Information Support of Accounting and Reporting in Cost Calculating of Boiler-Building Production

Abstract

Introduction. The improvement of calculation systems is historically justified by the development of the management system and the increase in the number of users of accounting and reporting data and their requests, which has a significant impact on the information support of the production process in various spheres of economic activity. Every commercial organization is faced with the question of the rationality of the calculation system used and the degree of its compliance with market realities affected by uncertainty and risk conditions. The application of traditional approaches to calculating the cost of products, works, services becomes insufficient to maintain a stable level of competitiveness. In this context, the development of information support for calculation systems aimed not only at calculating the cost, but also at managing costs throughout the entire production cycle is an urgent and practically significant research topic. Purpose. Development of an approach to disclosure of information on calculating the cost of boiler-building production in accounting and reporting. Methods. To achieve the purpose of the study, general scientific methods were used: modeling – in determining the target values of the cost of production, specification – in calculating the cost of various types of outdoor heating boilers, analysis – in identifying the effect of the use of calculation systems, comparison – in comparing traditional and innovative methods of calculating the cost. Results. A comparative characteristic of the traditional methods of cost accounting and cost calculation for Russian practice with foreign ones is carried out to determine the possibilities and limitations of their application, as well as the need for the development of accounting and reporting tools. The calculation of the cost based on the materials of actually operating organizations of the boiler-building sphere is carried out, an algorithm for determining the target cost and profit rate of the products is proposed. Recommendations on improving the information support of accounting and reporting have been compiled. Conclusion. The obtained results confirmed the expediency of applying innovative approaches to calculating the cost of production of boiler-building organizations, including setting the target cost and its reflection in accounting and reporting.