Expenses administration as a factor that increases profitability of agricultural enterprises

Abstract

Introduction. The problem of cost management is one of the most urgent, the most difficult for each entity because  the level and dynamics of the cost depend not only on the financial results of individual enterprises and their divisions, but also on the efficiency of formation of national income at the state level in general. The ultimate aim of any industrial activity is profit. Considering its role, there is a need for an effective system of management costs. There is a need for such management system, which would create conditions for storage of property companies and provide information on the basis of which the managers can make the effective management decisions.

Goal. The article is a theoretical study of the characteristics and problems of cost management of agricultural enterprises in Ukraine.

The method (methodology). In this article we have used such methods as the method of logics that allows us to analyze scientific papers in the field of cost management.

Results. That system is considered to be effective which is based on concept that takes into account the peculiarities of the company, its structure, the stage of the product life cycle and enterprise in general. The company also has to choose the concept of cost management, which will increase its competitiveness and profitability in the market.