Авторы:
Устименко Дарья Сергеевна
Рубрика
Экономические науки
Ключевые слова
Аннотация статьи
Текст статьи
Cost accounting involves the techniques for as: 1) Determining the costs of products, processes, projects, etc. in order to report the correct amounts on the financial statements, and 2) Assisting management in making decisions and in the planning and control of an organization.
For example, cost accounts used to compute the unit cost of a manufacturer’s products in order to report the cost of inventory on its balance sheet and the cost of goods sold on its income statement. This is achieving with techniques such as the allocation of manufacturing overhead costs and through the use of process costing, operations costing, and job-order costing systems.
It assists management by providing analysis of cost behavior, cost-volume-profit relationships, operational and capital budgeting, standard costing, variance analyses for costs and revenues, transfer pricing, activity-based costing, and more. They had its roots in manufacturing businesses, but today it extends to service businesses.
For example, a bank will use cost accounting to determine the cost of processing a customer’s check and/or a deposit. This, in turn, may provide management with guidance in the pricing of these services.
Cost accounts concerned with ascertainment and control of costs. The information provided by cost-accounting to the management is helpful for cost control and cost reduction through functions of planning, decision making, and control. Initially, they confined itself to cost ascertainment and presentation of the same mainly to find out product cost.
With the introduction of large-scale production, the scope was widened and providing information for cost control and cost reduction has assuming equal significance along with finding out the cost of production. To start with cost-accounting was apply in manufacturing activities but now it applies in service organizations, government organizations, local authorities, agricultural farms, Extractive industries and so on.
Accounting for agricultural farms is the application of accounting practices to agricultural operations. The main purpose of accounting at agricultural enterprises is the analysis, interpretation and use of economic information to identify enterprise development trends, select options and make management decisions. In particular, accounting information is used at the following management levels: on-farm (in production units – primary and consolidated accounting data), general-business (for the whole farm – current accounting data, including reporting data) and the external level of agricultural production management (mainly used quarterly and annual financial statements). Also accounting performs a control function, which illustrate the implementation of the organizational plan and assess the profitability of each sector of the economy, as well as to prevent failure in work, wasteful use of resources and therefore to save enterprise funds. The objects of accounting in agriculture are:
Accounting at agricultural enterprises has a number of features that reflect the specifics of the industry. This is caused by a natural factor: the production process is associated with land and living organisms, as well as a social factor – in agriculture, various organizational and legal forms of enterprises are possible
There are main features of accounting at agricultural enterprises:
In addition to these factors, the organization of accounting in agriculture is influenced by the organizational and legal forms of enterprises. Agricultural enterprises can be joint-stock companies, partnerships, limited liability companies, cooperatives, unitary enterprises.
The accounting system of agricultural enterprises depends on the organization of agricultural production, the legal form and specialization of the economy, but at the same time it has common features characteristic of accounting in any sector of the national economy.
Accounting has always been a difficult task. In agriculture, its management is also accompanied by a number of problems related to the specifics of the industry. All these problems are relevant in their own way, and are associated with different aspects of agricultural activity. One of the problems is the registration of land plots of agricultural organizations. Since land is a specific factor of production, its consideration is accompanied by a number of features. Accounting is carried out in two directions. Since land is a subject of labor, it is necessary to take into account its size, the amount of land by similar fertility. Such records are maintained in physical terms – hectares.
In conclusion
Land accounting to this day remains one of the main problems in agriculture. Standards are changing and improving many enterprises strive for international standards. Russian accounting is specific in its own way, and land accounting is no exception. Even between enterprises there are differences in accounting for land, its arrival and disposal, the quantity and quality of investments in them. Therefore, it is difficult to identify the best accounting methods for their subsequent analysis. Land is such a type of fixed assets, which is very specific and even within the framework of one organization, the counted lands can be different, by fertility or by the number of investments made into it.
Список литературы
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Устименко Д. С. Agriculture cost accounting // Технологии, образование, наука: стратегия прорыва : сборник научных трудов по материалам Международной научно-практической конференции 6 мар. 2020г. Белгород : ООО Агентство перспективных научных исследований (АПНИ), 2020. С. 15-17. URL: https://apni.ru/article/511-agriculture-cost-accounting
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