USING THE ABC SYSTEM TO SOLVE THE COMPANY'S STRATEGIC MANAGEMENT TASKS
Abstract and keywords
Abstract (English):
The paper examines the prerequisites for the transition from traditional costing systems to functional cost accounting. The possibilities of organizing cost accounting by type of activity are revealed. The analysis of the specifics of using the ABC system for calculating costs, as well as information support for strategic management decisions, is carried out. The role of functional cost analysis for evaluating the effectiveness of certain types of company activities is considered. The levels of cost accounting organization in relation to products are disclosed. The stages of calculating the cost in the ABC system and the corresponding possibilities of using the results are presented. Recommendations on the implementation of the ABC system in the practice of companies are given.

Keywords:
cost management accounting, abc system, costing, cost drivers, functional-costs analysis, cost allocation, justification of management decisions
References

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