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 152
- Downloads 0
Budget accounting in Ukraine as XXI century innovation
The article describes the results of budget accounting modernization in Ukraine; the authors examine its subject and object field and causes as the output problematic provisions, the set of the tasks defined by the Strat...
Development of forms of organization of economic analysis of the formation and implementation of public-private partnership
In the course of the research, the articles were analyzed, which became the basis for building the theoretical and methodological basis of the development of forms of organization of economic analysis of the formation an...
Mechanism of formation and accounting provision of social component reporting on sustainable development
The study reports the social component of sustainable development mechanism for improving its performance by compiling the reporting algorithm on sustainable development for accounting data. The article outlines the dire...
Transformation of accounting business processes in emergencies
In the article the transformation of the accounting business processes in emergency situations. The models identify the consequences of emergencies, which is the basis for the transformation of the elements method of acc...
Ecological marketing as instrument of steady development providing
Anthropogenic influence upon environment and its results cause ecological disbalance of a natural system, destroy of biological connection between a human being and nature. That’s why it’s necessary to protect environmen...