Cost Accounting Systems at Different Stages of the Organization's Life Cycle

Cost Accounting Systems at Different Stages of the Organization's Life Cycle This work is devoted to studying of costs at the enterprise and work with them. The presented work is relevant for several reasons. First, any commercial company strives to increase profits at any stage of the work. Correctly established system of the account of expenses will lead the enterprise to optimization of financial indicators. Secondly, the market economy today concerns all spheres of the market, where a significant place is occupied by enterprises. For stable development, growth and increase of efficiency of activity, companies have to resort to more progressive measures, for operative control and improvement of the financial state of their enterprise. Effective means in this case become knowledge about the costs of production, their control, analysis and forecast. The purpose of the work is to determine the importance of accounting for costs in the enterprise and the correctness of the statement, to identify differences in costs for different needs over time, to analyze and suggest possible ways of optimization. In order, to achieve the set goals, such tasks as the study of the theoretical side of the topic, the methods for reducing costs in the enterprise and their analysis have been accomplished. Further on, we studied data on the example of the Trading Company “ALGA”, analyzed the organization's expenses for 2016 - 2017, proposed further recommendations for their reduction and forecast for 2018, if they were observed.