COST MANAGEMENT SYSTEMS

Cost Management Systems



Cost Management Systems

Introduction

Cost management system is an essential tool for enterprise management. One of the main elements of business efficiency is to find measures for reducing cost. Tool for achieving the stated goals is management accounting, the classical formulation of which is directly related to cost management. The need for planning and cost analysis for production and sales is becoming more complex in business environment and increasing demands on profitability.

Design and implementation of cost management systems

Creating a cost management system makes it possible to achieve the strategic direction of the decision-making in the management of ...