scholarly journals DETERMINATION OF DIRECTIONS OF IMPROVEMENT THE ORGANIZATIONAL AND ECONOMIC MECHANISM OF DIVERSIFICATION OF USED RESOURCES AND MANAGEMENT OF PRODUCTS MANAGEMENT

2021 ◽  
Vol 23 (1(78)) ◽  
pp. 75-83
Author(s):  
O.M. HUTSALIUK ◽  
IU. А. BONDAR ◽  
N.V. HAVRYLOVA ◽  
YE.V. KOVALENKO-MARCHENKOVA
Keyword(s):  
Management Accounting ◽  
Livestock Production ◽  
Production Costs ◽  
Accounting System ◽  
Agricultural Enterprise ◽  
Livestock Products ◽  
Diversification Mechanism ◽  
The Cost ◽  
Competitive Products ◽  
Management Accounting System

Topicality. In the context of globalization of the world economy, enterprises of different industries, associated with the interpenetration of technology and capital, are diversifying their financial and economic activities. The effectiveness of its implementation directly depends on the timely focus on the types of goods, works, services that are in demand and competitive. Research on the competitiveness of products of various sectors of the economy is becoming increasingly important. The production of competitive products and ensuring the sustainable position of small and medium-sized enterprises in the agricultural market requires a change in production costs by creating a perfect management accounting system, which provides internal users with information for effective management. After all, the level of competitive products and the results of economic activity of the enterprise largely depend on the level of costs.Aim and tasks. The purpose of writing this study is to identify areas for improving the mechanism of diversification of resource use and cost management in small and medium-sized businesses.Research results. In order to effectively implement the diversification mechanism in the complex of agricultural enterprises, it is necessary to solve a number of micro- and macroeconomic problems. Particular attention should be paid to determining areas for improving the organizational and economic mechanism for diversification of resources used and cost management.The sphere of agriculture as animal husbandry, which remains one of the main branches of agriculture of small and medium business, in relation to the production of competitive products, is studied. Despite the large amount of research, the issues of regulation and optimization of livestock production costs in the management accounting system remain unclear. Theoretical and methodological developments aimed at determining the methods of regulation and optimization of costs for livestock production in the management accounting system, which determines the relevance of the selected topic.The regulation and optimization of costs for livestock production in the management accounting system, the expansion of the concept of «costs», methods of accounting for livestock costs and the main points of cost accounting in production.The production of competitive products and ensuring a stable position of enterprises in the agricultural market requires a change in the cost of livestock products by creating a perfect management accounting system that allows internal users to provide information for effective management.It is noted that in theory and practice there are a number of features of the classification of costs, which take into account various aspects of the agricultural enterprise and form a variety of information for effective management decisions. Thus, experience and research show that the organization of management accounting within a particular agricultural enterprise, focused on meeting the specific information needs of the management system, will ensure its success in dynamic economic conditions and help solve a wide range of problems to optimize livestock production costs.Conclusion. Based on the study, it can be stated that the improvement of the diversification mechanism should be defined as a set of methods and forms of management activities aimed at identifying and rational use of the most profitable opportunities to achieve the goals. The management system of production diversification includes methods and procedures of analysis, planning and control, as well as feedback, which allows to improve the quality of management decisions.Further research has been formed on the formation of a system of accounting for the cost of livestock products, capable of generating information flows for management decisions, which requires a sound approach to determining the objects of accounting and costing, establishing their relationship and interdependence.

scholarly journals ANALISIS PERANAN ACTIVITY BASED COSTING SYSTEM PADA PT. TIRTA MAHAKAM RESOURCES TBK. DI SAMARINDA

2019 ◽  
Vol 3 (1) ◽  
pp. 25
Author(s):  
Umar Hi Salim
Keyword(s):  
Management Accounting ◽  
Accounting System ◽  
Activity Based Costing ◽  
Traditional Management ◽  
Accounting Systems ◽  
Cost Center ◽  
The Difference ◽  
Costing System ◽  
The Cost ◽  
Management Accounting System

The purpose of this paper is to find out the magnitude of the results of the imposition of Factory Overhead Costs on each product by implementing the Activity Based Costing System. The calculation results show that the difference in the burden of factory overhead using the traditional management accounting system with Activity Based Costing System shows that there are differences in each product, Plywood, Sawmill and Fancywood absorb factory overhead costs with traditional management accounting systems lower than Activity Based methods. Costing System (ABC) with costs of Rp. 5,056,946,700, -, Rp. 955,958,600 and Rp. 1,311,464,900 respectively, while Blockboard and Coating products absorb factory overhead costs using the Activity Based Costing System (ABC) method more. lower than the traditional management accounting system method with costs of Rp. 4,994,382,200 and Rp. 2,315,936,800The results of the per M3 cost calculation using the traditional management accounting system with Activity Based Costing System for each type of product produced by PT. Tirta Mahakam Resources Tbk. For Plywood, Sawmill and Fancywood products the difference in cost of goods with traditional accounting systems is lower than the activitybased costing system, while Blockboard products and coatings have a difference in the cost of products with an Activity Based Costing System lower than traditional accounting systems. The results of the calculation of product cost of the five products with the imposition of factory overhead costs using Activity Based Costing System illustrate the pattern of consumption of factory overhead costs which better reflects the amount of costs absorbed by each product. This is due to the fact that the Activity Based Costing System has a more cost center, so that the use of resources can be followed carefully to the cost center that consumes it. Thus, it can be seen that the Activity Based Costing System results in the loading of factory overhead costs which better reflect the amount of costs absorbed by each product than the traditional management accounting system.

scholarly journals Accounting Policies Regarding the Cost Accounting of Agricultural Enterprises Production Units

2020 ◽  
pp. 5-9
Author(s):  
Iryna Babich ◽  
◽  
Alona Datsiuk ◽  
Keyword(s):  
Information Needs ◽  
Production Costs ◽  
Enterprise Management ◽  
Maximum Efficiency ◽  
Accounting System ◽  
Enterprise Information ◽  
Financial Condition ◽  
Agricultural Enterprise ◽  
Study Results ◽  
The Cost

The existence of the possibility of choosing various options for the accounting methodology of certain objects from legally regulated alternatives allows to create an optimal accounting system adapted to the enterprise information needs. The purpose of the article is to disclose certain provisions of the accounting policies of an agricultural enterprise concerning the objective presentation in the accounting system of information on the costs of production units. The basic principles of choosing elements of the accounting policies of an agricultural enterprise were revealed. The study results show that it is advisable to include in the order on accounting policies also information related to ensuring control of production costs, the formation of the cost of finished products. Thus, when choosing elements of accounting policies, one should focus not only on the information needs of the accountant, but on the requests of all management personnel. This approach ensures the strengthening of accounting and analytical functions in enterprise management, allows to quickly responding to changes in the production process. It was revealed that accounting policies of an agricultural enterprise affects on: the size of the cost of crop and livestock products, profit, income tax, indicators of the financial condition of the enterprise. Therefore, the optimal model of the accounting policies of the enterprise creates the prerequisites for maximum efficiency of economic activity, forms accounting information for internal and external users. Taking into account the features of the formation of production costs disclosed in the article will contribute to the expansion of accounting and analytical support for managing the results of agricultural production.

scholarly journals Costs as a Basic Component of the System of Accounting and Analysis of Livestock Production

2020 ◽  
Vol 22 (1) ◽  
pp. 50-58
Author(s):  
Tetiana Mulyk ◽  
Keyword(s):  
Animal Husbandry ◽  
Livestock Production ◽  
Basic Component ◽  
Production Costs ◽  
Efficient Production ◽  
Economic Activities ◽  
Livestock Industry ◽  
Current Trends ◽  
Livestock Products ◽  
The Cost

Introduction. The need to ensure efficient production of livestock products dictates the need to improve accounting and analytical support for the management of this process, and in particular the costs that are the main factor in the formation of the cost of livestock products. Purpose. The purpose of the article is to assess current trends in the livestock industry and study the essence of the concept of “costs”, determine their economic content and their importance as a basic component of the system of accounting and analysis of livestock production. Results. The article examines the costs as a basic component of the system of accounting and analysis of livestock production. The role of the livestock industry in food security, development of agricultural production and the country’s economy has been demonstrated. Production volumes and livestock has been analyzed. It has been noted that in today’s conditions, the peculiarity of the industry is the reduction of production and livestock, which occurs in farms of all forms of ownership. It has been determined that the main objects of accounting and analysis, control of which belongs to the competence of the enterprise, are costs. A critical assessment of similar categories: as “costs”, “costs” and “cost” has been introduced. It has been established that cost management in essence is the management of all economic activities of the organization, as it covers all aspects of production processes carried out at the enterprise. Accordingly, the main tasks of accounting for production costs has been identified. Concepts such as: cost centers, places of their origin, responsibility centers has been studied. Based on the development of P (S) BU 16 “Costs” structurizing of the enterprise costs has been made. The purpose, objectives and sources of cost analysis in the field of animal husbandry and the features of this industry, which must be considered in the organization of accounting and analysis has been determined. Conclusions. The process of production of livestock products is accompanied by the incurrence of costs, which either form the cost of finished products, or are recognized as expenses of the period. The costs incurred before the sale of products are often called costs. This indicates that the category of “costs” is decisive and fundamental for the interpretation and development of the essence of the concepts of “costs” and “cost”. This understanding allows to eliminate the ambiguity of interpretation in the categorical apparatus of accounting and to build a concept of organization of accounting and analysis in general and in the field of animal husbandry, in particular.

MANAGEMENT ACCOUNTING IN THE MANAGEMENT SYSTEM OF A MEDICAL ORGANIZATION

2020 ◽  
Vol 6(72) (2) ◽  
pp. 75-81
Author(s):  
V. I. Kolesnik ◽  
I. S. Toropova
Keyword(s):  
Management System ◽  
Information Needs ◽  
Management Accounting ◽  
Economic Life ◽  
Accounting System ◽  
Medical Organization ◽  
Time Service ◽  
Modern Management ◽  
The Cost ◽  
Management Accounting System

The emergence and growth of the number of market-oriented organizations led to the introduction of management accounting into economic life. A well-established system of management accounting and reporting for managers of different levels is necessary for the highly effective work of a modern medical organization. At the same time, innovative approaches to management, the emergence of new forms of economic relationships, the constantly growing information needs of managers of the organization, the increase in the level of socialization and intellectualization of society have led to the emergence of new accounting objects. The allocation of management accounting in the system of economic accounting, along with accounting, statistical, operational and tax, is fixed at the legislative level. However, the organization determines the formation of this type of accounting to meet the information needs of management independently, which is also stipulated by law. The theoretical and methodological aspects of management accounting have been studied by many foreign and domestic scientists, but today the potential of accounting in the field of management of health care institutions, the essence of its system methodology, without understanding which the full use of its tools is complicated. There are no studies that would comprehensively cover the problems of management accounting in medical organizations in this area, which has determined the relevance and timeliness of this work. The article is devoted to the organization and management of accounting in medical organizations. The article substantiates the need to implement management accounting in the management system of a medical organization. The introduction of management accounting is considered as one of the factors for improving the efficiency of the medical organization’s management system. The article considers the classification of management accounting tools, outlines its range of tasks, taking into account the specifics of the medical organization, describes the conditions for effective management accounting in medical organizations, the problems of implementing and functioning of management accounting, the main approaches to the formation of the concept of modern management accounting for medical organizations. A management accounting system can be effective in healthcare institutions if it takes into account current trends in the industry and the economy as a whole. In the modern understanding of the term «management accounting», more and more emphasis is placed on the word «management», since the organization and methodology of this type of accounting is aimed at solving management tasks. The emergence and existence of management accounting is due to a specific goal-to help internal users make more informed decisions and is aimed at generating information for internal users to make management decisions. However, it is not regulated by generally accepted principles and is organized by the company independently. However, traditional approaches to the concept that the accounting system should include only internal information, and activities are considered as one main item of expenditure of the organization, are currently unacceptable. The system of domestic accounting should be focused not only on the production of services, but also on the market. At the same time, service-oriented thinking should change to patient-oriented thinking. Management accounting plays an important role in solving predictive tasks. The organization of management accounting in the healthcare industry provides for the need to take into account a number of factors that have a primary impact and are determined by the specifics of the activity. Each medical organization develops a management accounting system based on its own needs and work specifics. The cost of developing and further operating a management accounting system should not exceed the economic benefit of its implementation. The main approaches to forming the concept of modern management accounting for medical organizations are the introduction of new cost accounting systems and new approaches to calculating the cost of medical services provided. The experience of many medical organizations shows that the practical application of management accounting, unfortunately, has not yet received proper distribution, due to an unsolved range of problems. In modern conditions, this issue is extremely relevant and requires research.

scholarly journals The use of accounting outsourcing in small agricultural enterprises

2021 ◽  
Vol 285 ◽  
pp. 01002
Author(s):  
Sergey Yekimov ◽  
Viktoriia Nianko ◽  
Serhii Harkusha ◽  
Oksana Burlitska ◽  
Tetiana Gavrilko
Keyword(s):  
Reporting System ◽  
Management Accounting ◽  
Production Costs ◽  
Effective Control ◽  
Batch Method ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise ◽  
Cost Of Production ◽  
The One ◽  
The Cost

Accounting and management accounting at an agricultural enterprise reflects the results of economic and financial activities. The success of the company’s operation largely depends on the performance of its accounting functions. The article deals with the problems of setting and maintaining management accounting at agricultural enterprises. The necessity of using accounting outsourcing in small agricultural enterprises is justified. Calculating the cost of production of an agricultural enterprise is an important problem on the way to reducing it. To effectively calculate the cost of production, an agricultural enterprise should combine the process-by-process and batch method of cost accounting. This will make it possible to increase control over production costs, but requires the use of accounting specialists with appropriate competencies and skills. As a rule, small agricultural enterprises and primarily farms use a simplified accounting and reporting system. The simplified form of accounting and reporting, on the one hand, significantly simplifies the preparation and submission of tax reports for small agricultural enterprises, but at the same time does not allow for effective control of production costs. Accounting outsourcing allows you to reduce the costs of the company for the services of accountants and at the same time increase their efficiency..

An Analysis of Management Accounting System Development from the Structuration Theory Viewpoint

2020 ◽  
Vol 27 (2) ◽  
pp. 1
Author(s):  
Anthony Moung Yin Chan ◽  
Paul Lo ◽  
Kong Ng
Keyword(s):  
Management Accounting ◽  
System Development ◽  
Structuration Theory ◽  
Chief Executive ◽  
Three Dimensions ◽  
Accounting System ◽  
Theory Of Structuration ◽  
Duality Of Structure ◽  
Development And Evolution ◽  
Management Accounting System

Our study covered the development and evolution of the management accounting system of a subsidiary company in a group. Our study was a longitudinal one starting from the incorporation of the company. We divided this period into five stages according to the major events happened, namely the formation of the company, the invoicing crisis, the conflict with parent company, the conflict with fellow subsidiaries, and the influence of the chief executive. In our analysis we applied the three dimensions of structure in the theory of structuration (i.e., signification, legitimation and domination). The structuration theory explained the emergence of certain phenomena and events that were not explained by traditional accounting theories. Many events in our study validated the core ideas of the structuration theory which composes of the concepts of structure, system and duality of structure. The phenomena suggested that structure was both the medium and outcome of the conduct it recursively organized. Other features of the theory, such as the dialectic of control and system contradiction, were also applicable

Sign in / Sign up

Export Citation Format

Share Document