Cost Management Accounting Research Articles

Improvement of the mechanism of management accounting of enterprise expenses in the conditions of clusterization

The object of research is the implementation of clustering of the economy as an effective mechanism for management accounting of the costs of enterprises. One of the most problematic areas is the identification of the main priority areas of clustering the economy, which will actively influence the development of management accounting of enterprises' costs. The use of a cluster mechanism for management cost accounting, thanks to management, information, personnel, financial, investment, and innovation potential, will create a research base for developing cost accounting methods and assess the prospects for its use in clusters.
 The analysis of the current state of the introduction of clustering of the economy is made on the example of Ukraine. The main characteristics of the directions of development of the introduction of clustering of the economy have been determined. The main priority areas of clustering of the economy will actively influence the development of management accounting of enterprises' costs.
 In the course of the study, approaches to clustering the economy as an effective mechanism for management accounting of enterprises' costs are used. The stages of the introduction of clustering of the economy as an effective mechanism for management accounting of the costs of enterprises are determined. These stages provide for the determination of the role of clustering the economy in creating an effective mechanism for accounting for expenses in clusters and the development and implementation of action plans for its implementation. The next step is to analyze the implementation of management accounting of expenses in clusters and develop the principles of its formation. For their implementation, it is proposed to develop directions for the development of the introduction of clustering of the economy and to present the cluster mechanism as an effective factor in improving the management accounting of enterprises' costs. Thanks to this, it is possible to prevent and solve the problems of management accounting of expenses in clusters and to increase the efficiency of the cluster association. In comparison with similar well-known methods, the proposed approaches allow to form an effective management cost accounting system and improve management in clusters using the cluster approach.

Development of modern methods of management cost accounting in the construction industry enterprises

Development of modern methods of management cost accounting in the construction industry enterprises

Management accounting of costs for human capital of the service enterprise

The systematic study, critical assessment of theoretical provisions and current practice of accounting organization of costs for human capital of the service enterprise, improvement of accounting mechanisms for the use of personal human assets and human capital of the enterprise are provided in the article. It is proved that the need to reflect human capital in accounting is due to the following factors: human capital is considered an integral part of national wealth; determining the main role of human knowledge, abilities, qualifications, and education in the process of social production; change of attitude to a person that is the appreciation of its creative potential and intellectual abilities. Characteristic definitions of human capital in aspects of different spheres of its functioning are analyzed. Peculiarities of normative and legal regulation of human capital as an intangible asset under SSAP and IFRS and identification of contradictions in accounting of personnel costs under the current accounting system are considered. The peculiarities of the organization of primary accounting of human capital at the enterprises of the service sphere are considered. It has been proposed to record information on the costs for human capital in terms of the processes of its formation, use, and development in the Employee Data Card (standard form P-2) by introducing an additional Section VI “Costs per employee.” The financial statements of analytics have been improved to Form No.1 of the Balance Sheet (Statement of Financial Condition) by introducing analytics in the first section of liabilities in the item “Additional capital” of information on human capital of the enterprise, which will generate financial statements for full disclosure to stakeholders, especially investors. Suggestions are given for the prospects of further development: research of accounting of costs for personnel of the enterprise depending on the life cycles of personnel and the enterprise, development of theoretical and methodological bases of corporate social reports on human capital, improvement of personnel value assessment methods (especially residual and liquidation value).

Cost accouting at transport services enterprise: the case of the United Kingdom

Cost accounting has emerged from the history of manufacturing. The European industrial revolution of the 18th and 19th centuries, and the concomitant modernization of industry through its mechanization, have created an increasing need for accurate production costs. There is a need to record the production costs incurred using the double entry principle. Although cost accounting has originated in the manufacturing sector, its modern application areas cover a wide range of economic activities. Today, cost accounting is practiced by various sectors of industry, manufacturing, trade, and services. Public sector organizations, such as governments, various departments, also use cost accounting to determine their effectiveness and anticipate opportunities for improvement. Cost accounting is a system used to determine the costs incurred by a business or other organization [4]. This can be defined as a system used to record cost data and to determine the cost of manufacturing a product or providing a service. Managers use the information gathered during cost accounting to control costs and make the business more profitable. Research problem. Understanding how costs change as performance changes is an important part of planning, control and decision-making [10]. There are a number of ways to perform cost estimation and analysis, but according to Sharman [23], many companies are reluctant to change their old costing methods and systems. The owners of these companies are reluctant to accept changes in the company, relying on the high costs of replacing the old system, which may occur due to the introduction of the anew system, as well as the reluctance of accounting staff to learn new methods and accept innovations. Okunbor [20], meanwhile, argues that costs should be used to make a profit, so then the question arises: can cost accounting, and the results it provides, really help not only to achieve more efficient performance results, but also to generate additional profits? Research aim - perform a comparative analysis of the cost accounting of the United Kingdom and Lithuania based on the example of the accounting of the transport company in the United Kingdom. Research objectives: To reveal the discourse of costs and their accounting in the context of the United Kingdom and Lithuania, highlighting the general similarities and differences of the concepts used in relation to both countries. 2. To define the composition of costs in accounting in the United Kingdom, distinguishing the basic principles. 3. To examine the peculiarities of cost documentation, recording and presentation in financial statements of the United Kingdom accounting, defining the cost accounting process. Research object – cost accounting management in the United Kingdom. Research methods: Analysis of scientific literature and legal acts, statistical data analysis, graphic representation and interpretation.

Application Features of the Functional Calculations for the Management Cost Accounting

Application Features of the Functional Calculations for the Management Cost Accounting

ИНСТРУМЕНТЫ УПРАВЛЕНЧЕСКОГО УЧЕТА: ИНФОРМАЦИОННЫЕ ПАНЕЛИ УПРАВЛЕНИЯ

The era of digital communication has led to an acceleration in the exchange of information, which resulted a series of changes in the activities of all organizations. The article discusses Dashboard (information management tool) within the framework of management accounting of costs. Dashboard reflects the real results of the organization's activities and deviations, and also initiates the adoption of managerial decisions and the implementation of corrective actions.

Reconstruction of Professional Curriculum System in Colleges and Universities under the Background of “New Economics and Management”: Take Cost Management Accounting for Example

Reconstruction of Professional Curriculum System in Colleges and Universities under the Background of “New Economics and Management”: Take Cost Management Accounting for Example

Discussion on the Reform of Professional Course Examination in Colleges and Universities Guided by Ability and Accomplishment Education: Take Cost Management Accounting for Example

Discussion on the Reform of Professional Course Examination in Colleges and Universities Guided by Ability and Accomplishment Education: Take Cost Management Accounting for Example

Управленческий учет затрат и калькулирование себестоимости продукции обрабатывающих производств в условиях процессно-ориентированного управления

Цель: деятельность экономических субъектов представляет собой реализацию множества взаимосвязанных бизнес-процессов, каждый из которых необходим для полноценного функционирования организации. Выделение бизнес-процессов в отдельные объекты учета затрат позволит сформировать себестоимость ряда осуществляемых мероприятий, имеющих схожие цели и результаты. Существует значительное количество теоретических разработок и практического опыта в отечественной экономической сфере, раскрывающих сущность и значение калькулирования себестоимости отдельных бизнес-процессов, однако недостаточно проработанным остается вопрос формирования информационной базы для осуществления указанных процедур, в связи с чем можно считать актуальным проведение исследования, направленного на разработку счетоводческого сопровождения учета затрат на реализацию отдельных бизнес-процессов экономических субъектов. Обоснование актуальности организации управленческого учета затрат обрабатывающих производств по бизнес-процессам, формирование системы счетоводческого сопровождения учета затрат, калькулирования себестоимости и формирования финансового результата в рамках автономной системы управленческого учета применительно к спе­цифике экономических субъектов, осуществляющих проектирование и производство котлов для центрального и автономного отопления. Обсуждение: в процессе исследования механизма функционирования системы управленческого учета в целом и затратных счетов в частности использовались методы логического, статистического анализа, общенаучные методы познания (анализ, синтез и другие), а также элементы метода бухгалтерского учета: оценка, калькуляция, двойная запись. Результаты: в статье представлена система управленческого учета затрат в процессно-ориентированных структурах, включающая в себя объекты, субъекты, предмет, задачи, инструменты, учетно-аналитическое, функции, результаты. Разработана система счетов управленческого учета затрат на реализацию бизнес-процессов, калькулирование себестоимости и определение финансового результата обрабатывающих производств. Ключевой задачей всех организаций, вне зависимости от объемов, видов деятельности и формы собственности, ставящих своей целью максимизацию получаемой прибыли, является расходование ресурсов, пропорциональное значимости осуществляемых процессов. Проведение мониторинга затратоемкости всех бизнес-процессов, реализуемых в экономическом субъекте, способствует формированию объективного информационного обеспечения принятия эффективных управленческих решений руководством организации.

Удосконалення організаційно-економічного механізму стратегічного управлінського обліку витрат підприємств в умовах кластеризації економіки в Україні

There are modern economic conditions in which Ukrainian cluster function makes it necessary to adapt to the consequences of the pandemic, which led to a decline in the economy around the world. Ukraine should focus on tools to improve the sustainability and competitiveness of national businesses. One of the most important tool is cluster policy. Because of successful management of cluster policy, the positive impact will happen on the creation, development, and support of clusters. Cluster initiatives are very important for the future of the Ukrainian economy. Today Ukrainian clusters could be the basic of new economy and accelerate of Ukraine's exit from the crisis. It could be done if balanced system and optimal cost management method were acting in the cluster. The issues of organizing strategic management accounting based on a systematic approach have a huge value for ensuring the effectiveness of clusters. The essence and place of accounting information in cluster management, accounting in the information management system of cluster member enterprises and accounting and reporting tools are insufficiently developed. The author explores the role of the organizational and economic mechanism of strategic management cost accounting in the implementation of effective cluster management to develop tools for increasing the profitability of clusters. There is a research and analysis of the state of development of the organizational and economic mechanism of strategic management cost accounting and its impact on management cost accounting in clusters using international experience. There are the main problems, which do not allow effective development and implementation of the organizational and economic mechanism for management accounting of expenses in clusters. And there are ways to solve them.

How Does Research in Sticky Cost Develop? A Review of Major Themes

Objective – This research aims to review the development of sticky cost research up until the last few decades. In general, sticky cost research has developed from one area, the existence of sticky costs, into two areas, namely determinants of sticky costs and the consequences of sticky costs. Design/methodology – Literature review was conducted to describe sticky cost research. The sticky costs’ existence is more intended to ascertain whether sticky costs occur or not, while determinant research is more focused on analyzing the factors that cause sticky costs. The consequence research aims to investigate the impact of sticky costs. This consequence research has touched on research issues in financial accounting, such as earnings predictions, abnormal price predictions.Results – Sticky cost research has experienced significant development, not only related to three areas but also the issues of each one, such as cost management accounting, including other studies in the area of corporate strategy and financial issues. Sticky cost research itself is predicted to be one of the interesting research topics in accounting for the next decades.Limitation/Suggestion - This study focuses on sticky cost research in relation with original research of sticky cost, and particularly conducted in developed countries, such as Unites States, English, and Australia. Forthcoming research would also consider any other countries about how sticky research is being progressed hence it may add knowledge of sticky cost research in overall.

The development of the cost accounting management in the telecommunication companies

The development of the cost accounting management in the telecommunication companies

Управленческий учет затрат на обеспечение пожарной безопасности промышленного предприятия

Timely reflection in the accounting registers of information on the costs of fire safety of industrial enterprises today does not have a clearly structured methodological framework, which leads to a decrease in the quality of the results of accounting work in this direction. The purpose of the article is to improve the methodology of management accounting of costs for fire safety of industrial enterprises. The author’s observations of the pheno­mena and processes that cause the occurrence of the studied costs allowed to develop a set of techniques and methods of identification and reflection of information about them in a form convenient for making management decisions and developing economic strategies, to ensure integration in the information and management space of the enterprise.

Management accounting of agricultural production: improving planning and standardization of costs in the management information system

The problems of organizing effective management accounting of agricultural production through the widespread use of economic methods, both production management and accounting and management methods and the development of their information functions, are very relevant and necessary. Management accounting in modern times is a universal integrated mechanism for the accounting and management activities of an agricultural organization. The management accounting information system should be oriented towards solving complex issues and making managerial decisions quickly. The purpose of the study is the rationale for rationing, planning and management accounting of costs, their control and analysis of production results in the agricultural management information system. The subject of the study is management accounting, while principles are formulated and new methods for rationing labor, material and biological costs of agricultural production are proposed. A unified nomenclature of cost items has been developed for planning, managerial accounting, analysis and control, both for individual production, accounting and planning objects, as well as for self-supporting units (responsibility centers) and the organization as a whole. For the organization of rationing, planning and management accounting of production costs, the sequence of implementation of special procedures is defined, a unified nomenclature of cost items is developed based on the basic conditions of requirements, which include classification attributes, degree of cost participation in the creation of new products, cost control by hierarchical levels of management. It is concluded that by comparing the actual and planned costs for the production of a particular object of planning and accounting, it is possible to analyze their cause and effect deviations, deviations of the actual marginal income and operating profit of the production of these products from their normative values ​​by changing each specific cost item.

Strategic cost management accounting in modern companies

Strategic cost management accounting in modern companies

Statin use among Veterans with dialysis-dependent chronic kidney disease.

The benefits of statin medications in patients receiving maintenance dialysis remains controversial and clinical trials overall have shown no benefit. Potential side effects of statin medications include myalgias, myopathy, and memory loss and risk of side effects associated with statin medications increase with higher statin doses. We examined statin use and statin dose among Veterans with dialysis dependent CKD. Such information may help clinicians modulate medication use and reduce pill burden in appropriate patients. This cross-sectional analysis ascertained medication utilization by linking records from the U.S. Department of Veteran's Affairs (VA) Managerial Cost Accounting Pharmacy National Data Extracts and Medicare Part D during calendar year 2013 for Veterans with dialysis-dependent CKD enrolled in and/or using VA healthcare. The venue of dialysis and patient characteristics were ascertained by linking VA Medical SAS datasets, VA Fee Basis datasets (for non-VA care paid for by VA), Medicare claims and the United States Renal Data Systems patient core files. We identified 18,494 Veterans with dialysis-dependent CKD who were enrolled in and/or used VA healthcare, had no history of kidney transplantation, and were alive on January 1, 2014. More than half (58.1%) of Veterans with dialysis-dependent CKD used statins and 35.7% of statin utilization was high dose. Statins were the third most commonly prescribed medication after beta blockers (64.8%) and phosphate binders (64.5%). Statins are a commonly prescribed medication among Veterans receiving maintenance dialysis and approximately one-third of statin utilization is high dose in this population. Future studies should examine patient preferences, comorbidities, and dialysis characteristics that impact the risks and benefits of statin use in order to identify those patients who will or will not benefit from continued statin use.

Practice environmental cost management accounting: The case of Vietnamese brick production companies

Practice environmental cost management accounting: The case of Vietnamese brick production companies

The Relationship between Costs andQuality in Veterans Health Administration Community Living Centers: An Analysis Using Longitudinal Data.

To examine the relationship between cost and quality in Veterans Health Administration (VA) nursing homes (called Community Living Centers, CLCs) using longitudinal data. One hundred and thirty CLCs over 13 quarters (from FY2009 to FY2012) were studied. Costs, resident days, and resident severity (RUGs score) were obtained from the VA Managerial Cost Accounting System. Clinical quality measures were obtained from the Minimum Data Set, and resident-centered care (RCC) was measured using the Artifacts of Culture Change Tool. We used a generalized estimating equationmodel with facilities included as fixed effects to examine the relationship between total cost and quality after controlling for resident days and severity. The model included linear and squared terms for all independent variables and interactions with resident days. With the exception of RCC, all other variables had a statistically significant relationship with total costs. For most poorer performing smaller facilities (lower size quartile), improvements in quality were associated with higher costs. For most larger facilities, improvements in quality were associated with lower costs. The relationship between cost and quality depends on facility size and current level of performance.

УПРАВЛЕНЧЕСКИЙ УЧЕТ ЗАТРАТ И КОНТРОЛЬ ЭФФЕКТИВНОСТИ ПРОИЗВОДСТВА СЕЛЬСКОХОЗЯЙСТВЕННОЙ ПРОДУКЦИИ

The production of crops and livestock under modern conditions remains a time-consuming, complex, and social and significant problems of agricultural activities. The solution of this problem requires the development of intensification processes of agricultural production and introduction of new modern technologies of cultivation of biological assets. All this allows to significantly increase production volumes, improve product quality and reduce sebestoimosti the basis of rationalization of production and management of agricultural activities. In successfully addressing these challenges to achieve food independence and security of the country plays an important role in the improvement of management accounting of production costs in agriculture by identifying and selecting objects reflect costs (object of analytical accounting), use the most advanced methods and systems of accounting, control and evaluation of production costs. In the article the practical recommendations for improving the organizational, methodological and technical aspects of management accounting, control and analysis of production costs of crop products and livestock. The approbation of these developments carried out in JSC "July JIGSHA" zavyalovsky district, skhpk (kolkhoz) im. Michurina Vavozhskoe district of the Udmurt Republic. The results of testing confirmed that information – analytical and monitoring and evaluation functions of management accounting are implemented in conjunction as a single tool of technology and mechanism of the practical development of content and structural aspects of managerial cost accounting in the performance management system of agricultural production.

ACCOUNTING AND ANALYTICAL AND MANAGEMENT TASKS FOR THE CLASSIFICATION OF INDUSTRIAL ENTERPRISES

Modern economic development trends such as globalization of markets, increasing competition, changing consumer demand, shortening life cycle of goods and technologies, increasing demands on their quality, and rising costs of used resources require executives and managers to find effective methods for managing the enterprise activity. Ensuring the competitiveness of enterprises under such conditions is impossible without the introduction of the latest management concepts, which necessitates changes and development of functional management, one of which is cost management based on the definition of new criteria for their classification. Classification of costs for management purposes should meet the main requirement – be based on signs that allow differentiating costs to manage them in various aspects. It creates preconditions for determining the level of costs by the volume of management, organization of planning, accounting, control, and analysis. The purpose of the article is to consider accounting and analytical, and managerial tasks of the classification of costs of industrial enterprises and their improvement. Methodology. The methodological basis of the paper is a set of methods and principles of scientific knowledge, general and special methods and techniques used in the study. The theoretical basis of the research is scientific works of foreign and domestic scientists on cost management, organization of information systems, cost accounting management, cost management methods. The legal basis for the study was the current legislative and regulatory documents governing the formation of costs of enterprises in Ukraine. The information base is official statistics, reporting and accounting information of enterprises, resources and publications of the Internet, results of our own research. To achieve this purpose, when writing the article, methods of a systematic approach (for research and characterization of the theoretical basis of cost classification) and structural and logical analysis (for defining the criteria for classification of costs of an industrial enterprise) are used. Practical implications. The obtained results and the developed recommendations constitute a methodological basis for improving the cost management of industrial enterprises based on the definition of new criteria for their classification. Results of the most practical significance include: common features and differences in the approaches to the classification of industrial enterprises’ costs are determined, the objectives of cost classification are determined, the classification of costs by costing articles is considered, the necessity of distinguishing additional attributes of cost classification is substantiated. Value/originality. Improved classification of costs of an industrial enterprise, which is expanded by additional criterion features (the possibility of management, reflection in accounting and reporting, principle of accepted commitments, place of formation, by the factor of stability), caused by the need to determine the relationship between the size of the enterprise costs and the possibilities of implementing managerial influence on them by managers of different levels, which enables to optimize cost composition and structure, which are reflected in different methods of cost management and are the basis for their choice of agreement.