scholarly journals Management accounting and criteria for its effectiveness at the enterprise

2020 ◽  
pp. 182-187
Author(s):  
Olha Shmyhel
Keyword(s):  
Economic Activity ◽  
Management Accounting ◽  
Evaluation Criteria ◽  
Accounting System ◽  
Accounting Management ◽  
Business Entities ◽  
Methodological Principles ◽  
Main Components ◽  
Analytical System

Purpose. The aim of the article is to substantiate the need for the development of management accounting and the system of criteria for the effectiveness of the organizational structure of management accounting at the enterprise. Methodology of research. General and special methods are used in the research, in particular: the method of classification allowed to differentiate the main components of management accounting, and the method of description gave them a detailed description; the monographic method is used in the study of literature sources on management accounting; system and analytical method is used in processing the information obtained. Findings. Approaches to determining the essence of management accounting are considered, its features are determined, identification characteristics and significance for economic activity are substantiated. The classification of management accounting according to management needs is generalized and improved. Problems of management accounting development are identified. The essence of the concept of “management accounting” is specified. The place of management accounting in the accounting and analytical system of the enterprise is considered. The main approaches to the essence of management accounting are reflected. Models of organization of management accounting at the enterprise are given. An approach to the assessment of the object of management accounting is proposed, the ways of introduction of management accounting at the enterprise are substantiated. Originality. The proposals on the system of evaluation criteria for the effectiveness of management accounting of the enterprise are substantiated. The methodological principles of the organization of management accounting have been further improved. Practical value. Options for the introduction and organization of management accounting at the enterprise are considered. The results of the study can be used by business entities in the process of using management accounting. Key words: management accounting, management, costs, profit, system of efficiency criteria, accounting and analytical system, business entity.

scholarly journals Conceptual Model for Integrating Environmental Impact in Managerial Accounting Information Systems

2021 ◽  
Vol 18 (4) ◽  
pp. 1791
Author(s):  
Sorina Geanina Stanescu ◽  
Ion Cucui ◽  
Constantin Aurelian Ionescu ◽  
Liliana Paschia ◽  
Mihaela Denisa Coman ◽  
...  
Keyword(s):  
Environmental Impact ◽  
Technological Process ◽  
Economic Activity ◽  
Management Accounting ◽  
Environmental Accounting ◽  
External Information ◽  
Accounting System ◽  
Managerial Accounting ◽  
Main Research ◽  
Environmental Management Accounting

The main research objective is to develop a conceptual accounting model to reflect the environmental impact generated by the economic activity of Romania’s entities. In order to identify the current stage of the use of environmental accounting by the Romanian economic entities, the questionnaire used was based on a random sample of 377 entities whose economic activity has a significant impact on the environment. The results suggest the need to develop a model for integrating environmental impact into accounting. The model is based on the description of the technological process and determination of the environmental impact on each activity, stage, or procedure of the technological process, which enterprise will integrate its monetary value in the cost of production and will reflect it in the management accounting system, using specific environmental accounting instruments. The model involves five stages, and by combining internal and external information provided by environmental management accounting is a relevant source for substantiating decisions to promote environmental responsibility in Romanian companies.

RELATIONSHIP OF ACCOUNTING AND STATISTICAL ACCOUNTING OF LOGISTIC COSTS IN THE INTEGRATED BUSINESS STRUCTURE

2021 ◽  
Vol 16 (3) ◽  
pp. 106-111
Author(s):  
Olga Gizatullina
Keyword(s):  
Supply Chains ◽  
Business Processes ◽  
Management Accounting ◽  
Added Value ◽  
Economic Activities ◽  
Legal Form ◽  
Economic Entity ◽  
Accounting Management ◽  
Supply Costs

For economic entities, business partnerships are not based on individual competition or improving individual business processes, but on improving supply chains. When making management decisions, the question arises about the performance indicators of business processes both at the level of an economic entity and at the macro level. When assessing the effectiveness of supply chains, it is necessary to assess the costs arising in the course of financial and economic activities. The logistics component has a large share in the supply costs. A full accounting of logistics costs allows you to obtain reliable information for the analysis and development of measures to reduce them, which increases the efficiency of the entire economic activity of an economic entity. The article proposes a classification of logistics costs according to the degree of added value creation and dependence on the volume of production, including the allocation of transaction costs, which make up a significant share in the overall structure of logistics costs. The classification of logistics costs should be transformed depending on the organizational and legal form of the organization and the field of activity. The system of accounting for the logistics costs of economic entities should highlight them when implementing all logistics functions; study information about the most significant logistics costs and the nature of their occurrence; study the interdependencies of logistics costs throughout the entire supply chain. The developed system allows keeping separate accounting of logistics costs on a separate account, which makes it possible to control them. In modern conditions, organizations are faced with the need to integrate various types of accounting, including accounting, management and statistical. The algorithm for the implementation of this task includes four stages: development of a methodology for the integration of accounting, management and statistical accounting; formation of management accounting policies; development of data transformation regulations; selection of software for the automation of statistical, accounting and management accounting

Development of Local Accounting Theories on the Example of the Theory of Management Accounting of Agricultural Enterprises

2021 ◽  
pp. 197-210
Author(s):  
Vera Savchenko ◽  
◽  
Iryna Smirnova ◽  
Nadiya Smirnova ◽  
◽  
...  
Keyword(s):  
Management Accounting ◽  
International Standards ◽  
Special Importance ◽  
Accounting System ◽  
Managerial Accounting ◽  
Agricultural Enterprises ◽  
Modern Business ◽  
Business Entities ◽  
Time Changes ◽  
Definition Of

Modern business conditions require updating approaches to the management system, and, accordingly, managerial accounting. Therefore, the issues of deepening research of sectoral specifics of managerial accounting acquire special importance and its influence on the organization and conduct of this type of accounting. The purpose of writing an article is to study the features of the interpretation of the content of the term "managerial accounting" and their impact on the organization of this type of accounting in agrarian enterprises. Scientists, who investigated history of development of managerial accounting, diverge in thoughts on the period of managerial accounting and to further periodize its development. For the first time, the introduction of managerial accounting in practical activities of national enterprises was violated in October 1998 with the adoption of a Program for reforming the accounting system with the application of international standards. Most western researchers support the statement that managerial accounting is a process of preparing information necessary to manual for management. Investigation of the content of existing definitions of managerial accounting allowed a number of conclusions. First, it concerns the definition of managerial accounting at the legislative level. Since managerial accounting is a comprehensive area of activity, it indicates the need to amend the text of the Law of Accounting and financial statements where these circumstances are not taken into account. Secondly, when developing a methodology for managerial accounting in domestic agrarian enterprises, it is necessary to take into account, except for the world experience of accounting practice, achievements of domestic scientists, as well as the specifics and real state of functioning of business entities. Thirdly, the spectrum of opinions on determining the managerial accounting system is very wide. In this case, the interpretation of its content over time changes has been presented. Fourth, in existing studies and definitions of managerial accounting in agriculture there is no sector color. One of the most important tasks of managerial accounting for managers of agrarian enterprises should be the formation of complete and reliable accounting information on the results of the activities of production and functional divisions of enterprises. Maintaining management accounting at the enterprise should be theoretically substantiated, methodically justified and suitable for practical use. Awareness of the need and desire to introduce managerial accounting is not enough to implement this intention. The size of the enterprise needs to provide information to all levels of management, as well as the ratio of expenses and benefits from the introduction of managerial accounting should be played crucial value.

scholarly journals MANAGEMENT ACCOUNTING FOR A TAX AS A MEANS OF TAX OPTIMIZATION

2020 ◽  
Author(s):  
Tatyana Anatolievna Korneeva ◽  
◽  
Daria Sergeevna Kosheleva ◽  
Keyword(s):  
Management Accounting ◽  
Tax Burden ◽  
Accounting System ◽  
Tax Expenditures ◽  
Economic Entity ◽  
Tax Management ◽  
Management Accounting System

The article is devoted to the study of approaches to the organization of tax management accounting in order to optimize the level of tax burden of an economic entity to improve the efficiency of an enterprise in terms of its taxation. The classification of tax expenditures is proposed for budgeting purposes in the management accounting system

scholarly journals Business Analysis and Audit of Foreign Economic Activity of the Enterprise

2021 ◽  
Vol 39 (5) ◽  
Author(s):  
Кarina Nazarova ◽  
Olga Zaremba ◽  
Mariia Nezhyva ◽  
Volodymyr Hordopolov ◽  
Viktor Harbar ◽  
...  
Keyword(s):  
Economic Activity ◽  
External Environment ◽  
Information Support ◽  
Management Tool ◽  
Accounting System ◽  
Investment Climate ◽  
Foreign Investments ◽  
Business Analysis ◽  
Methodological Principles ◽  
Information Requests

Based on the substantiation of the necessity of changes in the management system of the enterprise in order to increase Ukraine's level in international economic ratings, a comprehensive model of the transformation of theoretical and methodological principles of accounting, analysis and audit in the management of foreign economic activity was developed. An approach to the formation of the accounting, analysis and audit principles of the enterprise's foreign economic activity, which takes into account the differentiation of decisions made in the system of management of foreign economic activity, it allows using the environment of the business entity to improve the efficiency of the implementation of foreign economic transactions. The basis of the theoretical and methodological principles of audit in the part of the suggested model of the transformation of the accounting system of transactions of foreign economic activity, which consists of tasks, elements of the method and objects of accounting, which form different processes of the types of foreign economic transactions, and provides increasing of the reliability of accounting information support, as it takes into account the influence of the internal and external environment of the enterprise. The methodical principles of the audit of export and import transactions of enterprises in the part of suggestions for improvement of documentary support, formation of the value of imported goods and reflection on the analytical accounting accounts of export-import transactions with goods, which increases the efficiency and reliability of the formation of responses to information requests of the system of management of foreign economic activity, was developed. The directions of improvement of the organizational and methodical provisions of audit for foreign economic activity of enterprises are grounded, taking into account changes in the tendencies of development of foreign economic activity at the micro and macro levels. The peculiarities of application of internal and external methods of management of currency risks in the system of enterprise accounting as an effective management tool were disclosed. It is reflected as the influence of the external environment in the accounting system and forms information support for users who make decisions on planning and development of foreign economic activity of the enterprise. The stages of obtaining foreign investments in accounting were substantiated, which promotes the modification of the methodological support of audit of foreign investments as the basis for the formation and improvement of the investment climate.

THEORETICAL AND METHODOLOGICAL PRINCIPLES OF FORMATION AND ESTIMATION OF THE FINANCIAL POTENTIAL OF SMALL ENTERPRISES' INVESTMENT ACTIVITY

2017 ◽  
Author(s):  
Ruslan Yurkiv ◽  
Keyword(s):  
Small Businesses ◽  
High Rate ◽  
Small Enterprises ◽  
Investment Activity ◽  
Investment Projects ◽  
Factors Influencing ◽  
Business Entities ◽  
Methodological Principles ◽  
Negative Factors

In many countries, small businesses have a significant impact on the total gross domestic product. However, in Ukraine, the opportunities of small businesses to ensure the economic growth of the state are not sufficiently used yet. Among the reasons for this phenomenon is the insufficiently high rate of economic development of domestic small businesses, which, among other things, is due to the low level of investment activity of many small enterprises in Ukraine. In turn, the low volume of investment activity of such enterprises is also because the owners and managers of these enterprises are not competent enough to form and assess the financial potential of investment activities of business entities. Given this, the study aims to develop theoretical and methodological principles for the formation and evaluation of the financial potential of small enterprises’ investment activities. The economic content of the concept of the strategy of formation of the financial potential of small enterprises' investment activity is considered. Classification of factors influencing the magnitude of this potential has been developed. In particular, the primary and secondary, deterministic and non-deterministic, positive and negative factors that are directly or indirectly involved in the formation of the financial potential of small enterprises’ investment activities are highlighted. It is established that the process of such formation involves the transition from the existing to the strategic financial potential of investment activities of economic entities. The main ways of such transition are identified. Indicators for assessing the existing and strategic financial potential of investment activities of small enterprises are proposed. The connection between these indicators is established, and we perform their decomposition. In particular, the amount of the available financial potential of the business entity is presented as the sum of the opportunities to use the company's own funds, as well as obtaining loans and borrowed funds to finance investment projects. The results of the study can be used in planning the investment activities of small enterprises, in particular, in justifying the rational parameters of financial support for these activities.

ECONOMIC DIAGNOSTICS OF RESOURCE PROVISION OF ENTERPRISE ACTIVITY: ESSENCE, TYPES, INFORMATION BASE AND FEATURES OF CARRYING OUT

2017 ◽  
Author(s):  
Tetyana Petrushka ◽  
◽  
Oksana Zarytska ◽  
Nataliia Myroshchenko ◽  
◽  
...  
Keyword(s):  
Human Resources ◽  
Economic Activity ◽  
Information Base ◽  
Qualitative And Quantitative ◽  
Detailed Assessment ◽  
Business Entities ◽  
Methodological Principles ◽  
Enterprise Activity ◽  
Basic Blocks ◽  
Production Resources

The level of economic efficiency of enterprises and the volume of its financial and economic results are largely determined by qualitative and quantitative parameters of resource provision of such activities. In particular, the production resources available to them, first of all, stocks of materials, technical and human resources, are of great importance for the course of economic activity of enterprises. Therefore, the identification of reserves to improve the economic activity of enterprises requires, among other things, a detailed assessment of their available resources, in particular, the quality and volume of applied production resources. Such assessment is carried out during economic diagnostics of resource provision of business entities. In this regard, the purpose of this work is to develop theoretical and methodological principles for organizing the diagnosis of resource provision of economic activity. In particular, the essence of economic diagnostics of resource provision of enterprise activity was determined. It is shown that the components of the process of such diagnostics include the goal, criterion, its normalized value and sets of classes of values of the criterion indicator. Thus under the criterion of diagnostics of resource maintenance of activity of the enterprises, it is offered to understand the indicator (or group of indicators - if multi-criteria diagnostics is carried out), based on values of which it is possible to estimate the level of resource maintenance of enterprise activity. The main types of economic diagnostics of resource provision of enterprises were identified, namely diagnostics of resource supply quality, the criterion of which is a certain quantitative indicator, diagnostics of resource efficiency, diagnostics of completeness of resource provision, diagnostics of resource adequacy, diagnostics of the proportionality of resource provision at the enterprise, diagnostics of the progressiveness of this software. The basic blocks of the information necessary for carrying out economic diagnostics of resource maintenance of activity of the enterprises for an estimation of efficiency and substantiation of expediency of transition of the enterprise to the resourcesaving type of its economic development are allocated. The main stages of economic diagnostics of resource provision of enterprises are highlighted.

Strategic management accounting in the system of the chemical industry business processes controlling

2017 ◽  
Vol 30 (1) ◽  
pp. 152-157
Author(s):  
Е. А. Khlevnaya
Keyword(s):  
Chemical Industry ◽  
Business Processes ◽  
Management Accounting ◽  
Special Importance ◽  
Accounting System ◽  
Present Stage ◽  
Strategic Development ◽  
Financial Responsibility ◽  
Accounting Management ◽  
Strategic Management Accounting

The article examines the problems and prospects of development of chemical industry at the present stage of economic development, the special importance of the management accounting system by business processes focused on strategic development of the company is noted. The conclusion about the necessity of construction of accounting management with the specified parameters volumetric analyst of financial responsibility centers and business processes as information and analytical basis of controlling was made.

scholarly journals Standardization of Russian Management Accounting as a Condition for its Further Development

2018 ◽  
Vol 5 (3) ◽  
pp. 72-81 ◽  
Author(s):  
M. A. Vakhrushina
Keyword(s):  
Institutional Environment ◽  
Negative Impact ◽  
Management Accounting ◽  
Educational Process ◽  
Accounting System ◽  
Negative Consequences ◽  
Managerial Accounting ◽  
Scientific Publications ◽  
Business Entities ◽  
Further Development

The subject of this article is the multitude of processes of management accounting standardization. Its goal is to justify the need for standardization of management accounting as an initial stage in the development of its institutional environment and working out ways to solve this problem.To achieve this goal, the present article analyzes Russian and foreign scientific publications which are devoted to the problems of standardization of the accounting system, and critically assesses the current practice in the field of standardization of management accounting. In the process of research, the methods of logical and expert analysis were used.The article outlines the negative consequences of the lack of institutional regulation of management accounting inRussia— both for the further development of its theory and for practical advancement. The negative impact of the current situation on the educational process was especially noted.The urgent need for standardization of Russian management accounting as the first stage of the institution of its institutional regulation has been revealed. Particular attention is paid to possible directions of standardization of management accounting in the public sector, as well as the development of a professional standard «Managerial Accounting Specialist».The conclusion is made on the need to standardize management accounting at two levels — macroeconomic, which involves developing standards that take into account the specifics of different sectors of the economy, and at the level of microeconomics, which means the development of internal standards and regulations directly by business entities, taking into account the first-level standards.

scholarly journals RISK-BASED ACCOUNTING INFORMATION SYSTEM FOR PROVIDING ECONOMIC SECURITY OF THE ENTERPRISE

2017 ◽  
pp. 78-83 ◽  
Author(s):  
Ekaterina Valeryevna Marsunova
Keyword(s):  
Information System ◽  
Internal Control ◽  
Accounting Information ◽  
Economic Security ◽  
Accounting System ◽  
Sources Of Information ◽  
Accounting Information System ◽  
Business Entities ◽  
Assessment Procedures

The purpose of this paper is to develop the procedure of forming a risk-based accounting information system of business entity in order to provide economic security of the enterprise. The article presents a classification of risks; deals with risk assessment procedures in the accounting information system of business entities; reveals main sources of information in the risk-based system of accounting organizations, studies the interactions between the internal control system of the business entity and its risk-oriented accounting system.

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