Name
Litvinova Tatiana Aleksandrovna
Scholastic degree
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Academic rank
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Honorary rank
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Organization, job position
Kuban State Agrarian University
Web site url
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Articles count: 2
Costs are one of the most important economic categories that have a direct impact on the financial performance of commercial organizations, thereby determining not only their current but also future development. Current world economic trends, processes of consolidation, business integration, complexity of the production process encourages organizations to adopt new approaches to construction cost accounting and the results of its activities. Thus, the costs of business entities are the central objects in the accounting system of the company
Important indicator of the structure of current assets is the ratio between the money invested in the production and in the sphere of circulation. Proper distribution of the aggregate amount of working capital between the sphere of production and the sphere of circulation depends largely on their normal functioning, turnover rate and completeness of implementation inherent functions: production and payment and settlement