scholarly journals Management accounting as an effective tool of management of a modern enterprise

2021 ◽  
Vol 9 (1(18)) ◽  
pp. 53-58
Author(s):  
Ruslana Shurpenkova ◽  
Oksana Sarahman
Keyword(s):  
Management Accounting ◽  
Management Tool ◽  
Enterprise Management ◽  
Successful Implementation ◽  
Accounting System ◽  
Competitive Advantages ◽  
System Construction ◽  
Managerial Accounting ◽  
Modern Enterprise ◽  
Enterprise Management System

The article analyzes the role of managerial accounting in the enterprise management system. It is established that managerial accounting is an effective management tool because it creates competitive advantages in a market environment. The main principles of managerial accounting system construction at the enterprise are highlighted, its importance for effective functioning is substantiated. The main problems hindering the management accounting implementation and planned measures for successful implementation of this process at Ukrainian enterprises are also analyzed.

scholarly journals Management accounting as business process of the dairy plant

2021 ◽  
Vol 69 (2) ◽  
pp. 76-82
Author(s):  
O. Moshkovska
Keyword(s):  
Business Process ◽  
Process Management ◽  
Business Processes ◽  
Management Accounting ◽  
Enterprise Management ◽  
Management Decision ◽  
Accounting System ◽  
Financial Flows ◽  
Dairy Plant ◽  
Enterprise Management System

The features of management accounting as a separate business process of the dairy plant are considered in this paper. It is substantiated at present there is the need to treat management accounting as a business process, because it, like all other business processes, is a set of consistent actions focused on making profits. According to CIPA standards management accounting can be focused on the identification of the growth factors of the enterprise value. It is determined that in the methodological plan the business process «management accounting» is based on a certain microeconomic model, which determines the movement of information, material, financial flows in the enterprise; due to the systematic use of tools (accounting methods, accounting systems, etc.) provides the interaction of the functions of financial, operational, technical and statistical accounting with the functions of planning, organization, motivation, control and regulation. The result of this business process operation should be a specific management decision – the result of management entity’s selection of the action method aimed at solving the problem in the existing or projected situation. The set of tasks for setting the system of procedures and regulations for management accounting focused on process-oriented management model is solved, the need to understand that this type of accounting is not a set of rules and methods, but separate business process for collecting, processing, storing and providing information is outlined. It is noted that in practice the allocation of management accounting in the separate business process makes it possible to define clearly its place in the enterprise management system; to consider management accounting as the part of management providing the company with the final economic result; to interpret management accounting in terms of economic efficiency, adjusting it in accordance with the results provided by this accounting system.

Problems of formation of management accounting in the modern enterprise

10.12737/4531 ◽  
2014 ◽  
Vol 4 (2) ◽  
pp. 0-0
Author(s):  
Пархоменко ◽  
L. Parkhomenko ◽  
Наумова ◽  
N. Naumova
Keyword(s):  
Data Integration ◽  
Management Accounting ◽  
Enterprise Management ◽  
Managerial Accounting ◽  
Modern Enterprise ◽  
Software And Hardware ◽  
Organizational Procedures

To improve the efficiency of enterprise management it is necessary to introduce a system of management accounting. For any enterprise, which is faced with the need to economy, one-circle system that is based on the principles of integration of financial and managerial accounting is certainly preferable. For the introduction of management accounting it is necessary to solve the following tasks: to develop a methodology of management accounting; select software and hardware of automation; develop organizational procedures for collecting, processing and data integration in the accounting and management accounting.

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.

scholarly journals Implementation of management accounting in the system of economic monitoring of activities in the context of globalization

2020 ◽  
Vol 7 (12) ◽  
pp. 97-104
Author(s):  
Д. В. Адамов ◽  
М. А. Юхненко ◽  
Є. Р. Богдяж
Keyword(s):  
Balanced Scorecard ◽  
Management Accounting ◽  
Evolutionary Development ◽  
Accounting System ◽  
Managerial Accounting ◽  
Accounting Systems ◽  
Accounting Information Systems ◽  
The Balanced Scorecard ◽  
Independent Analysis ◽  
Legislative Framework

The article deals with the problems that arise during the implementation of the concept of modern management accounting for Ukrainian enterprises by introducing new accounting systems and developing approaches to accounting and information generalization of transaction costs in order to effectively manage them in the globalized economy. The existing system of introduction of management accounting at enterprises is examined and the introduction of management accounting on foreign examples is considered, namely the balanced system of indicators, which is already actively used abroad and is just beginning its development in Ukraine. The research of this topic is related to the change of accounting information systems in modern conditions and the need to create a global accounting system, and adjustments are made to management accounting functions. The article compares and defines the distinctive features of accounting, and its composition of financial, tax and management accounting. A clear algorithm for the construction of this system at the enterprise and indicators that must be calculated for a complete and independent analysis of the work of the enterprise are distinguished and described. The ambiguous interpretation of the concept of managerial accounting in the course of its evolutionary development has led to the study of this topic. The article presents a system of metrics that are calculated within the Balanced Scorecard system used by the enterprise. The problems of implementing a balanced scorecard based on the experience of corporations already using the system are also discussed. The lack of legal and legislative framework to stimulate and encourage the introduction of this concept into the practice of management accounting in Ukraine leads to the unsatisfactory functioning of this system. According to the results of the research, the recommendations on the introduction of management accounting in the system of economic monitoring of activity in the conditions of globalization are given.

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.

THE ROLE OF THE IMPLEMENTATION OF THE CONTROLLING SYSTEM IN THE MANAGEMENT OF THE POTENTIAL OF THE COMPETITIVENESS OF THE ENTERPRISE

2017 ◽  
Author(s):  
Kateryna Lytvynenko ◽  
◽  
Kateryna Lytvynenko ◽  
Keyword(s):  
External Environment ◽  
Business Environment ◽  
Information Support ◽  
Management Tool ◽  
Enterprise Management ◽  
Controlling System ◽  
Enterprise Management System ◽  
General Business ◽  
Strategic Controlling

The article analyzes the role of introducing controlling in the management of the competitiveness potential of an enterprise in the internal and external markets. The main definitions of the term "controlling" are formulated. The main stages of controlling and its methodological support are determined. Controlling allows an enterprise to adapt to a constantly changing external environment and successfully survive in a competitive environment. The essence of controlling and its place in the enterprise management system can be considered from four approaches: functional, situational, process and systemic. At the same time, two types of controlling are distinguished, namely, operational and strategic, which form an integral controlling system that allows an enterprise to achieve its goals and results. The main purpose of strategic controlling as a management tool is to form the necessary information support and analytical base for the formation of a set of indicators (indicators) which will attest to the need for transformational changes, and about their effectiveness in the long term. With the help of the tools of operational controlling, a mechanism is formed that makes it possible to timely establish deviations from the planned path and correct the direction of development. The components of the controlling process can vary depending on the specifics of the activity and the goals of the company. The development of integration and globalization processes stimulates the development of enterprise transformation at certain stages of its life cycle. To correctly identify the transformation point, that is, to determine the set of control parameters that indicate the need for transformation, it is necessary to use the strategic controlling toolkit, which is designed to increase the competitiveness of the enterprise in the general business environment. Taking into account these development trends, strategic and tactical transformations as a tool for ensuring competitiveness and constant development in a dynamic external environment are a prerequisite for the development of a company.

scholarly journals Main directions of modern enterprise strategy formation

2018 ◽  
Vol 2 (1) ◽  
pp. 26-36
Author(s):  
Olga Kalaman ◽  
Oleg Udovitsa
Keyword(s):  
Strategic Management ◽  
Development Strategy ◽  
Strategy Development ◽  
Enterprise Management ◽  
Main Task ◽  
Modern Enterprise ◽  
Current Economic Situation ◽  
Basic Approaches ◽  
Enterprise Management System ◽  
Definition Of

Introduction. Today in Ukraine there is a situation that creates an environment of "public interest" in approaches to modeling the main areas of strategic management and its content. Inaccurate perception of approaches to the "strategy" concept content significantly changes the possibility of its effective implementation at the state and economic levels. Therefore, it is logical to arise the necessity of studying the directions of forming a strategy and the possibility of applying the theory of strategic management in modern domestic enterprises. Aim and tasks. The article purpose is to determine the basic approaches to the formation of the modern enterprise development strategy, which is subject to the study of the main directions of its formation. The systematic basis for such systematization was systemic, reproductive, dialectical, and general scientific approaches. Research results. It has been established that the "action" approach as the leading methodology for the strategy development implies the relevance of the activity category with the concepts of "needs", "interests", "motives", "goals", "reflection (assessment)," "self-development". A system approach involves considering a strategy as a system that has a certain structure and interconnection within its individual components. Formation and strengthening market relations stimulates the application of new approaches and forms in management, changes (sometimes cardinally) the nature of the tasks to be solved and methods for their achievement, as well as the development of a strategy. The development of a clearly formulated strategy and the definition of organic development goals is a consequence of the external conditions manifestation of the company's existence, for example, the conditions of macroeconomic instability, the complexity of the relationship between the economic and political environment. To clearly formulate a strategy for the enterprise in accordance with the current economic situation, to outline the ways of its implementation and, if possible, to evaluate the expected result, a manager is required to possess creativity, knowledge and experience, intuition in a unified approach to formulating strategic prospects for the operation and development of the enterprise. Conclusion. For Ukrainian enterprise management system, the main task is not the prompt response to the current changes in the environment. They are the strategic vision formation of the future enterprise, the development of a flexible and viable progress strategy, the prediction of tactical and strategic threats for the enterprise, its timely elimination, and the practical use of strategic management idea for sustainable development.

scholarly journals Digital Management: Concept or Tools?

2021 ◽  
Vol 12 (2) ◽  
Author(s):  
Irina Pozharitskaya
Keyword(s):  
Methodological Approach ◽  
Point Of View ◽  
Enterprise Management ◽  
Future Research ◽  
Full Potential ◽  
Digital Resources ◽  
Modern Enterprise ◽  
Digital Management ◽  
Management Concept ◽  
Enterprise Management System

A modern enterprise management system cannot do without resource management. At the same time, the implementation of digital transformation is impossible without providing necessary digital resources. The analysis of modern economic scientific literature shows that there is no unified approach to the management of digital resources from the point of view of the digital economy, the need for the formation of digital management. We used methods of comparison, induction, and deduction, modeling and conceptualization. The study identified the differences in the methodological approach of various authors to cognitive management and concluded that the concept of knowledge management, transformed literally in one decade, has reached a new level of conceptualization. Without having reached its full potential, cognitive management is being transformed into digital management, using the best practices as a basis. The comparative characteristics of cognitive and digital management allow us to talk about the development of a conceptual platform based on the resource approach. The study identified the components of the conceptual model of digital management: methodological base, factors, subjects, objects, subject and methodological tools. We recommend to use digital resources as a subject of digital management, which broadens the field for future research and improvement of the conceptual platform.

scholarly journals COMPETENCY APPROACH IN THE MANAGEMENT OF ENTERPRISE

2021 ◽  
Author(s):  
Inna Gruzina ◽  
Alina Shcherbak
Keyword(s):  
Management System ◽  
World Economy ◽  
Enterprise Management ◽  
Maximum Effect ◽  
Competitive Advantages ◽  
Advantages And Disadvantages ◽  
The World ◽  
Priority Direction ◽  
Rational Combination ◽  
Enterprise Management System

The article considers the importance and necessity of applying the competency approach in the management of enterprises, as one of the best competitive advantages in the modern conditions of the development of the world economy. The essence of the concepts of "competence" and "competency" as scientific categories in the context of management, which form the understanding of the "competency approach", has been substantiated. The features of using the competence-based approach directly in the management of enterprises are considered. The approaches to the use of "competence" in enterprise management, which are possible only if the source and conditions of their occurrence are understood, have been analyzed. At the heart of this work, attention is focused primarily on understanding the features of using the competence-based approach in enterprise management. Each of the approaches has its own specific features, advantages and disadvantages, due to which at different periods of time it received approval and suffered from criticism of contemporaries. The advantages and disadvantages of each approach are highlighted, as well as a rational combination of their main achievements, which will allow achieving the maximum effect in the process of restructuring the general management system of the enterprise. The importance of the competency approach as a priority direction for improving the enterprise management system, which was facilitated by such changes in the conditions of its functioning as: the globalization of the world economy, the acceleration of the pace of changes in the market environment, the aggravation of the competitive struggle of commodity producers, is emphasized. The circumstances are identified under which it is possible to implement a competency approach in the process of enterprise management, while simultaneously ensuring the achievement of competitive advantages by the enterprise through a competent and effective strategy of its activities, and the development of knowledge, skills and abilities of the personnel involved in management in accordance with the level of management and the developed strategy.

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