Decomposition Approach to Formation of Accounting and Analytical System of Cost Management in Agricultural Enterprises

Abstract

The formation of market relations and a growing competitive struggle stipulate the necessity of introduction of modern methods of cost management and control by the economic entities. The purpose of this research is to develop the methods of cost accounting and management in the field of industrial sugar-beet growing on the base of the decomposition formation of the management accounting system. For this, the empiric data of 168 agricultural enterprises were used, which allowed grouping these objects of research according to the level of specialization, concentration and intensification of production. A more profound research was performed in the economic entities with the maximal efficiency of the sugar-beet production that can be compared according to the level of the accounting process organization. As a result of solving of the set problems, the classification of the responsibility and cost centers was developed and the method of cost management accounting and calculation of sugar-beet products according to the responsibility centers of the organizations, taking into account the qualitative characteristics of manufactured products, was approved. The practical application of the developed measures gives the powerful capabilities for the formation of the more reliable information of the costs necessary for the efficient management of the studied branch.

The effect of innovation clusters on investment attractiveness growth in Russia

“…Those clusters are mainly featured by several territorial organization forms, and have various shares of technical, scientific, and production action ratio in the their employment structure. Indeed, there existed no substantial drop in the clusters' number, given the fact that individual clusters have been inregrated into consortia (Adamenko, 2017;Govdya et al, 2015;Kesyan, 2014;Govdya et al, 2017;Kashukoev et al, 2020;Makarenko et al, 2018).…”

“…Hence, one is able confidently discuss a straight relation between the clusters number (innovative and industrial) in the nation and the chances throughout the generation and enhancement of innovations. That tendency is approved by the relations between the clusters' number and the nation's innovative growth index (Govdya et al, 2017).…”

The role of innovation clusters in Russia for investment attractiveness development and activation of foreign economic integration

“…These clusters are characterized by various forms of territorial organization, and also have different proportions of scientific, technical and production activity ratio in the structure of their employment. In fact, there was no significant reduction in the number of clusters, since individual clusters have been united into consortia [1,4,8,[21][22][23]. All clusters suggest a synergistic effect.…”

Combining Total Cost of Ownership and Multi-Criteria Decision Analysis to Improve Cost Management in Family Farming

“…Cost management is focused on acquisition of relevant information to assist stakeholders in management and decision making [32,33]. A good understanding of the behavior of materials and labor costs are particularly important in the implementation of a coherent cost management system in agriculture [34].…”

“…A good understanding of the behavior of materials and labor costs are particularly important in the implementation of a coherent cost management system in agriculture [34]. Cost management contributes to achieve higher levels of efficiency in two ways: (1) performing internal control, through monitoring of planned and realized costs; (2) assisting decision making through the analysis of production and accounting information considering the short and long-term [2,32].…”