SOME ISSUES OF IMPROVING COST ACCOUNTING AND FORMATION OF PRODUCTION COST

Abstract

The article reveals the economic content of production costs and production costs, considers the classification and composition of production costs, systematizes the main components of the organization of the accounting system for production costs and the formation of production costs, as well as the main elements of the accounting policy of a manufacturing enterprise that significantly affect the process of accounting for production costs and product costing. The basis of the study is the identification of the categories "costs", "production costs", "cost of production", as well as the analysis of the processes of accounting for production costs and calculation of the cost of production. The object of the study is the process of accounting for production costs and calculating the cost of production, the subject of the study is a set of theoretical, methodical and practical approaches to the process of information support for enterprise cost management. Due to expenses, various aspects of the activity of business entities are highlighted, after the causes of their occurrence, there are almost always management decisions. The main tasks of production cost accounting are control over production activity and management of the costs of its implementation. Cost accounting of production enterprises is a set of works on grouping and displaying in an analytical section the cost of material, labor and other resources spent in the reporting period. Direct and indirect costs are allocated according to the cost price. Direct costs are those that can be directly attributed to a specific cost object and included in the cost of products (works, services). Indirect costs are costs that cannot be attributed directly to a specific cost object in an economically feasible way. In order to include them in the cost price, it is necessary to pre-allocate them between accounting objects. Calculating the cost of production consists of the distribution of actual production costs by units of production. Costing of finished products is calculated monthly. The actual costs accumulated in the accounting accounts of production costs, taking into account the costs of the balance of work-in-progress at the beginning of the month, minus the costs of the balance of work-in-progress at the end of the month, take part in the calculation.