THEORETICAL-METHODOLOGICAL AND PRACTICAL ASPECTS OF MANAGEMENT ACCOUNTING AT THE ENTERPRISE

The article examines the tasks, stages of evolutionary development, functions, requirements for information generated in management accounting. Such management accounting tools as CVP-analysis, standard-costing, direct-costing, ABC-analysis, accounting engineering tools, TQM (Total Quality Management), JIT (Just-in-time), and the need for their use in the company are studied in detail. The paper concludes that it is reasonable to use management accounting in Russian companies, and substantiates the importance of information generated in management accounting. The emphasis is made on the management accounting as a system of economic accounting in general. The comparison of management and accounting and the allocation of management accounting in a separate information system are made. The principles of creation of the internal cost accounting system are described. The article reveals the interaction of two accounting subsystems: financial accounting and management accounting. Definitions of financial and management accounting are given. The article discusses two possible options for interaction of accounting subsystems: integrated accounting model — management and financial accounting within a single chart of accounts, and autonomous accounting model — each subsystem has its own chart of accounts. The necessity of application of the integrated or autonomous model of accounting in the company is defined. The authors in this paper identify several options for management accounting and organization of the cost accounting. The article reflects the application of the 20’s and 30’s accounts. In the article the authors suggest that for the purposes of management accounting the business transactions will be reflected in the 20’s accounts in the context of responsibility centers, cost centers, income centers, activities, and 30 accounts will be accounts of the financial result.

management accounting, tasks, functions, tools, information, traditional accounting system, integrated model, autonomous model, CVP-analysis, standard-costing, direct-costing, ABC-analysis, accounting engineering tools, TQM (Total Quality Management), JIT (Just-in-time).

Grafova T. O., Tishchenko I. A., Mishchenko O. A. Theoretical-methodological and practical aspects of management accounting at the enterprise // Business. Education. Law. 2018. No. 3 (44). P. 45–53. DOI: 10.25683/VOLBI.2018.44.333.