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.
Internationalisation and Economic Performance of Enterprises: Evidence from Polish Firm-Level Data
This paper provides evidence on the relative performance of internationalized firms using Polish firm-level data spanning over the period of 1996-2005. We distinguish between three modes of internationalization: foreign direct investment, exporting and importing of capital goods. Our results point strongly at superior performance of foreign affiliates vs. domestic firms, exporters vs. non-exporters and importers vs. non-importers. There seem to be important learning effects associated with becoming a foreign affiliate or an exporter. We also find evidence for significant horizontal and backward productivity spillovers from all three types of international activity.