Management accounting and costs control in the livestock industry

Abstract

The article concerns the basics of management accounting and costs control in key sectors of the livestock. Management accounting is based on the intersection of science, by using different scientific methods, combining planning, organization and management of production, accounting and operational accounting, management analysis, valuation, a number of other economic sciences. In view of the integration of this new integrated industry knowledge, several of applied economic sciences, there are substantial breakthroughs to new knowledge and technologies. Accounting enables both managerial staff, so external users to have a fair presentation of the course of business, accounting is the link between economic activity and the management of the enterprise. The effectiveness of this communication provides by control. Control regulates economic relations, providing: the compliance of achieved economic operations in accordance with the statutory legal acts and regulations of the economic entity, the accuracy of accounting, accounting and financial reporting; the willingness of economic unit to external audits; the provision of services for the development and implementation of the entity’s accounting policies to develop and implement on-farm regulations; the maintenance of payments with the state, the owners (shareholders) on shares (shares) and partners for the obligations and agreements.