scholarly journals Interrelation of management accounting and internal control systems

2021 ◽  
pp. 176-182
Author(s):  
Vera V. Krainova Krainova
Keyword(s):  
Internal Control ◽  
Management Accounting ◽  
Information Support ◽  
Accounting System ◽  
Model Of Management ◽  
Definition Of ◽  
Control And Management ◽  
The Relationship ◽  
Management Accounting System

The article substantiates the relationship between internal control and management accounting. In the course of the substantiation, the content of the definition of "management accounting" is specified in the context of the study of the role of the management accounting system in the information support of internal control; on the example of shipping companies, the information of management accounting for the purposes of internal control is systematized. A conceptual model of management accounting is constructed, the system-forming elements of the management accounting system are identified and clarified, each of which has control elements "embedded" in it.

scholarly journals METHODOLOGICAL PRINCIPLES OF EVALUATION OF THE MANAGEMENT ACCOUNTING SYSTEM AT MILK PROCESSING ENTERPRISES

2020 ◽  
pp. 126-138
Author(s):  
Olena Moshkovska
Keyword(s):  
Evaluation System ◽  
Management Accounting ◽  
Survey Methods ◽  
Internal Audit ◽  
Information Support ◽  
Accounting System ◽  
Graphic Modeling ◽  
Model Of Management ◽  
Methodological Principles ◽  
Management Accounting System

Introduction. The experience of development of the domestic management system at many dairy enterprises in the last decade has shown that even with an economically substantiated management structure, the desired results cannot be achieved. One of the main reasons for this situation is the lack of a system for evaluating management accounting in the enterprise and the lack of objective methods that ensure the relative reliability of this assessment. Thus, the article defines the methodological principles of evaluating the management accounting system at dairy enterprises. Methods. Both general scientific (analysis, deduction, induction, generalization, classification) and special research methods (methods of expert survey, methods of mathematical statistics, graphic modeling) are used in the process of working on the article. Results. The author of the article developed a multidimensional model of management accounting system evaluation, which provides an opportunity to find out the opinions of staff and managers of dairy enterprises on a single object of evaluation - management accounting, using a special mathematical apparatus to identify the most problematic issues affecting the quality of management accounting. way structured this system and highlighting certain elements in it, using a list of issues of interest to the researcher. Discussion. The implementation of the proposed recommendations allows at a new level of information support to determine the state of management accounting at dairy enterprises, to determine the list of real problems, "weaknesses" of this accounting system. Prospects for further research are related to determining the possibilities of applying the proposed method of evaluating the management accounting system at dairy enterprises on the basis of constant monitoring of the system, creating a methodology for its internal audit. Keywords: management accounting, evaluation, system, dairy enterprises, parameters, rating.

Formation of Indicators in the Management Accounting System for Assessing the Sustainable Development of Companies (for Example, the Automotive Industry)

Auditor ◽  
2021 ◽  
pp. 22-29
Author(s):  
Svyetlana Grishkina ◽  
K. Chestnova
Keyword(s):  
Sustainable Development ◽  
Automotive Industry ◽  
Management Accounting ◽  
Accounting System ◽  
Financial Indicators ◽  
The Sustainable Development ◽  
Management Accounting System

The article shows the role of an effi ciently organized management accounting system in achieving sustainable development of companies in the automotive industry, substantiates the feasibility of forming fi nancial and non-financial indicators in the management accounting system for assessing sustainable development, and also updates the system of indicators corresponding to the specifi cs of the industry and modern trends in its development.

scholarly journals Improving the Management Accounting System through Strategic Budgeting in an Industrial Enterprise

2020 ◽  
pp. 78-84
Author(s):  
K. Simakov ◽  
◽  
S. Chernyshova ◽  
Keyword(s):  
Management Accounting ◽  
Industrial Enterprise ◽  
Accounting System ◽  
Managerial Decisions ◽  
Operational Level ◽  
Strategic Goals ◽  
The Relationship ◽  
Budgeting Process

The article defines the principles of formation, development, implementation and use of management accounting at an industrial enterprise. The scheme of making managerial decisions within the concept of budgeting is given. The necessity of determining the role of budgeting in the system of management accounting of an industrial enterprise is substantiated. The relationship between the budgeting process and the strategic goals of the industrial enterprise with the help of a balanced system of indicators, which provides a comprehensive assessment of the strategic indicators of the enterprise by integrating its strategic goals and tactical capabilities. The mechanism of transformation of strategic goals of an industrial enterprise to the operational level with the help of components of a balanced system of indicators is presented. It is proved that the use of strategic budgets in the system of management accounting makes it possible to improve the quality of current and strategic planning in the enterprise, to make it an effective element of the management system.

scholarly journals Management Accounting System, Internal Control of Credit Sales and Accounts Receivable Collections in Bakery Industry

2020 ◽  
Vol 9 (3) ◽  
pp. 105-111
Author(s):  
SUMINI .
Keyword(s):  
Internal Control ◽  
Management Accounting ◽  
Research Field ◽  
Accounting System ◽  
Specific Topic ◽  
Accounts Receivable ◽  
Bakery Industry ◽  
A Company ◽  
Financial Issues ◽  
Management Accounting System

This study aims to analyze the management accounting system, internal control of credit sales and accounts receivable collections in bakery industry. The novelty of this paper is to find out the results of bakery industy by considering a specific topic of financial issues. Every company has a role in the provision of credit problems but one of the most efficient ways for increasing sales is the provision of credit. However, basically credit sales have considerable customer risks who are not supposed to pay on accounts or customer who are not willing to pay for some reasons. To minimize these risks regarding the provision of credit, the company manager must be careful in selecting prospective customer before approving credit sales. This bakery industry is a company engaged in production and sales of bread and pastries. Based on research conducted by the author, the author asked the question whether the procedure of credit sales of accounts receivable collection has implemented internal control or not. The research method used is a library at the research field. Based on the result of this study, it concluded that the company sales of the applicable credit are in considerable amount, but the accounts receivable collection still has a few weaknesses which allow overdue customers to proceed the purchase orders. It is preferably to customers who have an overdue to be given limitation in ordering goods.

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