budget); the creation of the accounting data signal system about the deviations from standards and changing of the budget norms; the development of operational, accounting records for daily cost accounting; the development of the graphs of document flow on each «responsibility center», which will provide the drafting of internal reporting for implementation of informational indicators, which give an opportunity to evaluate and to control, to predict and to plan the «responsibility centers» activity of an enterprise and also of some of its managers. Scientific novelty and practical value lie in the capacity of «Direct-costing» in terms of financial engineering: 1) it provides rapid determination of budget implementation and the actual cost of production; 2) it allows to determine the «break-even point» which enables to regulate it by options for varying the direct costs or volume and price for selling; 3) according to this method there is no necessity to allocate managerial fixed costs for types of products, as we cannot include them into the results of an enterprise activity.
Authors and Affiliations
I. A. Herasymovych
Keywords
Related Articles
- EP ID EP274469
- DOI -
- Views 162
- Downloads 0
Methodological aspects of network assets accounting
The necessity of using innovative tools of processing and representation of information about network assets is substantiated. The suggestions for displaying network assets in accounts are presented. The main reasons for...
Classification of risks in the process of financial planning
The essence of the concept «risk» in the process of financial planning is studied. The classification of risks was conducted. The article provides the full enough and detailed system of classification of risks in the pro...
Economic analysis of business processes of forestry enterprises
The article analyzes the research of scientists who devoted their works to the analysis of forestry activities. Two main forms of statistical reporting, which record the information on the performance indicators of fores...
Land inventory: accounting practical aspect
The article studies the methodical approaches to land inventory as absolute ownership and received for use from other persons. The normative regulation of land inventory for land management purposes and its influence on...
The procedure of evaluating the quality of accounting software
The article gives an overview of literary sources regarding the issues of software efficiency and reliability; analyzes international standards that regulate the qualitative characteristics of software products at differ...