THEORETICAL FOUNDATIONS OF COST MANAGEMENT IN AN ORGANIZATION

2020 ◽  
Vol 1 (8) ◽  
pp. 4-14
Author(s):  
D. Yu. ZAKHAROV ◽  
◽  
S. B. TYURIN ◽  
A. D. BURYKIN ◽  
◽  
...  
Keyword(s):  
Financial Management ◽  
Cost Management ◽  
Cost Of Production ◽  
The Cost ◽  
And Control ◽  
Theoretical Foundations

In this article, the authors consider the theoretical foundations of cost management in the organization, in particular, the definition for "costs", "expenses", "costs" of the organization, shows their role in financial management, reveals the differences in the concepts of costs, costs and expenses. Special attention is paid to classification of the purposes of costs depending on the phase of operation of the business, selected items, expenditure on General planning, regulation and control is considered as a method of evaluating the effectiveness of the company Much attention is paid by the authors to the process of cost management, the process of allocating costs in the cost of production of the enterprise and the process of calculating the cost of production.

scholarly journals Methods of cost management at the enterprise

2021 ◽  
Vol 2 (99) ◽  
pp. 69-81
Author(s):  
L. A. Parkhomenko ◽  
◽  
O. V. Zagorodniuk ◽  
L. V. Dlugoborska
Keyword(s):  
Financial Management ◽  
Management System ◽  
Semantic Analysis ◽  
Cost Management ◽  
Research Process ◽  
Economic Activities ◽  
Cost Management System ◽  
Business Entities ◽  
The Cost

In the article on the basis of semantic analysis (the terms "costs", "management", "cost management", "enterprise", "cost management in the enterprise", "method") and determining the place of cost management methods in the cost management system at the enterprise such management methods. The chronology of development of methods of management of expenses at the enterprise and their characteristics is resulted. The classification of cost management methods of business entities is developed and proposed separately. The crisis of the national economy, which covered a period of twelve years, significantly changed the approaches of domestic entrepreneurs to management. Problems with sales, unprofitable activities required a focus on crisis management (crisis financial management), loss control, maintaining a stable level of profit, which was achieved primarily through cost management. The purpose of the article – based on a critical assessment of scientific developments in the field of cost management to determine the essence, characterize and develop a classification of cost management methods in the enterprise. The theoretical and methodological basis of the study were the works of domestic and foreign scientists, leading scientists and practitioners in the field of cost management in the enterprise. General theoretical methods were used in the research process. The system method was used in the study of theoretical aspects in the field of cost management. The method of analysis was used in the study of the most popular methods of cost management and their chronology of development. With the help of abstract-logical method – substantiated and presented conclusions and proposals for improving methods of cost management in Ukrainian enterprises. The article defines the essence of cost management methods based on semantic analysis of the term "cost management method" using a number of economic terms to form its structure, as well as determining the place of cost management methods in the cost management system in modern enterprise. A brief description of the most common methods of cost management in the financial and economic activities of economic entities, indicating their positive and negative sides. Based on the above characteristics, a classification of cost management methods was developed and proposed.

Classification of Occupational Safety Costs in terms of Medical Examinations in the Republic of Kazakhstan

2021 ◽  
pp. 37-42
Author(s):  
G.T. Aitkenova ◽  
Keyword(s):  
Positive Result ◽  
Empirical Data ◽  
Occupational Safety ◽  
Cost Management ◽  
Correct Classification ◽  
The Republic ◽  
The Cost ◽  
Medical Examinations ◽  
Positive Effect

The results of the study of the classification of occupational safety costs, in particular the classification of costs for medical examinations, according to the current requirements of the regulatory legal acts and documents of the Republic of Kazakhstan are presented. The Labor Code of the Republic of Kazakhstan does not regulate the cost of financing occupational safety costs in the organizations. In addition, there are no state-approved methodology for planning and occupational safety budgeting costs. International research in the field of occupational safety confirms the positive effect of the investments in occupational safety on the competitiveness, productivity, and sustainability of the enterprise at the market. At the same time, the methodologically sound organization of planning and financing of occupational safety costs depends on their correct classification, which further contributes to the construction of a rational budgetary system of the enterprise in the field of occupational safety. The need for cost classification is due to the fact, that the existing occupational safety activities have different signs and types of costs. In the process of the study the empirical data is used, for example, codes, laws, and other regulatory legal acts of the Republic of Kazakhstan, as well as the scientific research from near and far abroad. The paper offers three signs of the classification of occupational safety costs. In accordance with the proposed signs of cost classification, the types of medical examinations that employers are legally required to conduct for their employees are distributed. Thus, the classification of occupational safety costs, which is aimed at the cost management, should consider all the main options for solving managerial tasks of the enterprise in the field of occupational safety, and should be applicable in practice. At the same time, the classification of costs with varying degrees of detail contributes to the sound planning and financing of the costs for employee occupational safety, which will lead to a positive result from the investment.

Progress in sensor technology - progress in process control? Part I: Sensor property investigation and classification

2003 ◽  
Vol 47 (2) ◽  
pp. 103-112 ◽  
Author(s):  
L. Rieger ◽  
J. Alex ◽  
S. Winkler ◽  
M. Boehler ◽  
M. Thomann ◽  
...  
Keyword(s):  
Control Strategies ◽  
Sensor Technology ◽  
Limiting Factor ◽  
Test Environment ◽  
Sensor Property ◽  
Sensor Models ◽  
The Cost ◽  
And Control ◽  
Measurement And Control

To ensure correctly operating control systems, the measurement and control equipment in WWTPs must be mutually consistent. The dynamic simulation of activated sludge systems could offer a suitable tool for designing and optimising control strategies. Ideal or simplified sensor models represent a limiting factor for comparability with field applications. More realistic sensor models are therefore required. Two groups of sensor models are proposed on the basis of field and laboratory tests: one for specific sensors and another for a classification of sensor types to be used with the COST simulation benchmark environment. This should lead to a more realistic test environment and allow control engineers to define the requirements of the measuring equipment as a function of the selected control strategy.

scholarly journals Conceptual foundations for the formation of economically feasible costs in railway transport enterprises

2020 ◽  
Vol 11 ◽  
pp. 141-147
Author(s):  
Nadiia Bohomolova ◽  
Vitalina Ovrutska
Keyword(s):  
Financial Management ◽  
Management System ◽  
Cost Management ◽  
Cost Optimization ◽  
Diagnostic Tools ◽  
Negative Consequences ◽  
Railway Transport ◽  
Conceptual Approach ◽  
Cost Management System ◽  
The Cost

The article deals with the need to improve the cost management system of the railway transport of Ukraine in current economic conditions. Diagnostics of the cost management system demonstrated that modern methods of cost optimization have not been fully used so far. Optimization is often considered as the reduction in the resource use; therefore, due to price increase of materials and other resources, it frequently leads to negative consequences. In addition, the cost management system itself and its diagnostic tools are aimed at analyzing the past, but not shaping future development, which reduces the efficiency of financial management. The article outlines a system of principles for the formation of economically feasible costs, including the requirements of two blocks. The first block is aimed at increasing the efficiency of the cost management system as an integral part of the enterprise management system. The second one is aimed at ensuring the practice of transparency and open interaction with key stakeholders. The authors substantiate the organizational and economic approach to the implementation of segment-oriented cost management. This approach is based on (1) regulatory framework in terms of composition and specification of the costs that are not taken into account in the regulation of price and tariffs; (2) ensuring the procedures for compliance of the nomenclature of income and expenses); (3) use of systemic and situational cost management tools for adaptation and enhancing of competition policy and reforms implementation. Cost management of various segments (freight, passenger transportation, ancillary activities, etc.) requires different management forms and techniques. The provisions of the suggested conceptual approach to cost management of railway enterprises should be implemented in close accordance with two key factors - (1) the strategic principles of the railway enterprise development and (2) its revenue management system

scholarly journals Selection of objects for calculating the cost of production in terms of agricultural production

2021 ◽  
pp. 47-66
Author(s):  
Igor' Mizikovskiy ◽  
Elena Polikarpova
Keyword(s):  
Agricultural Production ◽  
System Analysis ◽  
Control Measures ◽  
Information Support ◽  
Management Decisions ◽  
Managerial Decisions ◽  
Cost Center ◽  
Cost Of Production ◽  
The Cost ◽  
And Control

The optimality of the choice of objects of calculation determines the procedure for calculating the cost of labor products, the implementation of planned and control measures in the strategic management of production, in particular, to minimize the cost. It is necessary to ensure a synergy of technological features, production conditions, the principal distinguishing features of the resulting product, its volume, cost center, and the ability to evaluate the results of current management decisions. Agriculture is characterized by a number of specific conditions that affect the results of production. In most enterprises of the industry there is no point approach to accounting and management of the cost of labor products. The purpose of the study is to develop information support for the adoption and evaluation of managerial decisions when choosing objects for calculating the cost of production in agricultural production. Methods of observation, measurement, systematization, classification and system analysis of data were used. As a result, on the basis of determining the distinctive conditions of agricultural production, information is structured for the corresponding detailing of calculation objects, according to which a procedure for informational and instrumental support for the analysis of the volume and cost of production, which is also applicable for evaluating management decisions, is presented.

The Application of Electrophysical Effects in the Processing of Agricultural Materials

2019 ◽  
pp. 1-27
Author(s):  
Dmitry Budnikov ◽  
Alexey Nikolaevich Vasiliev ◽  
Alexey Alekseevich Vasilyev ◽  
Konstantin Sergeevich Morenko ◽  
Ihab S. Mohamed ◽  
...  
Keyword(s):  
Crop Production ◽  
External Factors ◽  
Significant Part ◽  
Grain Production ◽  
Post Harvest ◽  
Grain Processing ◽  
Cost Of Production ◽  
Agricultural Materials ◽  
The Cost

Crop production is largely associated with a number of external factors that affect productivity, quality, and cost of production. A significant part of the cost (20-40%) occurs on post-harvest processing, storage, and preparation for feeding. These processes include drying, decontamination, steaming, micronisation, etc. The chapter describes the electrotechnology impacts and their use in processes of grain processing. The chapter deals with the classification of electrophysical methods of influence, correlated with the processes in which they can be applied. It describes the required levels of exposure and the resulting values of productivity, intensity, and other parameters, qualitatively describing the specific processes. The factors which can positively affect grain production include the use of ozone, ions, infrared, and microwave fields.

scholarly journals PERHITUNGAN HARGA POKOK PENJUALAN DAN HARGA JUAL PRODUK UNTUK KEBERLANGSUNGAN UMKM DAPUR PIPIT, JAMBI

2021 ◽  
pp. 735
Author(s):  
Joyce A. Turangan
Keyword(s):  
Financial Management ◽  
Online Training ◽  
Pricing Strategy ◽  
Selling Price ◽  
Financial Reports ◽  
Implementation Method ◽  
Cost Of Production ◽  
The Cost

This Abdimas activity is a request from the partner, named UMKM Dapur Pipit, which is engaged in the culinary business with superior pudding products. Although the partners' activities have been running, the owner feels that the pricing strategy that has been implemented so far and how the financial processing should be carried out is still lacking. The owner expects a training related to how to do good and correct financial management in order to achieve ideal financial management. Partners also expressed their desire to be able to understand the determination of the cost of production, selling prices, and how to manage the profits earned. The ABDIMAS team offers to provide solutions in the form of training in calculating the cost of goods sold and selling prices as the first step in managing the finances of UMKM that have been running so far. The output of this ABDIMAS activity is in addition to the output for partners in the form of understanding and ability to determine the cost of goods sold, selling price, and techniques for preparing simple financial reports for UMKM. Furthermore, a report on the implementation of ABDIMAS can be prepared which is published through national seminars within the scope of ABDIMAS or publications in national journals. The implementation method of this service is by conducting online training for partner leaders.Kegiatan Abdimas ini merupakan permintaan dari mitra, yaitu UMKM Dapur Pipit yang bergerak di bidang usaha kuliner dengan produk unggulan puding.   Meskipun kegiatan dari mitra telah berjalan, namun pimpinan mitra merasakan masih kurang tepatnya strategi penentuan harga yang selama ini dijalankan serta bagaimana pengolahan keuangan yang seharusnya dilakukan.  Mitra mengharapkan adanya suatu pelatihan terkait bagaimana melakukan pengelolaan keuangan yang baik dan benar agar tercapai suatu pengelolaan keuangan yang ideal.  Mitra juga menyampaikan keinginan untuk dapat memahami penentuan harga pokok produksi, harga jual, dan bagaimana pengelolaan keuntungan yang diperoleh.   Tim abdimas menawarkan untuk memberikan solusi berupa pelatihan perhitungan harga pokok penjualan dan harga jual sebagai langkah awal pengelolaan keuangan dari UMKM yang telah berjalan selama ini.  Luaran dari kegiatan abdimas ini adalah selain luaran bagi mitra berupa pemahaman dan kemampuan menentukan harga pokok penjualan, harga jual, dan teknik penyusunan laporan keuangan sederhana bagi UMKM.  Lebih lanjut dapat disusun suatu laporan pelaksanaan abdimas yang dipublikasikan melalui seminar nasional dalam lingkup abdimas atau publikasi pada jurnal nasional abdimas.  Metode pelaksanaan dari abdimas ini adalah dengan dilakukan pelatihan secara daring pada pimpinan mitra. 

THE MAIN DIRECTIONS AND METHODS OF EFFECTIVE APPLICATION OF DIGITAL TECHNOLOGIES IN THE ORGANIZATIONS OF THE HELICOPTER INDUSTRY

2020 ◽  
Vol 3 (12) ◽  
pp. 36-47
Author(s):  
R. Sh. TARZHMANOVA ◽  
Keyword(s):  
Life Cycle ◽  
Service Life ◽  
Digital Technology ◽  
Digital Technologies ◽  
Effective Application ◽  
The Future ◽  
Cost Of Production ◽  
Future Object ◽  
The Cost

The article presents a classification of technologies that determine the effective transition to digitalization of the main processes in organizations. Noted: given the fact that the helicopter industry is characterized exceptionally long service life of the products more appropriately and effectively implement the transition to digital technologies associated with the formation of the shape of a product with a digital double and other processes in the later stages of the life cycle, as this will allow you to include the costs of the organization on the use of digital technology in the cost of production. A method of selecting projects at the pre-investment stage to predict the necessary level of competitiveness of the future object is developed and described.

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