Improving the System of Traditional Management Accounting as a Science of the Future

Abstract

In today's business environment, we are increasingly faced with the fact that many enterprises that used to be leaders in the production and provision of services cannot cope with the growing fierce competition, instability of the external environment, rising inflation and many other factors. As a result, all this leads to the fact that within a few years, and sometimes even months, previously successful enterprises suspend their activities or completely close. After analyzing the activities of such enterprises from the moment they were created and started operating to the occurrence of financial and other problems, several common features can be identified, one of which is the absence or incorrectly built model of the management accounting system at the enterprise. Today, in our country, the stage of popularization and implementation of traditional management accounting is mainly underway. Traditional management accounting, based on cost accounting and costing of products or works, uses the method of management analysis and forms a system for preparing information for managing production and making management decisions (management) by the management of firms, companies. Accounting for variable and fixed costs has become widespread in Kazakhstani firms and companies; determination of marginal income, budgeting and obtaining information about the present and future.