ACCOUNTING, ANALYSIS AND INTERNAL CONTROL OF THE CALCULATION PROCESS AT FULL COST: DOMESTIC AND INTERNATIONAL EXPERIENCE
DOI:
https://doi.org/10.32689/2523-4536/63-18Keywords:
costs, accounting, cost accounting method, costing, cost analysis, internal cost control, full costs, experienceAbstract
The results of the enterprise directly depend on the income received and expenses incurred. Accounting in a broad sense should not only provide information to determine the result of work, but also to develop a rational system of collecting and processing information, ie to offer the most optimal way of knowing the objects of study. As for the calculation of the financial result of the period, its result will directly depend on how fully and systematically we calculate the costs. Moreover, this is actually the choice of the most effective method of cost accounting for the company. That is why the topic of scientific article is relevant and needs further development and research. Methods of accounting for production costs and costing belong to the field of research and combine a set of methods and techniques that allow you to effectively and efficiently perform accounting tasks for these costs. These methods and techniques consist of such accounting procedures as documentation, systematic and consistent reflection of costs, determination of the actual cost of production, as well as justification of the order of allocation of costs per unit of output.
References
Antony R. N. Planning and Control Systems: A Framework for Analysis. 1965. Graduate School of Business Administration Harvard University. Boston.
Kalkuliacia yak process vyznachennia vytrat vurobnyctva [Calculation as a process of determining the cost of production] (2021). Osvita.ua: website. Avaliable at: https://osvita.ua/vnz/reports/econom_pidpr/21914/ (accessed 03 November 2021).
Kaminska T. G. (2018) Oblikjvyi ta infirmaciyniy aspect kalkuliuvannia vytrat v operaciuniy diyalnosti [Accounting and information aspect of calculating the costs of operating activities] Efektyvna ekonomika (electronic journal), vol. 7. Avaliable at: http: //www.economy.nayka.com.ua-/pdf/7_2018/9.pdf (accessed 06 November 2021).
Kulinych M. B. (2014) Porivniannia metodiv kalkuliacii I metodiv obliku u vitchiznianii ta zakordonniy praktuci [Interrelation of calculation methods and cost accounting methods in domestic and international accounting practice] Agrosvit, vol. 7, pp. 63–67.
Linnyk O. I. (2016) [Modern domestic and foreign practice of calculating the cost of production, accounting and management of production costs of the enterprise]. Economy and society, vol. 6, pp. 373–378. Avaliable at: http://www.eco-nomyandsociety.in.ua/jo-urnal/6_ukr/64.pdf (accessed 27 November 2021).
Maidanevich J. P. (2018) Analiz metodiv obliky vutrat [Analysis of cost accounting methods and costing methods]. Ekonomichni nayki, vol. 1, pp. 104 - 109. Avaliable at: http://dspace.nbuv.gov.ua/bi-tstream/handle/1234-56789/3-6760/18-Maydanevi-ch.pdf?sequence=1 (accessed 08 November 2021).
Polyak V. V., Grin V. P. (2019) Kalkuliacia vytrat I menedzment vytrat [Cost calculation and cost management]. Ekonomika, vol. 1. Avaliable at: https://www.ukrlogos.in.ua/10.11232-2663-4139.01.03.html (accessed 2 november 2021).
Skrypnyk M. I. (2018) Osobluvosti kalkuliuvannia za povnumy vytratamy [Features of calculating the cost of production using «direct costing»]. Miznarodna koelkcia naukovyh robit, vol. 1 (16), pp. 263–272. Avaliable at: http://pbo.ztu.edu.ua/article/viewFile/51502/47478 (accessed 03 Novemder 2021).
Bradul O. M, Shepelyuk V. A, Shevchenko L. J. Kaminsky P. D. (2017) Upravlinskiy oblik [Managerial accounting]. Kruviy rig: Donnuet. Avaliable at: http://elibrary.donn-uet.edu.ua/1407/1/Shevchenko_manual_Upravlinsiy_oblik_2017.pdf (accessed 03 November 2021).
Tsaruk V. J. (2017) Vitchiznianyi ta miznarodnyi dosvid vukorustannia metodiv obliky vytrat: porivnialni kharakterustuky [Domestic and foreign methods of cost accounting: comparative characteristics]. Miznarodnyi naukovuy zurnal, vol. 1-2, pp. 49–57. Avaliable at: http://ibo.tneu.edu.ua/inde-x.php/ibo/article/view/310 (accessed 09 November 2021).
