Optimization of Methods and Systems for Strategic and Operational Management Accounting in Agricultural Enterprises
The article focuses on the cost management accounting system as a basis for effective strategic and operational management and a guarantor for maximum profit. It examines various methods of cost management in agricultural holdings and enterprises. Characteristics of the methods are presented in the article. Such conditions for the use of methods as division of costs into variable and fixed, determination of main activities, continuous cost control, marketing forecasts, product competitiveness, the state of internal processes of the enterprise are considered. Direct costing, CVP-analysis and Standard Cost are examined in more detail. The calculation of the contribution margin from cattle breeding products and appropriate management document are presented. The article explores advantages and disadvantages of methods with appropriate recommendations for their use in agricultural enterprises. The calculation of the actual costs variances from standards is shown. Prerogative ways of improving the management accounting system in an unstable financial situation through the appropriate choice of methods and cost management system are defined.
Introduction to Management Accounting
Written for the managerial accounting course at the undergraduate or MBA level, this text incorporates developments in managerial accounting such as total quality management, ABC, cost drivers, JIT and inventory.
International trade and inclusive growth: a primer
Purpose – This article aims to provide two analytical frameworks for understanding the role of trade in promoting inclusive growth in developing economies.Design/methodology/approach – A working definition of inclusive growth focuses on long‐term, sustained growth associated with productivity growth and employment opportunities for broad portions of households and firms within countries. International integration can promote inclusive growth when workers and firms are able to adjust to enter into growing economic activities and adopt technologies availed through international trade. The frameworks described in this note build on simple household and firm choice models, which require only basic knowledge of development economics.Findings – The discussion highlights how these frameworks can help analysts focus on research and policy questions related to the impacts of international trade across the distribution of households and firms within countries. It also discusses publicly available data sets that can...