Open AccessEfficient cost management
Author(s) -
Vera L. Nazarova,
А. А. Корженгулова,
Alexey Alexandrovich Mesentsev,
Alaydarkyzy Kalamkas,
Aida Mazhidovna Dauzova
Publication year - 2021
Publication title -
laplage em revista
Language(s) - English
Resource type - Journals
ISSN - 2446-6220
DOI - 10.24115/s2446-6220202172714p.268-283
Subject(s) - production (economics) , throughput accounting , context (archaeology) , accounting information system , control (management) , management accounting , business , cost accounting , investment (military) , element (criminal law) , management control system , industrial organization , environmental economics , risk analysis (engineering) , accounting , accounting management , economics , microeconomics , paleontology , management , politics , political science , law , biology
In a market economy requires a system of presentation of accounting information that would allow the most efficient use of available resources, it is also assumed that there is a choice of alternatives, it is required to select resources, sources of financing, forms and methods of investment, etc., that is, to make various management decisions that are related to the property of the organization. Therefore, to date, there is an urgent need to build an information and control system for managing production costs, in the relationship and interdependence of the indicators formed in it. Based on the existing principles, it seems necessary to create in the accounting management information and control system that meets the requirement of effective management of production costs to the greatest extent, when each Manager would make decisions to reduce costs and maximize profits. In the historical context, this was the main reason for the allocation of management accounting as an independent element of the accounting system.