Cost Management Methods Research Articles

Costs of growing wheat and oilseed rape in slovakia and other V4 countries

This paper deals with the issue of cost in primary agricultural production. In this paper, we assess the trends in the costs of agricultural products in the V4 countries and compare them with each other. The subject of the analysis is the evaluation of the structure and development of costs and benefits for agricultural production as a whole, partially for crop and for livestock production and also for two specifically selected products. The purpose is to find out whether the costs incurred for the cultivation of wheat and oilseed rape in Slovakia are adequate as they are compared with the surrounding countries. Following the evaluation of the development of total costs, we define the substantive issues in overhead costs and evaluate their development. Based on the results of the analyses we have defined the proportion of overhead costs in agriculture as an important component of total production costs. The paper points to the need to innovate and modernise the way we think about overheads and the method of their calculation. We also look for the answer to how modern cost management methods could influence their height and development. We propose to improve the calculation system of agricultural enterprises in the analysed countries by introducing of non-traditional calculation method which removes the inaccuracy of the traditional methods and the non-targeted allocation of high overheads to the products.

工事進行基準適用プロジェクトにおけるEVMを用いたコスト・マネジメント( アーンド・バリュー・マネジメントの適用)

工事進行基準適用プロジェクトにおけるEVMを用いたコスト・マネジメント( アーンド・バリュー・マネジメントの適用)

استخدام اسلوب التکلفه علی اساس النشاط الموجه بالوقت فی اداره تکلفه العنصر البشری

تمثل الهدف الرئيسي للبحث في بيان مدى إمکانية استخدام أسلوب التکلفة على أساس النشاط الموجه بالوقت في إدارة تکلفة العنصر البشري ، وذلک من خلال تناول الاطار الفکري لأساليب إدارة التکلفة وأسلوب التکلفة على أساس النشاط الموجه بالوقت ، ومن ثم تم التعرض إلى مناقشة إدارة تکلفة العنصر البشري من خلال الترکيز على محاسبة الموارد البشرية ، وتکلفة العنصر البشري ، ولقد اعتمد الباحث في التأصيل النظري على ما ورد في ادبيات الفکر المحاسبي من بحوث ودوريات علمية وکتب ورسائل عربية وأجنبية ، کما قام الباحث بتصميم قائمة استقصاء الجمع بيانات الدراسة تم توجيهها إلى موظفي الإدارة المالية وإدارة الموارد البشرية في ثلاث شرکات يمنية ( شرکة يمن موبايل للهاتف النقال ، وشرکة MTN للهاتف المحمول ، وشرکة للهاتف المحمول ) . Abstract: The main objective of this study is to show the usability of TDABC in managing the cost of human element through discussing the intellectual framework of cost management methods, TDABC, and human element cost. In the theoretical review, the researcher relied on the accounting literature including Arabic and foreign research, periodicals, books, and theses. In addition, the researcher designed the questionnaire to collect data for the study. The questionnaires were administered to the employees of financial department and human resource department in three Yemeni (Yemen Mobile, MTN, Y).

2108 工事進行基準適用プロジェクトにおけるEVMを用いたコスト・マネジメント(一般セッション)

2108 工事進行基準適用プロジェクトにおけるEVMを用いたコスト・マネジメント(一般セッション)

Towards Innovate Methods of Construction Cost Management and Control

Towards Innovate Methods of Construction Cost Management and Control

The features of costs management at an airline: heoretical basics

This article describes cost management’s problem at an airline. The applied methods of theoretical research are the classification method, comparison, generalization, analysis and synthesis. Scientifically based classification of costs is analyzed in the article, i.e. a cost classification is the first step towards improving the cost management. The various features of the classification of costs are educed in the article. The analysis of the classification of costs is performed in three main areas: cost classification for determining a production cost (works, services), classification for management decisions also for control and regulation the activities of the responsibility centers. Authors identify and describe the typical tasks of cost management at an enterprise and note that all tasks of the cost management must be solved complexly so as improve the economic efficiency of the enterprise. Authors concentrate special attention on the fact that the problem solving set by enterprise expects systematization of the cost management methods’ varieties. Exploring the main cost management methods, authors reveal their advantages and disadvantages. Based on the advantages and disadvantages of each method modern enterprises can use a mixed model of management of the financial costs. Authors conclude that the main cost management tool is the analysis of the actual cost’s deviation from their standard values which are calculated separately for each responsibility center and cost element. The article describes the specifics of an airline’s costs. The main content of the research is the analysis of the air transportation’s prime cost calculation technique existing nowadays. The conclusion: based on the specific needs airlines may choose different approaches and methodologies for the calculation of the air transportation’s prime cost.

Towards Innovate Methods of Construction Cost Management and Control

Towards Innovate Methods of Construction Cost Management and Control

Budgeting as a Method of Cost Management Using a Residential Community as an Example

Budgeting as a Method of Cost Management Using a Residential Community as an Example

Управление затратами организации с использованием кост-киллинга

This article deals with the process of cost management. The author provides
 a description of cost-killing as a method of cost management and the ways of its
 application with regard to the productive capacity, personnel, inventory, logistics
 and distribution management, reveals a need for optimization of and rationing
 variable costs of production by constructing an econometric model.

Striga Biocontrol on a Toothpick: A Readily Deployable and Inexpensive Method for Smallholder Farmers.

Striga hermonthica (witchweed) is a parasitic weed that attacks and significantly reduces the yields of maize, sorghum, millet, and sugarcane throughout sub-Saharan Africa. Low cost management methods such as hand weeding, short crop rotations, trap cropping, or conventional biocontrol have not been effective. Likewise, Striga-tolerant or herbicide-resistant maize cultivars are higher yielding, but are often beyond the economic means of sustenance farmers. The fungal pathogen, Fusarium oxysporum f.sp. strigae, has been the object of numerous studies to develop Striga biocontrol. Under experimental conditions this pathogen can reduce the incidence of Striga infestation but field use is not extensive, perhaps because it has not been sufficiently effective in restoring crop yield and reducing the soil Striga seed bank. Here we brought together Kenyan and US crop scientists with smallholder farmers to develop and validate an effective biocontrol strategy for management of Striga on smallholder farms. Key components of this research project were the following: (1) Development of a two-step method of fungal delivery, including laboratory coating of primary inoculum on toothpicks, followed by on-farm production of secondary field inoculum in boiled rice enabling delivery of vigorous, fresh inoculum directly to the seedbed; (2) Training of smallholder farmers (85% women), to produce the biocontrol agent and incorporate it into their maize plantings in Striga-infested soils and collect agronomic data. The field tests expanded from 30 smallholder farmers to a two-season, 500-farmer plot trial including paired plus and minus biocontrol plots with fertilizer and hybrid seed in both plots and; (3) Concerted selection of variants of the pathogen identified for enhanced virulence, as has been demonstrated in other host parasite systems were employed here on Striga via pathogen excretion of the amino acids L-leucine and L-tyrosine that are toxic to Striga but innocuous to maize. This overall strategy resulted in an average of >50% increased maize yield in the March to June rains season and >40% in the September to December rains season. Integration of this enhanced plant pathogen to Striga management in maize can significantly increase the maize yield of smallholder farmers in Kenya.

Analysis on the Logistics Cost Control of Self-Logistics System in the Electric Business Enterprise

In twenty-first century, the information revolution changes the way of human life, changes the enterprise business process, and further promotes the development of economic information and economic globalization. Especially in the new Internet era, the rapid development of E-business enterprise continues to heat up. Under the informatization of E-business enterprises, the circulation of commodities, logistics, capital flow and information flow unite highly. The important part of the development of E-business enterprises cannot be separated from the effective management and controlling of logistics costs, especially the cost of controlling of self-logistics system. The research on logistics cost management is very important for the E-business enterprise management. In order to survive and develop, the E-business enterprise according to the environment and their own development, must continuously improve the logistics cost management method, especially find a breakthrough point in the new economic environment, strengthen its logistics cost controlling, follow the trend of the times, and enhance the self-competitiveness. The article will discuss the logistics cost management status and existing problems in the self-logistics business enterprises, and put forward some suggestions.

СИСТЕМА УПРАВЛІННЯ ВИТРАТАМИ НА ПІДПРИЄМСТВАХ – ВИРОБНИКАХ РУХОМОГО СКЛАДУ ЗАЛІЗНИЧНОГО ТРАНСПОРТУ

In the article the approaches to definition of essence of cost management. The author noted that the provision of cargo through the territory of Ukraine requires the development of a competitive environment in the market of railway services. The problem of providing the necessary freight rolling stock in sufficient quantity and in good technical condition is one of the most acute problems of development of railway transport and requires big investments, almost the only source which, in the absence of investment are own funds of enterprises – manufacturers of rolling stock. That is why the actual problem of development of effective system of cost management at enterprises – manufacturers of rolling stock of railway transport as a means of cost optimization and, therefore, increase their profits and own funds temporarily idle. The method of cost management is a mechanism of implementation of managerial influence of the management subsystem on the managed subsystem as a process of realization of functions of management (planning, organization, motivation, regulation, control) using administrative, economic and socio-psychological methods while respecting the principles of consistency, autocracy, cooperation, initiative and discipline of a scientific nature.

Modern Methods for Cost Management in Construction Enterprises

Abstract Cost management should be seen as an essential function of enterprises which perform their activities in current market environment. One of the main factors affecting the level of achieved profit and favourable market position is cost structure. The company's ability to obtain necessary and reliable information on their own cost, subsequent processing and effective cost management is crucial for achieving success. This study focuses on cost management and the use of modern methods of cost management in construction enterprises. The aim of this paper is to identify approaches to cost management in Slovak construction enterprises, based on own empirical research.

Optimization of Methods and Systems for Strategic and Operational Management Accounting in Agricultural Enterprises

The article focuses on the cost management accounting system as a basis for effective strategic and operational management and a guarantor for maximum profit. It examines various methods of cost management in agricultural holdings and enterprises. Characteristics of the methods are presented in the article. Such conditions for the use of methods as division of costs into variable and fixed, determination of main activities, continuous cost control, marketing forecasts, product competitiveness, the state of internal processes of the enterprise are considered. Direct costing, CVP-analysis and Standard Cost are examined in more detail. The calculation of the contribution margin from cattle breeding products and appropriate management document are presented. The article explores advantages and disadvantages of methods with appropriate recommendations for their use in agricultural enterprises. The calculation of the actual costs variances from standards is shown. Prerogative ways of improving the management accounting system in an unstable financial situation through the appropriate choice of methods and cost management system are defined.

Budgeting System in Construction Organizations in Conditions of Process-Oriented Normative Model of Cost Accounting

The article analyses the features of the structure of the budgeting system in conditions of the process-oriented normative method of cost management. The authors set out the peculiarities of budget development in the construction industry, consider the stages of implementation of process-oriented budgeting in conditions of application the process-oriented normative method of cost management in construction industry. Using this model can be very useful for construction industry companies and help them set their goals to achieve performance indicators. DOI: 10.5901/mjss.2014.v5n24p56

Discussion on Objective-Cost Planning for Construction Project Objective-Total Cost Management

The construction project for the construction woks is the cost center of the construction enterprise and the standpoint of the cost management for the construction enterprise, strengthening the cost management is the inevitable choice of the construction enterprise to accumulate the funds and enhance the competitiveness. Since the construction project period is long, it is complex to recognize the median income and measurement of the intermediate cost, and the bidding period and the cost incurred after putting into use are uncertain, the traditional cost management method no longer meets the practical needs of the management for the building construction enterprise. This requires us to be innovative in the cost management mode of the construction project, and make a scientific estimation in the future level of cost and possible future trends through the objective-cost planning research of the construction project.

Analysis of All Inclusive System Applied by the Accommodation Managements in Turkey in the Context of Costing

That the accommodation managements could sustain their existences operating in a competition in which the sale price of services they provide is ascertained show parallelism with controls of their costs. In this context, accommodation managements should provide demands and expectations of customers with low cost, short time and high quality targets by realizing at the same time and level. That’s why, they have focused on target cost (TC) method which aims to present on cost level that actualizes targeted profit by protecting managements of cost before being realized, quality of service and its variety. TC confronts us as an important cost management method used in developing new product and service, and existent services and processes. TC method aims to compare the demands and expectations of customers with proportion of costs for the services the managements will provide and launch activities in this proportional balance. This study has been carried out for the five-star hotel managements and holiday villages operating in Antalya, which is the most important destination centre in Turkey of all the important tourism centers in world. This study has been put into practice in two steps. In first step, application and perception of TC have been ascertained by using survey method and face to face meeting. In the second step, by presenting how an application of TC is actualized in a accommodation management, the costs ascertained according to TC and actual costs have been compared.

Research on the Whole Team Cost Management Based on Sustainable Development

With the influence of the project on the society and environment increasing, and with the world development strategic position of sustainable development more significant, on project cost management we should stand in the project’s own angle considering its own financial benefits, and all the time pay attention to the project’s impacts on society and environment to realize the total optimum profits of economy, society and environment standing on a higher layer, on the whole society and economy layer and based on the guiding ideology of sustainable development. The whole team cost management, as the core of cost management, is no exception. Taking the sustainable development as the basic guiding philosophy, the owner and the other parties act with united strength and coordination on the basis of mutual trust and shared resources, to form a whole team of new partnership and achieve “win-win”. The whole team cost management based on sustainable development is a kind of green cost management method, and the extension and sublimation of the concept and connotation of traditional cost management. Researching on the theory and method of the whole team cost management based on sustainable development has important theoretical and practical meaning to sustainable development of project itself and even the whole world.

Cost Accounting and Control Model Research Based on Cluster Supply Chain

Enterprise management mode is being changed by a single enterprise management mode into supply chain management. The development of economy calls for the needs of the application of cost management in the supply chain, which is one of the most important trends in the field of cost management. However, the weak basis for cost management of small and medium enterprises (SMEs) and the lack of funds and personnel various resources make most of the current cost management methods and technologies in supply chain cannot be applied into SMEs’ management. All of these give practitioners in SMEs and researchers in the field of cost research an important research topic-the unique management mode of cost management for SMEs in the supply chain environment.

Lean Accounting - An Ingenious Solution for Cost Optimization

The aim of this work is to present a new concept in accounting management: Lean Accounting. This work explains the way the lean concept was born; its benefits for the production system of the factories and the necessity of applying lean accounting in the factories which have implemented lean production, taking into account both its advantages and the boundaries of the other cost management methods in those factories.