Accounting and analytical support of cost management

Abstract

Introduction. The article researches the essence of the cost as an object of accounting. It highlights the importance and tasks of the cost management system. The essence, purpose and functions of the accounting and analytical support of cost management are revealed. It is determined that the main sources of data for the management of company costs are the following ones: external (regulatory) and internal (accounting, non-accounting and analytical) information. The article lists the factors that affect the production cost and methods of accounting for production.

Purpose. The article aims to study accounting information in terms of cost management and to reveal the value of the accounting and analytical support of the issuer of corporate rights in making managerial decisions.

Method (methodology). In the process of research, a number of scientific methods have been used, including method of comparison, method of grouping, method of analysis and synthesis.

Results. The article summarizes the scientific approaches to the essence of accounting and analytical support. It presents the author’s vision of the accounting and analytical support for cost management. It researches the problems of formation of accounting and analytical support for cost management of the issuer of corporate rights.