Features of accounting of direct costs for road construction

Abstract

Introduction. Features accounting of capital construction are sufficiently disclosed in the scientific and methodological literature. They have described the peculiarities of accounting of various structures and properties building. However, cost accounting method for the construction and repair of roads have remained unnoticed by scholars and require more detailed consideration.

Purpose. The aim of the study is theoretical justification of formation of direct costs of road construction companies for different activities; methods of their determination; accounting with the requirements of national and international standards; and development of practical recommendations for accounting process improvement.

Result. In the process of study of direct costs accounting for the construction of roads of the industry, we came to the conclusion about the necessity of introduction of standard forms of primary records and accounting records. They will facilitate the process of elaboration and monitoring, and audit in case of urgent need. It has been determined the necessity to allow enterprises to adjust independently the calculation articles, regulations of spending time and materials based on natural features of the region, where the construction is carried out.