The determination of expenditure management features in the system of formation of economic security strategy and sustainable development of domestic enterprises
Journal Title: Економіка. Фінанси. Право - Year 2018, Vol 7, Issue
Abstract
The article describes the essence of costs in the accounting and economic interpretation and specifies the features of their management at various hierarchical levels, the model of strategic cost management system in the enterprise. A system of cost management to consider when forming a strategy of economic security and sustainable development in the light of certain costs substantially, existing methods of accounting and control, and cost management levels in the company, its strategy and cost management functions. The article proposes to consider the allocation of levels of management of production costs in the system of their management for ensuring economic safety and sustainable development as an important condition for creation of an effective system for managing production costs. The article is defined that strategic cost management strategy in the formation of economic security and sustainable development related to the search of approaches to their reduction and optimization to match the competitive strategy of the company and allow the company to maximize its profits in the long term and strengthen its market position. The paper found that the operational and tactical cost management based on comprehensive technical and economic analysis of the enterprise: the study of technical and organizational level of production of fixed assets, labor, economic ties. The article defines strategy in the formation of economic security and sustainable development is the management is continuous through continuous identification of deviations of actual costs of the plan and variance analysis, the problem is reduced to obtain timely information on the change in the cost. The study established that the basis of operational cost management is cost accounting (commercial registration), which is part of the management cost control, the problem is reduced to minimize deviations from the norm.
Authors and Affiliations
O. V. Latysheva, S. V. Kasianiuk, M. Yu. Miliavskyi
Keywords
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