COST ACCOUNTING AND COST ANALYSIS OF CROP PRODUCTION

Abstract

The article examines the theoretical and methodological principles of cost accounting and analysis of the cost of crop production in the context of the transformation of the agricultural sector and increased competition. The economic essence of costs in crop production, their classification and the features of the formation of production costs are revealed. The role of accounting as an information base for making management decisions on optimizing costs and increasing production efficiency is substantiated. The main directions of improving the methodology for calculating the cost of crop production are determined, taking into account the specifics of technological processes and seasonality of production. Practical recommendations are proposed for increasing the analytical quality of accounting information to ensure cost control and increase the profitability of agricultural enterprises. In the context of globalization, digitalization and increased competition in the agricultural market, effective management of agricultural enterprises' costs is of particular importance. The formation of reliable information on the costs and cost of crop production is a key prerequisite for making informed management decisions, ensuring the competitiveness and financial stability of enterprises. The specifics of crop production, in particular the seasonality of production, dependence on natural and climatic conditions, long production cycles and the presence of biological assets, complicate the process of accounting and analyzing costs. This necessitates the improvement of methodological approaches to calculating the cost of production and the development of analytical tools for cost management. The practical value of the article lies in the development and systematization of applied recommendations for improving cost accounting and analysis of the cost of crop production, taking into account industry specifics, seasonality of production and modern conditions of digitalization of agricultural business. The proposed approaches to grouping and calculating costs can be used by agricultural enterprises to increase the accuracy of determining the cost of individual types of products, strengthen control over costs and identify internal reserves for reducing their level.